Recent comments in /f/jerseycity

jeffsnguyen t1_j2v2mpz wrote

I would not pay broker's fee in JC. Sometimes you have to do it in NYC for desirable locations + rent stabilization (which is the hardest selling point). Unless you are dead set on a place for a few years, even 1 month broker's fee is non-trivial on a single lease.

1.5 months refundable deposit is not the norm, most place requires $1000.

1st month rent + $1000 deposit is the standard that I would stick to.

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Economy-Cupcake808 t1_j2v0ma5 wrote

That’s the worst case scenario. Things vary a lot. When I moved in broker fee was only 1/4 of rent and I didn’t have to pay first month up front. A lot of places I looked at didn’t require security deposit if we used their recommended insurance company or something like that.

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jenn021409 t1_j2v06d1 wrote

I work for a management company in Hoboken and we cover realtor fees and security deposit is $1,000-$1,500. I'm sure there is some in Jersey City too

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Empty_Smoke_6249 t1_j2uy94k wrote

I live in the area not too far from the LSP light rail stop and it’s a really chill part of JC. I used to live in Flatbush too, and I would say, this part of Bergen is not that vibe at all. It’s more like Greenpoint had a baby with parts of Bedstuy. Just much less stuff going on, of course.

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BromioKalen t1_j2uxwmp wrote

Reply to comment by i-am-a-name in Apartment move-in costs by i-am-a-name

Also, keep in mind that depending on what is going on with the rental market the broker fee can be negotiated. Not exactly with the broker, but with the landlord who hired the broker to list the property. If rentals start to be in less demand this year, possible to split the fee with the landlord or have them pay it fully if you are highly qualified. Right now, most tenants are paying the brokerage fee, but that changes due to market conditions.

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BromioKalen t1_j2uwp4d wrote

The max security deposit allowed by the state of NJ is 1.5 months so could be less. From my experience one month is more common. Also, you don't always need a broker, but if you are moving from out of state, I would recommend it to handle things for you.

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EntrepreneurNo8715 t1_j2uu8ua wrote

Typically would be $3000. The security deposit is in addition to the first months rent. You’ll be returned the security deposit within 30 days after leaving apt. (Assuming nothing deducted).

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Maleficent-Baby-1926 t1_j2uh0ne wrote

lol yeah. I’m originally from bk and i think the definition of rough is very subjective on here 😂. most places in JC dnt compare to some places in brooklyn like FB, Brownsville or East NY but most on here arent coming from that perspective. havent been in JC super long so i wouldnt be able to give you best read but personally im not sure my forever home would be anywhere in JC lol. however if you are looking for a neighborhood with upside potential, space, less traffic, and in convenient location to most things you need -whether that’s convenient access going to/from JC, or going dwntwn/manhattan (that’s not already super expensive or with high taxes) Bergen Lafayette / Greenville near transit is a fair bet. you’ll see grit but likely not as bad.

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