Manhattan Renter Flees Escalating New York City Prices and Finds Attractive Homeownership at The M at Englewood South in Bergen County
ENGLEWOOD, NJ – Attractively-priced, full-service condominium communities in New Jersey’s immediate New York City suburbs continue to experience strong sales activity from young couples and single-professionals looking to flee the escalating Manhattan rental market.
Bryan Forbes, a recent purchaser at The M at Englewood South in this Bergen County City, is one of the many first-time homebuyers tired of New York City’s skyrocketing apartment pricing and heading across the Hudson River to purchase a brand new condominium well within his budget and still enjoy an activity-rich environment near a wealth of modern services, restaurants and conveniences,
“I was looking for more space than I could afford in Manhattan and was tired of paying New York City taxes,” Mr. Forbes points out. “I was ready to buy a new home.”
Fully prepared to move on from his pricey midtown Manhattan apartment, Mr. Forbes knew exactly what he was looking for in his first home. Among the most important attributes he desired were a close proximity to New York City, a location near a vibrant downtown setting and the ease of maintenance-free living.
“I exclusively searched condominium homes in Bergen County,” Mr. Forbes points out. “A friend had purchased a home at The M and referred me to the sales office.
“After looking at other homes in Bergen County, I quickly realized The M was the best value I saw in the area. The condominiums were brand new and offered an open and spacious floorplan. I was also attracted to the location right off Route 4, the on-site parking and the available amenities, including the outdoor pool and one-year gym membership.”
The M at Englewood South’s address less than 12 miles to New York City and minutes from downtown Englewood where more than 300 stores and restaurants are available fully satisfied Mr. Forbes’s desire to be close to work and a city-inspired setting.
“I love the fact that it’s such easy access to New York City, especially considering I still commute to Midtown daily,” he continues. “Englewood itself has a great downtown, with nice restaurants and a lot for kids to do. I also feel that Englewood is an area that will see significant property value growth in the coming years.”
More than 60% of the condominium homes at The M at Englewood South are now sold thanks to its competitive pricing and ability to provide a variety of incentive and financing programs that open the door to homeownership for many first-time buyers. Available for a limited time, buyers can now receive $10,000 off the price of a one-bedroom home at The M at Englewood South and $20,000 off the price of a two-bedroom condominium.
The M at Englewood South also offers an innovative 97% financing plan that creates a down payment as low as $9,000. The programs are just two examples of how the community is bringing homeownership within reach to many young couples and single-professionals.
“The M is ideally suited to fit the lifestyle needs of active and vibrant professionals, couples and families and our special offers play a big role in providing them an avenue to enjoy all the advantages of condominium ownership here,” says Ellie Kim, Sales Manager for The Marketing Directors, the community’s exclusive marketing and sales agent for The M.
Priced from the low-$300,000s, the luxury residences range in size from 755 to 1,499 square feet and feature open living space, sumptuous bedrooms, state-of-the-art kitchens with maple cabinetry, under-counter lighting and granite countertops, large laundry areas with side-by-side General Electric washers and dryers, and large walk-in closets. There is also oak hardwood flooring throughout the living area and ceramic tile flooring in the entry hall and kitchen. A parking space in The M’s enclosed parking garage is included in the purchase price.
The ideal lifestyle at The M extends well beyond its homes. The community boasts a lively atmosphere created by recreational and social amenities including a sparkling outdoor pool and a resident’s clubroom with a catering kitchen for large parties and entertaining. Residents also receive a one year membership at The Gym, a 40,000 SF state-of-the-art fitness center located at 20 Nordhoff Place.
Located at 1104 Riverview Avenue, The M offers homeowners a setting that blends key suburban conveniences with sought after urban appeal. Englewood’s dynamic downtown features an eclectic offering of upscale shops and boutiques and more than forty fine restaurants and eateries. Major brand name shops can be found at the nearby Garden State Plaza, while the Bergen Performance Arts Center in Englewood features nearly 150 world class performances yearly, ranging from Rock and Classical music to comedy and dance performances.
The community is also a commuter’s dream. The M is minutes from Route 4 with access to the George Washington Bridge and Manhattan. For those wishing to use public transportation, shuttle service is provided from the community to the nearby NJ Transit bus stop which offers convenient service into New York City.
For more information on The M at Englewood South and to view our new fully-furnished model homes, visit www.LiveAtTheM.com or call The Marketing Directors at 201-982-7306.