Ownership is for ROVCA Inc. (Resort Owners Vacation Club Association) which is located at Minerals Resort & Spa in Vernon, NJ.Floating Weeks: 1-52Next use: 2025ROVCA/Northeast Vacation Club Points: 144Points are awarded August 1 annually.Per the owner, there are 55 banked points from 2023 available which must be used by July 31, 2025.There are 144 points available from the 2024 use year. These points must be used by July 31, 2025 or banked by March 31, 2025 if not used.On August 1, 2025, 144 additional points will be awarded for the 2025 use year.Unit size varies depending on number points used.Maintenance fees 2025: $1,505.752023 and 2024 maintenance fees have already been paid by the seller.Property taxes billed separately. Property taxes 2023: $76.23Check-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:Owners can contact Interval International for information on membership and exchanging home resort points for travel to other resorts like Aruba, Paris, or Vermont!!Minerals Resort Spa is located approximately 1 hour from NYC and offers many amenities including but not limited to Robert Trent Jones Golf course, fitness center, wilderness recreation with lake and cabin units instead of a condo it is a natures lover's dream! Adjacent to mountain creek ski/snowboard park and water park. Restaurant and indoor outdoor pool with bar and jacuzzis etc! I recommend checking the resort's website for calendar of events for people of all ages.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$2000.00
Annual Dues
$1506.00
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.