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Condominium Communities Information
Welcome > Local Info > Condominium Communities Information ...

INWOOD AT GREAT NOTCH
Little Falls, New Jersey- less than 1 mile from Montclair

Inwood at Great Notch is a picturesque, 26-acre complex of townhouses and apartments. This cooperative community offers outstanding recreational amenities, attractive and spacious homes, and quiet privacy, nestled in a park-like setting.

Cooperative ownership at Inwood provides all the advantages of condominium ownership, but at a more attractive purchase price and with lower monthly payments; and the financial advantages Qt private home ownership, but without the hassle of outside maintenance.

Inwood at Great Notch is ideally located for easy access to and from major highways and within walking distance of public transportation direct to Manhattan. Local amenities include shopping, theaters, restaurants, parks, colleges, and country clubs.

LOCATION

Inwood at Great Notch . . . easy commute to New York, Newark, Morristown, Wayne and other commercial centers; minutes from excellent shopping, fine dining, and local downtown areas.

  • Inwood could not be more convenient to New York City for work or pleasure. New Jersey Transit buses and trains stop lust one block from the complex. By car just 15 miles to mid-town Manhattan.
  • · Easy access to/from routes 3, 46, 80,23, the Garden State Parkway and NJ Turnpike.

Inwood is close to:

  • Excellent shopping at Willowb rook Mall, Wayne Towne Center and stores in Little Falls, Cedar Grove and Montclair
  • Renowned museums and historical landmarks
  • Cinemas and theaters, including Olympia Dukakis' Whole Theatre Company
  • Fine restaurants of many cuisines
  • Beautiful parks, golf courses and country clubs
  • Educational institutions
  • Giants Stadium & Meadowlands Sports Complex Newark International Airport

LIFESTYLE

Inwood at Great Notch…recreational facilities, creative floor plans, and modern amenities in a setting of unsurpassed natural beauty add up to a desirable lifestyle.

  • Five different spacious floor plans to choose from, ranging from a one-floor studio to a three-floor, two bedroom townhouse with 2-1/2 baths and full recreation room:
    • Over-size studio (with walk-in closet)
    • One-bedroom
    • Two-level "studio" (with recreation room)
    • Two-level one-bedroom (with recreation room)
    • Three-level townhouse
  • All units have ample storage and closet space
  • Many designs with balconies, wood-burning fireplaces, eat-in kitchens, master baths, family rooms, sliding glass doors to lawn area
  • All units nave central heating and air conditioning
  • Varied exteriors with brick and stone facing, cedar shakes, Belgian block curbing, post lighting, shuttered windows, grass courtyards, private flower beds and gardens
  • Large, wooded common area and natural brook
  • Ample parking for all units; some units have private garages
  • Beautiful outdoor swimming pool (kiddie pool too!)
  • All-weather tennis courts and basketball court
  • Three children's playgrounds and a public softball field
  • Nightly security patrol
  • 24-hour manned guardhouse (planned)

The Advantages of Cooperative Ownership
At a Glance

  Cooperative Ownership Condo- minium Ownership Rental Apartment Private Home
Property ownership YES YES NO YES
Potential tax savings YES YES NO YES
Possible equity build-up YES YES NO YES
Possible appreciation and profit potential YES YES NO YES
Advantageous financing available for qualified purchasers YES YES NO YES
Common area maintenance done for you by professionals YES YES YES NO
Professional property management YES YES YES NO
A voice in the management and maintenance of the property YES YES NO YES

GARRET HEIGHTS CONDOMINIUMS
Paterson, Passaic County, New Jersey

Comfortable, Convenient Living Has Just Reached New Heights. Located on the historic Garret Mountain in Passaic County, Garret Heights is only 15 miles from New York City and is surrounded by the area's finest network of highways (Routes 80, 46, 3, 287, and the Garden State Parkway) which provides the opportunity to enjoy New York's night life, New Jersey's Shore and the tranquil beauty of the Delaware Water Gap.

At Garret Heights, you'll have a choice of 4 floor plans, each reflecting today's highest standards of quality at a most affordable price. All Garret Heights Condominiums offer at least two bedrooms, living room with fireplace, dining area/kitchen, two ceramic tiled bathrooms and a laundry area.

If you're searching for a home of quality and comfort, you owe it to yourself to visit Garret Heights today!

COMMUNITY FEATURES

  • Professional landscaping
  • Street and parking area lighting
  • Underground utilities
  • Two parking spaces per unit
  • City water and sewers
  • Roads and curbs
  • Sidewalks
  • Adjacent to Garret Mountain Reservation

EXTERIOR FEATURES

  • Aluminum siding
  • Private balconies
  • 3-1/2" (R13) fiberglass insulation in walls
  • Thermally insulated Andersen windows and balcony doors
  • Self-seal tab asphalt roofing

INTERIOR FEATURES

  • Central air conditioning
  • Natural gas heating
  • 5-1/2" (R-19) fiberglass insulation in ceilings
  • Smoke detectors
  • 50 gallon natural gas hot water heater
  • Utility room with washer and dryer hook-ups
  • Whirlpool Tub
  • 100 AMP electrical service
  • Pre-wired for cable TV and telephone
  • Laundry room
  • Soft white interior paint, including semi-gloss trim
  • Wall-to-wall carpeting in living room, dining room, and bedrooms
  • Wood burning fireplace
  • Cathedral ceiling (specified units)
  • Ceramic tile floor in baths and kitchen
  • Mirrored medicine cabinet
  • Exhaust fan in baths
  • Custom decorator vanity
  • Tiled tub and shower area
  • Kohler or equal plumbing fixtures
  • Formica counter tops
  • Multi-cycle energy saver dishwasher
  • Color coordinated appliances
  • Custom wood or European style laminated cabinets
  • 30" gas range with exhaust hood
  • Microwave
  • General Electric appliances
  • Intercom Entry System
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Real Estate Tips
Financing Your Home >The Margin on an ARM

When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.

Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.

If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.

See All Tips In The "Financing Your Home" Category >
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Real Estate Trivia
Q 
What U.S. state is home to the world's richest woman?

A 
Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas.
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Kathleen Milinkovich, REALTOR®, real estate agent and broker for Caldwell and Montclair, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Kathleen Milinkovich
Coldwell Banker Residential Brokerage

484 Bloomfield Avenue
Caldwell, NJ 07006
973-618-2584
Fax: 973-226-0463
realestatenewjersey@NUMBER1EXPERT.com

Kathy Milinkovich, Sales Associate with the Caldwell Office of Coldwell Banker has been a real estate professional for 30 years. Based on gross commissions thru December 31, 2010, she is ranked # 47 and on total transactions, she is ranked # 41 in the state. She has been a perennial member of the NJAR Million Dollar Sales Club for the last 30 years.


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