I saw this community. The model homes look good, but the prices are ridiculously high for the location. It neither has any train station within walking distance, nor a convenient bus transportation , nor good schools equivalent to North Edison. The so called bus service runs every ONE hour and that too from a bus stop on the main road, after 10 minutes walk. If you stay here, you will have to drive to Metuchen ot Metropark station to park your car, and remember, parking is NOT available for months on these stations. Their sales are going pathetically slow, because of horrible prices. I think the builder is still living in total denial of the market situation. They are offering 6 months mortgage payment and 50,000 $ free furnishings for all other locations except New Jersey. Hope they open their eyes soon and sense prevails on them.
The so called "All you want" Townhomes worth half a million does not even have a Microwave !!! Can you believe this. The community has a small pool and a basket ball court (still in construction stage for months), and NOT even a Tennis Court.
The community raised the monthly maintenence by 50% in after just 6 months after sale of Phase 1 homes. What a blatant rip-off. Internal roads are in bad shape, grass is poorly maintained. Not sure for what are they asking this big money for. These units will be an extremely bad investment in current market.
I think if they want to sell, they have to reduce prices by at least 25 %.
Because of NEW construction, Property taxes for Condos are as high as 6,500 $ and as high as $9,500 for Townhomes................... PREPOSTEROUS .. when you get brand new single family homes in its vicinity for 25% less and of with 50% more space. This is a TOTAL LOSS proposition.
Wake up Lennar !! Thanks to naive Asian Indians, who are still buying their properties at stupid prices just because its new !! - Tue Apr 29 2008, 11:58
I saw this community. The model homes look good, but the prices are ridiculously high for the location. It neither has any train station within walking distance, nor a convenient bus transportation , nor good schools equivalent to North Edison. The so called bus service runs every ONE hour and that too from a bus stop on the main road, after 10 minutes walk. If you stay here, you will have to drive to Metuchen ot Metropark station to park your car, and remember, parking is NOT available for months on these stations. Their sales are going pathetically slow, because of horrible prices. I think the builder is still living in total denial of the market situation. They are offering 6 months mortgage payment and 50,000 $ free furnishings for all other locations except New Jersey. Hope they open their eyes soon and sense prevails on them.
The so called "All you want" Townhomes worth half a million does not even have a Microwave !!! Can you believe this. The community has a small pool and a basket ball court (still in construction stage for months), and NOT even a Tennis Court.
The community raised the monthly maintenence by 50% in after just 6 months after sale of Phase 1 homes. What a blatant rip-off. Internal roads are in bad shape, grass is poorly maintained. Not sure for what are they asking this big money for. These units will be an extremely bad investment in current market.
I think if they want to sell, they have to reduce prices by at least 25 %.
Because of NEW construction, Property taxes for Condos are as high as 6,500 $ and as high as $9,500 for Townhomes................... PREPOSTEROUS .. when you get brand new single family homes in its vicinity for 25% less and of with 50% more space. This is a TOTAL LOSS proposition.
Wake up Lennar !! Thanks to naive Asian Indians, who are still buying their properties at stupid prices just because its new !! - Tue Apr 29 2008, 11:45
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