NEW RENTAL LISTING: 15 EAST 4TH STREET CLIFTON, NJ

clif
|$1,850 per month
15 E. 4th Street | Clifton | 2 Bedroom | 2 Bathroom 

Newer apartment complex of 2 BDR/ 2 bath UNIT! Complete with an oversized master bedroom W/ FULL bath and HUGE WIC, hardwood floors, good sized second bedroom, washer / dryer in unit, granite counter tops in the kitchen, Whirlpool stainless steel appliances including a dishwasher and microwave. Ample parking in both the parking lot and on the street and additional rental garages are available to tenants on a first come first serve basis for an extra $100 per month. The unit has its own meter for gas, water, and electric, which is at each tenant’s expense. Central air. These are smoke and pet free buildings. Each applicant is required to fill out an application with an attached credit report and subject to interviews and background checks. First floor unit, no stairs!

|CONTACT:
Berkshire Hathaway HomeServices Realtors
Deborah Graske
201-447-6600
201-679-4075

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SECURITY DEPOSITS EXPLAINED

Article excerpted from Realtor.com
A security deposit is an amount of money you pay to your landlord to cover any damage incurred or necessary cleaning of the rental property once your lease has expired.

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Rental laws vary from state to state. The following tips are some of the basics that every tenant should know about security deposits, because what you don’t know can cost you.

Security deposits are a guarantee that you will keep the rental in good condition. If you owe back rent or late fees when you move out, your landlord may deduct that amount from your deposit. Your landlord may also deduct from the deposit the cost of cleaning and repairs beyond normal wear and tear. Every state allows landlords to charge a security deposit, but how much they can charge varies.

Generally, landlords are required to put security deposits in bank accounts and may not commingle deposits with their own money. Many states require your landlord to notify you where the account is kept; this notification is often detailed in your lease. In some states, these accounts earn interest that you may be entitled to, and in some markets, your landlord may be entitled to a small portion of the accrued interest as an administrative fee.

Landlords bear the brunt of taking care of the things that wear out in the rental, such as carpeting, floor finishes and fading paint. If you damage the property, repairs are your responsibility. If your child colors on the walls or you accidentally crack a tile in the bathroom, those repairs will come out of your deposit. Even if a guest who doesn’t live with you breaks something, you are liable for those repairs.

To make sure you get back all you are due, carefully document the state of your rental by completing a move-in inspection form. Take pictures of any problems, and use your camera’s time-stamp function. You and your landlord should each sign and keep a copy of this form. Before you move out, ask your landlord to walk through your rental with you so that he or she can point out issues you should resolve before you leave. If necessary, hire a professional to clean your apartment.

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RENTAL CONTRACTS 101: WHAT TO ASK BEFORE YOU SIGN

Courtesy of Realtor.com

It’s terrible to settle into a new rental home or apartment only to discover something amiss. Once you sign a lease or contract, you are legally bound to what is written in the rental agreement. Sure, you could break your lease, but that means paying stiff penalties.

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To avoid mistakes that you will have to live with for the duration of your stay, you need to ask questions. Here are a few tips and things to ask before you sign a rental contract:

Surprise Expenses
The water might be free, but that doesn’t mean all of your utilities are. Find out who is responsible for paying for what. This includes electricity, heat, gas, cable television, Internet and water.

Noise Problems
Ask your landlord what the rules are regarding tenant noise and how they are enforced. Don’t be afraid to look online or ask other tenants if they have been bothered by noise from trains, planes, dogs or neighbors.

Poor Condition
Getting a tour through a similar apartment is fine, but you should always ask to see the actual apartment you will be moving into before you sign a rental agreement. If the landlord agrees that something requires refurbishing, get a written commitment as part of the lease rather than relying on verbal assurances. Reach out to other tenants to find out how responsive the landlord is when something breaks.

Parking
Find out if there are designated parking places and, if so, what the tow policies are. If you have roommates, find out how much additional parking spaces cost. Ask current tenants if they are always able to find parking and if their guests are.

Public Transportation
If you are apartment hunting in a bigger city, ask your landlord where the nearest mass transit is. Depending on where you are located, consider asking to what degree weather conditions impact public transportation.

Internet and Television
In this day in age, a high-speed Internet connection is almost essential. Ask your landlord about the rental’s digital infrastructure and have them point out the electrical outlets, phone jacks and cable hookups.

Laundry
If a washer and dryer are not provided in your rental, be sure to ask your landlord where the laundry facility is located in the building. If there isn’t one, ask about dry cleaners or laundry businesses nearby.

Fire and Theft
Is your new apartment safe and secure? Find out about security features, fire protection and other safety considerations from your landlord. If the building has a main entrance, is it locked after a certain time? Is renter’s insurance recommended?

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SHOULD I TRY TO RENT MY HOUSE ON MY OWN?

forrent

Using a broker to rent your home provides many benefits:

The first benefit is that the broker will have the renter complete applications and will do appropriate credit and reference checks.  The broker will conduct all the showings so that you do not have to fit these appointments into your schedule.  The formal lease will be drawn up by the broker and the broker will collect the deposits and such on your behalf.  These time saving benefits are substantial.

In terms of marketing your rental property, a broker has many more marketing opportunities available to them.  Brokers will use online listings, signage, fact sheets, MLS and more to get your home rented quickly.

And remember, the broker fee is usually paid by the tenant !  If you are looking to rent your Bergen County home, call Abbott & Caserta Realtors to learn more about the benefits you can gain by using a broker to rent your home.

 

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