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Home Buying in Essex County : Real Estate Advice

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  • Local Info1
  • Home Buying24
  • Home Selling1
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Activity 420
Thu Apr 25, 2013
Richard Brody answered:
You should ask yourself a few questions first. How far, time wise, are you willing to commute? How much of a downpayment can you put down? How is your credit?

There are several lovely communities in Long Island, as well as in Queens, that would have some homes in or near your price range. With today's low mortgage rates, you can get much more for your monthly payment, than in the past. Real estate taxes must also be a consideration, because that will have a bearing on your monthly payment, as well.

In terms of school systems, there are many excellent school systems. There are ratings and descriptions of most of them online.

Think about accessability to mass transit, convenience and cost of commuting, as well. A professional realtor could be of great assistance.

Richard Brody
Licensed Salesperson
Daniel Gale Sotheby's International Realty
richardbrody@danielgale.com
Cell: (516) 448- 4184
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0 votes 9 answers Share Flag
Sat Apr 13, 2013
Sharon Home Team answered:
Livingston is a great town. Some homes require flood insurance but most don't. It has a great downtown with lots of stores, restaurants, little boutiques and an easy commute to NYC.
The schools are highly ranked and there are parks, diverse population and close proximity to rt. 10 and rt. 280.

If this town interest you you can visit their website to find out more information about all it offers.

It would be our team's pleasure to assist you in locating a great home in Livingston or other nice towns in the area.

Good luck!

Karen Abramson
Keller Williams suburban realty
917-294-0356
... more
0 votes 5 answers Share Flag
Sat Jan 4, 2014
Dianne Andrews answered:
You should really ask your tax advisor, as agents are not really allowed to give what may be considered tax advice.
0 votes 10 answers Share Flag
Wed Jul 17, 2013
Bob and Sandra Bolcar answered:
Generally you need a credit score of over 640 and at least 3 trade lines to get a mortgage. There are some FHA programs available with lower scores that have some restrictions but your situation needs to be analyzed by a professional mortgage person to see if you qualify. What type of income you have and how long you have been on a job is critical today. There are some good FHA programs with 3.5 percent down payment but, again, you need additional criteria to qualify. There are grant programs available through the state of NJ which are offered once in a while but they are limited and you are on a draw system once you have a contract in hand. I'm not sure if that is even available at this time. If you are a teacher, police officer (civil servant-type employment) or the like, there are sometimes other mortgage programs available.
I have excellent mortgage contacts who can even help you bring your score up since, often, there are a few key points to doing that within 30-60 days that you may not be aware of.
Do feel free to contact me through this site if you need further information. I work with first-time home buyers on a regular basis. I enjoy helping helping people like yourself if possible.
Sandra Bolcar, Broker Associate
RE/MAX VILLAGE SQUARE
973-744-7722
www.thebolcarteam.com
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0 votes 9 answers Share Flag
Sun Apr 7, 2013
Keith Jean-Pierre answered:
I have a good one I work with, he travels all over, just had him in Monroe and he just did the VP of M&M. Send me a message if you want his details.
0 votes 2 answers Share Flag
Mon Feb 23, 2015
Nancy Gould answered:
You don't say your total budget, but with those taxes in mind I would look in Summit, Madison or Chatham New Jersey. These towns are walkable and have lower taxes than the towns in Essex County. Good luck with your search. ... more
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Mon Oct 28, 2013
George Walsh answered:
there are several towns along the midtown direct train line that offer good schools, walkability, family friendly and with good restaurants. Maplewood, Millburn, Summit and Chatham come to mind immediately. happy to answer any questions you may have. George Walsh, Keller Williams Realty, 201 953 4134 (cell) ... more
0 votes 12 answers Share Flag
Thu Oct 2, 2014
Javier Meneses answered:
Well typically closing costs are the buyer's responsibility. Though the seller has their own closing expenses they're responsible for, buyers are also responsible for their own closing costs, which happen to be about 95% of all closing costs involved in a real estate transaction.

Buyers can request the seller to gift them up to 6% of the seller's proceeds , from the purchase price, to be used towards the buyer's closing costs. This is called seller concession.

If my response was helpful, consider clicking BEST ANSWER!

Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648
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0 votes 22 answers Share Flag
Thu Nov 21, 2013
Tony Grech answered:
Essex County is what's known as a "high loan balance" county, and the conforming limit there is $625,500.

As far as the rate differences, there is no rule, but in general you should expect to pay .25% to .50% higher on a jumbo fixed loan. I've got jumbo ARM's available though that are lower than conforming rates.

If I can be of assistance please shoot me an email.

Tony
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0 votes 4 answers Share Flag
Thu Apr 25, 2013
Paulo Quintela answered:
Hello Danguerr

My office is in the Ironbound NEWARK

Call me to help you

Paulo Quintela
EXIT Realty Lucky Associates
290 Ferry St - Newark NJ 07105
Cell 908-962-8047 Office 973-817-7700
Paul@quintelanjhomes.com
Www.quintelanjhomes.com
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0 votes 7 answers Share Flag
Sat Mar 23, 2013
Brian Diehl answered:
Hello Petra,
The property at 233 Little Falls Road in Fairfield requires flood insurance (if you buy the house with a mortgage). It is not currently on the market.

If you are not currently working with a Realtor, I'd be glad to give you some assistance.

You can call or text me any time and I'll be glad to help.

Brian Diehl
Prudential New Jersey Properties
West Essex Office
973-521-1061
... more
0 votes 1 answer Share Flag
Sat Mar 16, 2013
Jennifer Blanchard answered:
Good morning! Your best bet is to ask your agent to get that information from the current owner. Keep in mind that utility costs vary based on usage. How many people currently live in the house and how different is your lifestyle.

Good luck!
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0 votes 5 answers Share Flag
Tue Oct 6, 2015
Tim Moore answered:
In 26 years I have never heard of anyone I know that did a lead test. I have sold a lot of pre 1978 homes and the buyers have always just ignored the test. No doubt there is lead paint, but it is now probably encapsulated in several coats of non-lead paint which makes it pretty harmless unless you eat it. If your kids are prone to eating paint chips then it could be a problem, that was the old cause of lead paint problems. If you find the house has it under several coats of paint your option is to have it removed, I can bet the seller won't do it as it would have to be horribly expensive and, like I said, most buyers don't care. If your kids might eat paint chips then I would be concerned. ... more
0 votes 14 answers Share Flag
Sun Jun 16, 2013
Debra (Debbie) Rose answered:
Well, I assume people who want to live in Clinton Hill are buying there!

Fair Housing Laws prohibit any discussion of "who" is buying anywhere.....as they should.
0 votes 4 answers Share Flag
Thu Feb 28, 2013
Bob and Sandra Bolcar answered:
If there is land available, but please explain your question and I can certainly help you more efficiently. I'll be glad to help.
0 votes 3 answers Share Flag
Wed Feb 27, 2013
Jeffrey Bogert answered:
You have had 5 go under contract and some of that had been sitting around a while. Things are starting to move. If you are looking at new inventory I know several properties that are being prepped to hit the market in the next could of months. Inventory on a town wide basis is down over 30% from a year ago. If you have any specific questions feel free to reach out. ... more
0 votes 6 answers Share Flag
Tue Feb 26, 2013
Tim Moore answered:
Tue Feb 19, 2013
Jill Stewart answered:
Hi Jamie,

Yes, Brook Street is in a flood zone.

Are you looking for a home in the Fairfield area? I will be happy to help you find something!

Jill Stewart, Sales Associate
Realty Executives Exceptional
973-464-2823
... more
0 votes 1 answer Share Flag
Mon Feb 11, 2013
Andrew Tisellano answered:
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