Copyright 2015 CARA DEVELOPMENT by: Melida Rodas

CYAN CONDOMINIUMS

AFFORDABLE HOUSING 
LOCATION: CORNER OF VAN NOSTRAND  
ADDRESS: 78 DR. MLK DRIVE, JERSEY CITY, NJ 07305 
OPEN HOUSE 
1/18 @ 10am - 1pm 
78 Dr. Martin Luther King Drive
is located in the heart of Greenville - Jersey City, NJ. 
"If you have been paying attention to the real estate market, you may have noticed that Greenville is undergoing a transformation. The City Hall Annex is being built at the Hub, new construction is happening on the west side, and MLK and Ocean Ave are being looked at to help foster new economic growth. As prices are rising throughout much of Jersey City, new buyers are looking at Greenville as a reasonable placed to settle down." ~ Jersey Digs

NOTE:

Total Monthly payments may vary depending on Lender Terms, Buyer's Credit Score,

Buyer's Down Payment and / or 

Bank Interest Rate. 

Unit 1    Approximate Sale Price: $260,000

Sq. Ft : 1,825                    

 

FULL FLOOR APARTMENT

        

Approx. monthly payments $1,766

Includes mortgage, taxes, insurance, condo fees based on credit approval & lending terms.

Bedrooms: 4         Minimum Household Income : $62,500

Bathrooms: 3      

Maximum Income by Family Size Guideline Here !

Unit 2    Approximate Sale Price: $240,000

Sq. Ft : 1,305            SOLD         

 

DUPLEX APARTMENT WITH ROOF DECK

        

Approx. monthly payments $1,606

Includes mortgage, taxes, insurance, condo fees based on credit approval & lending terms.

Bedrooms: 3         Minimum Household Income: $57,600

Bathrooms: 2    

Maximum Income by Family Size Click Here !

 

 
Unit 3    Approximate Sale Price: $220,000

Sq. Ft : 1,118                    

 

OPEN FLOOR PLAN DESIGNED APARTMENT

        

Approx. monthly payments $1,350

Includes mortgage, taxes, insurance, condo fees based on credit approval & lending terms.

Bedrooms: 3         Minimum Household Income : $52,668

Bathrooms: 2        

Maximum Income by Family Size Click Here !

Please Reach Out to Us If You Meet The Following Criteria:

 

Is your Credit Score 660 or above?

 

Is your family’s combined gross annual salary 52K or above

 

Is your family’s combined income less than:

 

$58,700 for a family of 2 or 

$66,050 for a family of 3 or 

$73,350 for a family of 4?

 

IF YOU ANSWERED YES TO ALL
APPLY NOW !!!

Financing Information

To apply for a home mortgage, you will need to provide a lender with documentation to help verify your employment history, creditworthiness, and overall financial situation. If you are applying with someone else (called a co-borrower, such as your spouse), they will also need to provide the same documents. Please be prepared to provide the following:

  • W-2s (for the last 3 years)

  • Recent pay stubs (four weeks of most recent, consecutive)

  • Bank statements for all financial accounts, including investments (for the last 6 months, all pages)

  • Signed personal and/or business tax returns (all pages and relevant schedules for the past three years)

  • If self-employed, a copy of most recent quarterly or year-to-date profit/loss statement

  • Other proof of income

  • A copy of the signed Purchase and Sales Agreement

           

  ADDITIONAL INFORMATION WILL BE REQUIRED

TO MEET NEW JERSEY HOUSING AFFORDABILITY SERVICE REQUIREMENTS FOR THE NEIGHBORHOOD ENHANCEMENT PROGRAM MONITORED BY NJHMFA-HAS

 

A lender may require more documents, depending on your circumstances and the type of mortgage for which you’re applying. You can expect a lender to ask you details about your employment and financial history. With your permission, a lender will also run your credit report as part of the mortgage process.

 

Lastly, click on the below link for our "HOW IT WORKS" page. A valuable tool for first time home buyers!

https://www.caradevelopment.com/making-your-dream-a-reality