Cedar Brook Condos - Units Available

AFFORDABLE HOUSING
CEDARBROOK CONDOMINIUM DEVELOPMENT
BRANCHBURG, NEW JERSEY
Currently availability:
There are currently 4 Moderate Income units and 1 Low Income unit available.
See the next 5 pages for more information on each unit.
To be eligible to rent an Affordable Housing unit in Branchburg Township, your household must meet the
NJ Fair Housing Act maximum household gross income requirements.
Household Size
Low Income
Moderate Income
1
$36,750
$58,800
2
$42,000
$67,200
3
$47,250
$75,600
4
$52,500
$84,000
CEDARBROOK DEVELOPMENT is located off of Magnolia Lane, which is off of County Line Road. There
are a total of 40 one- two- and three-bedroom, low- and moderate- income condominiums in this
complex. The condominium units are in three story buildings. Each condominium is a single level, but
the condominiums are located on all three floors.
This development offers a pool, tennis courts and a tot lot. Dumpsters are on-site for garbage and
recycling. There is an Association fee of approximately $100 per month which covers outside
maintenance of the common areas and snow removal. Property Taxes range from $1,500 to $2,500 per
year.
Buyers of Affordable Housing must provide their own financing and be able to afford a minimum 5%
down payment.
Please direct any further questions to
Affordable Housing Services at 908-526-1300 x102 or [email protected].
Single Person Households are not eligible for 2 bedroom units.
Updated March 18, 2015
Branchburg Township
Affordable Housing Condo For Sale
2-Bedroom LOW-Income
$86,872
This unit is part of the NJ Low/Moderate Fair Share Housing Program.
Features:
*First Level
*Laundry area
*Deck with sliding glass door
*Walk-in closet in Master bedroom
*Front Unit
*Central Air
*Eat-in kitchen
Approximate yearly taxes: $2,000
Association fees: approximately $300/quarter.
Covers garbage, recycling, snow removal,
lawn care, pool usage and outside maintenance
*2 bedrooms
*1 bathroom
*Laminate Flooring
E
n
t
r
y
Items to remain in unit:
refrigerator, washer/dryer combo
Approximate Dimensions
Additional Information:
Painted in 2015
Household Requirements:
• Must meet the NJ Council of Affordable Housing requirements to qualify.
• An application must be completed and submitted with the required supporting documentation.*
• Able to obtain a mortgage and have a minimum 5% down payment, plus closing fees.
• To be eligible to purchase a unit, your household must meet the following maximum income criteria:
Household Size
LOW Income
2
3
4
$42,000
$47,250
$52,500
To receive an application contact
Branchburg Township Affordable Housing Services at
1077 US Highway 202 North, Branchburg, NJ 08876
908-526-1300 x102 or
[email protected]
Applications will be certified and referred to the owner
on a first-come, first-serve basis.
Single Person Households are not eligible for this unit.
Updated: March 18, 2015
Branchburg Township
Affordable Housing Condo For Sale
1-Bedroom Moderate-Income
$117,071
This unit is part of the NJ Low/Moderate Fair Share Housing Program.
Features:
*Second (Top) Level
*Laundry area
*Deck with sliding glass door
*Walk-in closet in Master bedroom
*Front Unit
*Central Air
*Eat-in kitchen
*Approx. 800 sq. ft.
Approximate yearly taxes: $2,400
Association fees: approximately $300/quarter.
Covers garbage, recycling, snow removal,
lawn care, pool usage and outside maintenance
*1 bedroom
*1 bathroom
*Laminate flooring
E
n
t
r
y
Items to remain in unit:
All appliances
Items to be sold separately:
portable dishwasher, balcony furniture.
Approximate Dimensions
Additional Info:
Newly painted walls and closets, built-in above range microwave. Shelving/closet systems in closets
Household Requirements:
• Must meet the NJ Council of Affordable Housing requirements to qualify.
• An application must be completed and submitted with the required supporting documentation.*
• Able to obtain a mortgage and have a minimum 5% down payment, plus closing fees.
• To be eligible to purchase a unit, your household must meet the following maximum gross income criteria:
Household Size
Moderate Income
1
2
$58,800
$67,200
Applications are available at www.branchburg.nj.us,
Branchburg Township Affordable Housing Services at
1077 US Highway 202 North, Branchburg, NJ 08876, or
908-526-1300 x102
This is a resale unit.
Applications will be certified and referred to the owner on a first-come, first-serve basis.
Updated: August 2014
Branchburg Township
Affordable Housing Condo For Sale
1-Bedroom Moderate-Income
$131,214
This unit is part of the NJ Low/Moderate Fair Share Housing Program.
Features:
*Second Level (Top)
*Laundry area
*Deck with sliding glass door
*Walk-in closet in Master bedroom
*Back Unit
*Central Air
*Eat-in kitchen
*Approx. 750 sq. ft.
Approximate yearly taxes: $2,600
Association fees: approximately $300/quarter.
Covers garbage, recycling, snow removal,
lawn care, pool usage and outside maintenance
*1 bedroom
*1 bathroom
*Laminate flooring
E
n
t
r
y
Items to remain in unit:
stainless steel refrigerator, stainless steel stove, washer &
dryer, microwave. There are also remote ceiling fans in the
bedroom and living room
Approximate Dimensions
Household Requirements:
• Must meet the NJ Council of Affordable Housing
requirements to qualify.
• An application must be completed and submitted
with the required supporting documentation.*
• Able to obtain a mortgage and have a minimum 5% down payment, plus closing fees.
• To be eligible to purchase a unit, your household must meet the following maximum gross income criteria:
Household Size
Moderate Income
1
2
$58,800
$67,200
Applications are available at www.branchburg.nj.us,
Branchburg Township Affordable Housing Services at
1077 US Highway 202 North, Branchburg, NJ 08876, or
908-526-1300 x102
This is a resale unit.
Applications will be certified and referred to the owner on a first-come, first-serve basis.
Updated: August 2014
Branchburg Township
Affordable Housing Condo For Sale
2-Bedroom MODERATE-Income
$142,166
This unit is part of the NJ Low/Moderate Fair Share Housing Program.
Features:
*First Level
*Laundry area
*Patio with sliding glass door
*Walk-in closet in Master bedroom
*Front End Unit
*Central Air
*Eat-in kitchen
Approximate yearly taxes: $3,000
Association fees: approximately $300/quarter.
Covers garbage, recycling, snow removal,
lawn care, pool usage and outside maintenance
*2 bedroom
*1 bathroom
*Laminate Flooring
E
n
t
r
y
Items to remain in unit:
Refrigerator, washer and dryer
Approximate Dimensions
Additional Information:
New carpeting, new flooring.
Household Requirements:
• Must meet the NJ Council of Affordable Housing requirements to qualify.
• An application must be completed and submitted with the required supporting documentation.*
• Able to obtain a mortgage and have a minimum 5% down payment, plus closing fees.
• To be eligible to purchase a unit, your household must meet the following maximum income criteria:
Household Size
Moderate Income
2
3
4
$67,200
$75,600
$84,000
Applications are available at www.branchburg.nj.us,
Branchburg Township Affordable Housing Services at
1077 US Highway 202 North, Branchburg, NJ 08876, or
908-526-1300 x102
Single person or couple households are not eligible for this unit.
This is a resale unit.
Applications will be certified and referred to the owner on a first-come, first-serve basis.
Updated: December 2, 2014
Branchburg Township
Affordable Housing Condo For Sale
2-Bedroom MODERATE-Income
$153,146
This unit is part of the NJ Low/Moderate Fair Share Housing Program.
Features:
*Second (top) Level
*Laundry area
*Deck with sliding glass door
*Walk-in closet in Master bedroom
*Back End Unit
*Central Air
*Eat-in kitchen
*2 bedroom
*1 bathroom
*Carpeting
E
n
t
r
y
Approximate yearly taxes: $3,200
Association fees: approximately $300/quarter.
Covers garbage, recycling, snow removal,
lawn care, pool usage and outside maintenance
Items to be sold separately:
Washer and Dryer
Approximate Dimensions
Additional Information:
New carpeting, new flooring.
Household Requirements:
• Must meet the NJ Council of Affordable Housing requirements to qualify.
• An application must be completed and submitted with the required supporting documentation.*
• Able to obtain a mortgage and have a minimum 5% down payment, plus closing fees.
• To be eligible to purchase a unit, your household must meet the following maximum income criteria:
Household Size
Moderate Income
2
3
4
$67,200
$75,600
$84,000
Applications are available at www.branchburg.nj.us,
Branchburg Township Affordable Housing Services at
1077 US Highway 202 North, Branchburg, NJ 08876, or
908-526-1300 x102
Single person or couple households are not eligible for this unit.
This is a resale unit.
Applications will be certified and referred to the owner on a first-come, first-serve basis.
Updated: November 13, 2014