Posts Tagged apartments with fitness center in new jersey

Does a New Jersey Apartment With Fitness Center Fit Into Your Budget?

apartments-with-fitness-center-in-new-jerseyOne of the most important steps to finding and renting a new apartment (or buying a house, for that matter) is determining how much you can afford to pay. This may seem, to many of you, like common sense. We have all been in situations where we want so badly to move that we forget to stop and be rational.

Recently, while looking for a new place to live, I came across this video from a guy that says his name is Joe Shmoe. His short 2-minute video reminded me of how important it is to create your budget before you go looking for apartments, whether it be out and about in the city or from the comfort of your couch, searching online. As a rule of thumb, your net monthly income should be 2.5 times higher than your monthly rent. In other words, if your rent is $2800 a month, your net income should be $7000. I know that is not the ideal situation for everyone, but it is a good reference point.

Once you have established your price point, then you can go searching for places that you like that fit into your budget. I would recommend doing an online search using Google or Bing, and creating a list of 5-10 places where you would like to live. Remember, you are searching for a place to call home, and hopefully that means for an extended period of time.

After you have your list, then you can go check out the neighborhood of each address. It it recommended to make 3 trips to each location. One in the daytime, Monday through Friday, so you can observe the daily routine. The second trip should be a daytime visit on Saturday. That is when everyone would be home, and you can get a feel of how people in the community hang out, and interact. The third trip should be on a Saturday night between 10pm and 11pm. You are making this trip to make sure the community is a safe place for you and your family.

If you are satisfied with the neighborhood after your three visits, go ahead and schedule an appointment to see the available apartments in the building. As “Joe Shmoe” said in his video, don’t use the word ‘budget’ when talking to the rental agent. They are usually trained to upsell the clients, and get you to spend more money than you have available.

In my recent search, I found a listing for a brand new apartment in New Jersey with a fitness center, swimming pool, movie screening room, and a whole lot more. Apartmentguide.com indicates that a studio apartment at The One Jersey City starts at $2895 per month. Just a little out of my price range.

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The One Apartments With Fitness Center in New Jersey

There are many hi-rise luxury apartment buildings being developed in New Jersey.  It could be due to the lack of available space just across the river in Manhattan.  This leads to more industry competition, and in some ways benefits the consumer.

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In order to stay competitive, the leasing companies need to add additional benefits to attract tenants.  A couple of benefits that attract the most consumers, in my opinion, would be a swimming pool and a fully equipped fitness center.  Other benefits that are nice, would be a game room, screening room, and children’s playroom.  I am just not sure how much use I would get out of them.

One of the buildings I am referring to is the new development at 110 First Street, Jersey City, NJ.  Built in 2015, The One Jersey City, has a long list of tenant benefits including a state-of-the-art fitness center, yoga studio, swimming pool on the roof deck, small movie theater, golf simulator, playroom for the kids, an outdoor deck with cabanas, fire pits and bbq grills.

The fitness center has cardio equipment, free wights, brand name exercise equipment and a yoga studio.  The complex is currently offering complimentary yoga classes for its residents. While the pictures on the website of these apartments with fitness center in New Jersey makes the area seem a bit small, I found a video that gave me a better idea of just how much room is in the fitness center.

As I read through the information I have given you, it may seem like I only care about what luxuries the apartment is offering.  Some people may think that is a bit shallow or pretentious.  Let me assure you that I am also concerned with the actual living conditions of the building.  I am not one to need fancy things.  I grew up the middle child in a middle class family in the Midwest.

To me, the rental rates are reasonable for the amount of space you get with each different floor plan. For a 600sqft Studio apartment, you will pay just over $2900 a month, a 750sqft one bed/one bath starts at under $3000 and goes as high as $3300, and you could rent a 2 bed/2 bath that is 2078sqft for $4500 a month.

 

 

 

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