Summit House co-op for sale at Guttenberg nj 07093

	Summit House CO-OP 7100 Boulevard East Guttenberg, NJ 07093 Convenient Location for NYC commuter

Lobby	24 Hour Front Desk Services
Easy to/from NYC	To NYC bus stop across from building
Summer will be here soon	Laundry on each floor

	Co-op For Sale

	North East Exposure on 8th Floor
	1 Bedroom with River View
	1 Full Bathroom
	Open Kitchen to Living Room
	Living Room River View
	Maintenance Fee $1120.47/month (Includes ALL utilities, real estate taxes, underlying mortgage payment, pool)
	$1120 with 53% tax deductable: Real Estate Tax $248, Underlying Mortgage $349 47% as Maintenance Fee $483, Cable $41
	Indoor parking $90 - $100 per month extra
	Asking $145,000
	Not for Investors
	Pet allows with Restriction

Buyer's Finance Calculation
selling price	145,000
must have 10% down payment	$14,500
mortgage amount	$130,500
your monthly mortgage @ 5% for 30yrs	$700
maint. fee (incl. real estate taxes, ALL utilities, u/l mortgage)	$1120
monthly mortgage + maintenance fee	$1820
3:1 ratio { Income >= 3 x 12 x (mortgage+ maintenance fee)}	$65,500
Without any other debts such as car loan, student loan, credit card debt, you need to make approximate $65,500/year salary to be qualified by co-op board.
Didn't get it? Don't worry, click here to do some math...
If you pay all the cash, without mortgage, without any other debts, you only need to make $1120x12x3=$40,000/year to be qualified by co-op board
* Information deemed reliable but not guaranteed * * The information contained herein is for illustrative purposes only *

Hallway	Entrance Foyer
Hudson River View from Windows	Bedroom with Hudson River View
Hudson River View from Windows	Hudson River View without Window Frame
Wall of Closets	Large Bedroom
Full Bath	Easy in/out Shower