Hi France,

I've lived in a condo for 20+ years, so I am knowledgable about this market. You simply can work with a realtor to find a unit that is listed in your price range, Once your deal is consummated, you can begin your renovations. If the updates are cosmetic, you can usually just move forward and complete these projects. If you require plumbing, electrical, or other major work, you will need a permit from the town for the work. It will also have to be inspected once the changes are complete. This is a simplified answer, of course, but I invite you to contact me so we can discuss your needs and plans in detail.

Ann Santee
Vice President/Broker Associate
Mark DeLuca Realtors
Cell: 201-233-5278
Office: 201-692-9700 Ext. 29

I assume you mean the older style of what used to be rental units which were converted to condos. There are a number of these in various towns.Some still have the old 1950's and 1960's interiors which can be updated Look in Clifton, ayne Farilawn Bergenfield Hackensack or Teaneck for starters. If you see a 1 or 2 bedroom unit for under $300,000 check it out as it may be worth a look.
but bear in mind renovating a condo is not at all like renovating a house. You are very restricted in what you cam do. New Bathroom, New kitchen and a coat of paint is about all you can do. And the new bathroom and kitchen are confined to little more than new cabinets and appliances. No knocking down of walls or any other structural changes. You cannot even put in new windows or front door without permission from the condo association which very often will not be given.
If you want a cheap place to live that you can update thats one thing but the condo is most definitely not a vehicle for investment for profit.