Condominium Purchase and Sale Attorney Serving New Jersey

New Jersey has one of the largest condominium markets on the East Coast, with developments ranging from Hudson County high-rises overlooking the Manhattan skyline to shore communities along the Jersey Shore, suburban townhome-style condos in Bergen, Essex, and Morris counties, and age-restricted communities throughout the state. Buying a New Jersey condo means receiving a deed to your unit and an undivided interest in common elements, governed by the New Jersey Condominium Act rather than New York law.

New Jersey condo transactions include a three-business-day attorney review period, during which your attorney can cancel or modify the contract. Beyond attorney review, the process involves public offering statement analysis (the New Jersey equivalent of an offering plan), title search, lien examination, mortgage coordination, and a closing typically conducted at a title company. Each stage involves New Jersey-specific requirements that differ from New York practice.

At Agarunov Law Firm, P.C., we are licensed in both New Jersey and New York and handle condo transactions throughout the state. Our Englewood office at 285 Grand Avenue is conveniently located at 285 Grand Avenue in Englewood, NJ, with a second office at 30 Broad Street in Manhattan's Financial District. Schedule a free consultation to discuss your New Jersey condominium purchase or sale.

Our New Jersey Condo Legal Services

Attorney Review for New Jersey Condo Purchases

New Jersey's attorney review period gives buyers three business days after contract execution to have their attorney cancel or modify the agreement. We use this window to negotiate financing contingencies, inspection provisions, repair credits, closing timeline adjustments, and any other terms that protect your position. Once attorney review expires without cancellation, the contract is binding, making this period the most important negotiation stage in a New Jersey transaction.

Public Offering Statement Review for NJ Condos

Under the New Jersey Condominium Act, buyers are entitled to receive the public offering statement (POS), which functions similarly to a New York offering plan. The POS contains the master deed, bylaws, projected budget, and other governing documents. We analyze the financial projections, common charge allocation methodology, reserve fund adequacy, developer's obligations, and any restrictions that could affect your use of the unit. New construction buyers also receive a seven-day rescission period after receiving the POS.

Title Search and Insurance for New Jersey Condos

We coordinate the title search and review the commitment for liens, judgments, open permits, tax delinquencies, and other encumbrances. New Jersey title customs differ from New York in several respects: the seller customarily pays for the buyer's owner's title insurance policy, closings are typically held at the title company's office, and the title company plays a more central role in the closing process. We work with the title company to resolve any defects identified in the search.

Estimating your New Jersey condo closing costs? NJ closing costs differ from New York. No mortgage recording tax or mansion tax, but the realty transfer fee and NJ-specific charges apply.

Condo Closing Representation in New Jersey

New Jersey condo closings typically take place at the title company's office rather than at an attorney's conference room. We attend every closing, review the settlement statement, verify deed accuracy, confirm all financial calculations including the New Jersey realty transfer fee, and ensure that clear title passes to the buyer. Our familiarity with New Jersey closing procedures ensures nothing is overlooked.

New Construction Condo Purchases in New Jersey

New Jersey has active condo development in multiple markets: Jersey City and Hoboken continue to add high-rise inventory, suburban communities in Bergen and Essex counties see townhome-style condo projects, and the Jersey Shore market includes both new construction and conversions. New construction purchases involve developer-drafted contracts, public offering statements that may be amended during construction, and additional protections under the New Jersey Planned Real Estate Development Full Disclosure Act. We review developer obligations, warranty provisions, and completion timelines to protect your interests.

New Jersey Condo Sales Representation

For New Jersey condo sellers, we prepare or review the purchase contract, coordinate with the condominium association on resale documentation (including the resale certificate required by NJ law), manage title clearance, and attend closing. The association must provide a resale certificate within 10 business days of the request, and the information it contains can affect the transaction.

What You Should Know About New Jersey Condos

New Jersey's condo market is geographically diverse and governed by state-specific regulations that differ from New York in important ways. The New Jersey Condominium Act and the Planned Real Estate Development Full Disclosure Act provide buyer protections including the right to receive a public offering statement, a seven-day rescission period for new construction, and requirements around reserve fund contributions. Closing customs also differ: the seller typically pays for the buyer's title insurance policy, closings are held at title company offices, and the realty transfer fee replaces New York's transfer tax structure. For buyers relocating from New York, understanding these differences prevents costly assumptions. Common charge structures, association governance, and developer obligations are all governed by New Jersey law and may not mirror what you are accustomed to from across the river.

Why New Jersey Condo Buyers and Sellers Choose Agarunov Law Firm

  • Dual-state licensing: admitted to practice in both New Jersey and New York, critical for clients with cross-border interests
  • Englewood office: our Bergen County location at 285 Grand Avenue serves North Jersey clients directly
  • Direct attorney access: your condominium transaction is personally managed by a licensed attorney
  • New construction experience: thorough review of public offering statements, developer contracts, and warranty provisions
  • Responsive communication: all calls and emails receive a same-day response

Need a Condo Lawyer in New Jersey?

Schedule a free consultation with our experienced real estate attorneys today.

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