Purchasing Real estate in Longport, New Jersey, has always been an endeavor of pride and joy. Longport, New Jersey historically has been considered an exclusive, upscale shore area fit for dignitaries, corporate executives and moguls. Beach and Bay front mansions line the waterways of Longport, New Jersey. Residents in this prestigious shore town enjoy the quiet elegance where busy executives can relax and get away from their high pressured schedules.
For those who want Longport New Jersey Real Estate and can’t or don’t wish to pay the multi millions to live on the water there is the affordable option of purchasing a condominium in Longport NJ. Taxes are low because there are few municipal services and no public schools in Longport. When the prices once again begin to rise as they always do in the cyclical world of our economy you will be able to share in the escalation with a minimal investment.
As with any purchase of a condominium you will need to obtain the rules and regulations and check if there is parking, a pool, and ask what exactly are the amenities and fees. Be sure to check out these facilities and notice the demographics to see if it is a good fit for your needs. Every condominium is different. Some include utilities and or TV cable in the condo fee. Some charge for parking. Some have assessments coming up or have a history of yearly special assessments. These are important questions to ask as they affect your bottom line. Ask to see the minutes of the last 3 board meetings where you might learn of things the building is getting ready to repair or purchase such as a new roof which might require a special assessment. And just as important when purchasing a condominium you need to clearly state in the contract who pays for any imposed assessment, the buyer or the seller. It is a good idea to hire a real estate attorney familiar with the practice of real estate in the area in which you buy.
One of the great advantages of purchasing in Longport, New Jersey you are only 6 miles away from the entertainment life of Atlantic City with its casinos, fine and casual dining, shopping and exciting night life. Or if you still prefer the suburban life, the fabulous town of Margate City is right next door. Here you will enjoy boating in Margate’s Back Bay, the Margate library, casual or more upscale dining, and exclusive shopping for the family.
Before purchasing any real estate whether it is in Longport, NJ or elsewhere it is wise to ask your realtor for comparable sales and properties on the market. Drive around the town to get acquainted with the area and the people in it. Visit a local restaurant and ask questions of the patrons and owners. Some things you just can’t glean from facts and figures as from first hand observation and conversation.
Longport NJ Real Estate – If you are looking for real estate listings, sales and rentals in Southern New Jersey shore towns contact Linda Magarick. She has been directly involved in New Jersey island real estate for over 25 years. For more information about available properties, rentals and listings, call 609-226-3775 or visit website domain.
