Why a Reserve Study Is Essential for Your NJ Community Association
At Lockatong, we understand the importance of long-term financial planning for community associations, HOAs, and condominium boards across New Jersey. One of the most vital tools in that planning process is a reserve study—a detailed report that helps comm unities budget for the repair and replacement of major common area components. If you're a property manager or board member looking for a reserve study in NJ, Lockatong is your trusted partner. With decades of experience serving clients throughout the state, we provide professional, accurate, and easy-to-understand reserve studies th at help associations make informed financial decisions. A New Jersey reserve study is more than just a spreadsheet of numbers. It’s a strategic document that includes a physical inspection of your property’s assets, a financial analysis of your reserve fund, and a funding plan to avoid future special assessment s or deferred maintenance. Whether you're a new community or an established associa...