Seller Notes:Ownership is for ROVCA Inc. (Resort Owners Vacation Club Association)
which is located at Minerals Resort & Spa in Vernon, NJ.
Floating Weeks: 1-52 (High Season)
Next use: 2024
ROVCA/Northeast Vacation Club Points: 157
Per the resort there are currently 157 points from 2023 available. On
October 1st, 2024 an additional 157 points will be accrued, for a total
of 314.
Anniversary: October 1st
Unit size varies depending on number points used.
Maintenance fees 2024: $1,629.29
Property taxes billed separately: $105.02 per week
Check-in Day: Any
*Closing costs and transfer fees are to be paid by the buyer*
*Buyer to pay maintenance fees for first year of usage*
Per the owner:
When we purchased our time share back in 1998, our favorite part was the
ski package and access to the slopes.
Because we purchased the high season it made it very easy to make
exchanges to other resorts.
We have used the exchange program to go to Disney, St. Lucia, Aruba, Palm
Springs, Cancun and Historical Williamsburg, just to name a few.
Take advantage of our offer and have the opportunity to visit the world!
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$0
Annual Dues
$1629
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
Recalculate >
Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
Recalculate >
VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.