Listing Details: Long Valley, Hackettstown, Mount Olive and Morristown, New Jersey Real Estate Listings & Homes For Sale Provided by Ron Karcich

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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
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Feature Property - Commercial Possibilities

$325,000

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City/ST: Budd Lake, NJ	Zip Code: 07828	Location: Budd Lake-Mt. Olive Twp., Morris County
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 0
Bedrooms: 4	Bathrooms: 2	MLS# 2661450
Property Tax: 4433

Four bedroom home with fieldstone exterior - live here, rent it, investor opportunities, run a busines - LOCATION, LOCATION, LOCATION!!

Last Updated: 11/12/2009 7:53:46 PM

Listing Agent and Office: Ronald Karcich, RE/MAX Properties Unlimited

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Titles >Holding Title to A Condo

With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.

A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.

A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.

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Q	Over what famous building is aircraft forbidden to fly at any time?
A	No aircraft is permitted to fly over the Taj Mahal in India.
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Ron Karcich, REALTOR�, real estate agent and broker for Long Valley, Hackettstown, Mount Olive and Morristown, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Ron Karcich
RE/MAX Properties Unlimited
One Madison Ave
Morristown, NJ 07960
Direct: 908-310-6283
Fax: 973-539-6888
RonKarcich@NUMBER1EXPERT.com
Ron Karcich is a knowledgeable, full time agent with 12 years of real estate experience in the areas of sales and management. His strengths lie in negotiation and honesty with his clients. He always puts his clients' best interest above all others.

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