IHaledon NJ Property Listings
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Real Estate Tips for New Jersey Home Buyers

Your Plan of Attack
Strengthen your Credit
Do your “Home’work"
Types of Homes
The Home Inspection
The Closing
Closing Costs

Real Estate Tips for New Jersey Home Sellers
Marketing your Home
Pricing your Home
Telling the World
Protect your Privacy & Security
Creating Curb Appeal
Home Improvements
New Jersey School Information
School and municipality info listed by county & town.
Mortgage Calcuator

 

 

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Real Estate Information for Buyers:
Types of Homes

Terms For Different Types Of Homes.

A snapshot of available homes include:

  • Single-family: One home per lot—you own and are responsible for everything on the lot.
  • Multi-Family Homes: Buildings with up to four units, with the buyer intending to occupy one of them and renting the other available units.
  • Condominiums: Similar to a single-family home, with condos you own the edifice itself, the inside of the property and some of the common elements like staircases, sidewalks and your roof. You’ll pay a homeowners association to administer and take care of the exterior of the development.
  • Co-ops: Here, you purchase shares in a corporation that owns a building, and you receive a lease to your own apartment. A board of directors supervises management. Monthly charges include your share of an overall mortgage on the building.