5 Reasons to Rent an Apartment Complex vs. Private Property in Jersey City
New Jersey welcomes out-of-state residents each year. In fact, the U.S. 2020 Census Bureau shows that 2.4% of the Hudson County residents (the county geographically closest to New York City) lived in a different state prior to moving to New Jersey. That’s higher than the state’s 1.7% overall average of out-of-towners. It’s no surprise too, as Jersey City experienced a boom in demand for cultural and food-oriented business as New York City dwellers found more reasons to migrate to the downtown and Journal Square areas.
Given the Jersey City population uptick and the increasing number of options available for residence, renters no longer have to choose between comfort and affordability. Easy access to transportation and nice amenities are paired with reasonable rent prices, thanks to the massive construction of Jersey City luxury apartments complexes over the last several years.
If you’ve relocated from out-of-state, or a NYC resident looking to save money, let us shed some light between the choice of renting in an apartment complex or a private residence with 5 reasons to choose the former.
Fewer Fees
Renting from a leasing office typically translates into no broker fees. With a dedicated staff available for viewings, you’ll speak with an employee who understands the apartment units’ full amenities. This is a great cost-saving measure, especially given the average out-of-state moving cost is $4,326.
Unlike leasing offices, individual realtors showing apartments on behalf of their landlord clients, amounting to a fee for their time. This fee falls typically between 1 month to 1 ½ months of your rent. This is less money in your pocket to spend on furniture and décor.
Gorgeous New Amenities
Given the recent boom in housing construction within Jersey City, a new complex is fewer than a decade old. Most, if not all, new Jersey City apartment complexes offer in-unit washers and dryers, up-to-code building standards, with modernized fire alarm systems and great window and wall insulation.
While Jersey City is home to some gorgeous brownstone residences, many of these historic buildings are over one hundred years old. Not surprisingly, these buildings are susceptible to leaks, poor insulation, electrical problems, and basement floods. In contrast, the Journal Square region offers apartments for rent from modern buildings with all the luxury amenities at affordable rates.
Shared Indoor and Outdoor spaces
If you’re looking to host a socially-distanced event with close family or friends while the nation races to get vaccinated, Journal Square apartments have outdoor spaces available to schedule use of shared BBQs and comfortable seating. With the summer months on the horizon, this is a home-based escape with opportunities to change the scenery in a safe environment.
Like shared outdoor spaces, shared indoor co-working spaces have become increasingly popular thanks to the work-from-home movement. With free WIFI, comfortable seating, and conference call devices available, you now have the option to leave your apartment and take private calls with a professional backdrop right in your own building.
Needless to say, it would be challenging to find these options available in a private residence.
Easy Maintenance and No-Contractor Contact
No one enjoys waiting around for a contractor to arrive to fix the dishwasher or light fixture. That’s why a dedicated maintenance staff through a management office is a convenience itself.
Many times, newer buildings will offer a digital code locking feature, which allows you and the management office entry into your unit in the event of an emergency. With this option, maintenance staff can simply enter your unit to carry out tasks while you’re out.
Discounted Rent & Extended Leasing Options
Because of the vast number of options renters have, Jersey City and Journal Square leasing offices are keen to get new residents quickly. In exchange for a longer lease, you may be presented with an option to sign on for a discounted rate. For example, MRK is running a limited time offer for 2 months of rent free living in exchange for a 14-month lease.
If you’ve relocated from another state or from across the Hudson River, renting a Jersey City apartment offers all the above benefits, allowing you to focus on the town (and not new apartment issues). Learn more about amenities available in a Jersey City luxury apartment.
Check out MRK Journal Square, showing 1-2 bedrooms at $2,043. Questions? Email mrk@cmpnd.com or call (201) 448-9569 for more information.