OWN A 1 BEDROOM AT THE OAKMAN VS RENT A 1 BEDROOM IN THE CITY FOR $4,000 |
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Purchase Price | $655,000 |
*Mortgage Amount | $524,000 |
Monthly Mortgage | $2,501.66 |
Monthly Maintenance | $444.00 |
Monthly RE Tax | $467.80 |
Total Monthly Cost | $3,413.45 |
* Mortgage amount after down payment
SAVE $587 PER MONTH, OR $7000/YEAR and OWN (The above is based on a 4% interest rate) Also save on income taxes – no city tax and NJ tax is less than NY tax** **Please contact an accountant |
Disclosure: The information provided above reflects estimates of a typical unit at the Oakman Condominiums. The costs and expenses listed are estimates; the actual charges may be more or less. Please consult with an Attorney, Accountant, and/or tax advisor about the accuracy of information provided above.
exclusive listing: 

Sponsor: 160 First Street Urban Renewal LLC, Jersey City, NJ, 07302. The artist representation and interior decorations, finishes, appliances and furnishings contained herein are provided for illustrative purposes only. Sponsor makes no representation of warranties except as may be set forth in the Public Offering Statement. The complete offering terms are in the Public Offering Statement available from Sponsor.