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Apartments in New Jersey Close to NYC for Less Than $1,000 per Month

Strange as it may sound, today renters can find affordable living near New York City if they know where to look for these rare urban gems.

Here are 5 tips to help you find the right space for the right price.

1. Sublet

When someone who’s locked into a lease unexpectedly needs to move before the lease is up, that person may need someone reliable to move in and pick up the costs. You’ll have a better chance of finding a suitable sublet if you’re flexible with location and living arrangements. Remember, good sublet opportunities go fast and if you find one, don’t hesitate. Be prepared with a down payment and solid references.

2.  Share the space

Maybe you don’t want to share your space, but if sharing helps you stretch your budget, it’s something you may have to consider. In the best case scenario, you’ll end up with more space for less money and maybe even some new friends. But sometimes sharing is the only way to afford living near the city, so it’s a gamble you might have to take.

3.  Rent Controlled

Rent controlled apartments under $1,000/month are out there, but rarely are they ever advertised. More often, they’re something you inherit. Since they are such incredible deals, they rarely come vacant. And when they do, it’s really who you know that determines your chances of landing one. Some places have waiting lists, but the wait can be long so allow yourself enough time if you plan to attempt this route.

4.  Negotiate

With supply outpacing demand, some landlords are willing to negotiate. You won’t know which ones are and which ones aren’t until you ask for some concession on the rent. Some landlords are experimenting with free rent, reduced rent and more to help fill their vacancies.

5.  Work with a property manager

No doubt the internet is a great resource when you’re trying to find an affordable apartment close to NYC. But for all its speed and convenience, trying to find someplace to live will still consume much of your time and energy. If you think working with a full-service real estate company like Jyson Properties (www.jysonproperties.com) is a luxury you can’t afford, think again.

Jyson Properties will learn exactly what you need and won’t waste your time showing you places that aren’t right. And believe it or not, some will do this at absolutely no cost to you. Plus, they’ll handle the paperwork and the negotiations. It sounds too good to be true, but all you have to do is find a company that gets paid by landlords and building owners to find suitable tenants.

If you want free, professional assistance finding an affordable apartment near NYC for under $1,000 per month, contact ssteiner@jysonproperties.com

About the Author

Jyson is a unique boutique real estate firm that combines years of professional real estate buying and selling, investment, construction, renovation and property management experience in both residential property and commercial property in Northern New Jersey. We offer a rare combination of professionalism and high level of personal service; sophisticated yet practical.

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