Cervelli Management Corp.

Cervelli Management Corp. Everything we do is focused on the ultimate goal of maximizing your cash flow and increasing the net value of their investments. From marketing to accounting to maintenance issues, we will develop a customized business plan for your property. We can save you TIME and MONEY!
Request a Free Quote Offices in multiple locations

Company Description

We understand that unit owners and residents make a substantial investment in their property and place high value on both the physical condition of the community and its financial well-being. To complete these objectives, Cervelli Management Corp. takes a proactive role and provides guidance to help maintain the high standards expected of the community. In essence, we act more as a long-term owner than as a temporary caretaker.

We can capitalize on the natural economies of scale that our business provides and use our buying power to run the association's business efficiently and profitably. Of equal importance is the ability to interface with the owners to provide a total customer focused experience for each owner. The product is cost effective service. The customer is the unit owner.

A partial list of our services

Customized programs for each client that provides the level of service that best suits that community. You don't have to 'fit into our box.' We can provide any combination of the following services:

Customer Service:

  • Field calls and inquires from Association members
  • Telephones are answered 24 hours a day / 365 days a year
  • Dispatching appropriate service vendor for call, when required
  • Follow up call to member with status/update
  • Property inspection to ensure compliance with documents
  • Warning letters to resolve infractions of covenants
  • Periodic reports to Board of all calls and letters
  • Owner relations, including service request management and complaint service management.

Administrative services:

  • Attendance at board meetings as required
  • Preparation for all materials for annual meeting of membership
  • Working with association's professionals as needed (legal counsel, CPA,Consulting Engineer & Insurance Agent)
  • Association correspondence.
  • Maintaining government required documentation.
  • Review of reserves and reserve studies.
  • Recruitment and hiring of Association staff
  • Insurance management, including policy review, negotiation and procurement, premium payment and claims management.
  • Inventory maintenance
  • Implement a purchase order procedure and spending limit with on-site staff
  • Enter into contracts for essential services to the property, such as snow removal extermination, utilities, etc
  • Report any violations found by government agencies to the owners;
  • Maintain a comprehensive system of records, books and accounts;
  • Creating New Ownership Records
  • Supplying all necessary office services to support your Association
  • Collection Letters
  • Initiation of the Lien Process

Accounting services:

  • Maintaining Association financial records
  • Collection of fees
  • Billing of maintenance fees
  • Monthly financial statements to Board
  • Statements to members & past due collection letters
  • Periodic review of reserve study
  • Receipt of invoices from vendors
  • Bank reconciliation
  • Preparation of materials necessary for annual audit
  • Daily bank deposits into a separate operating account for each property;
  • Pay all bills related to the operation of the site

Vendor relations:

  • Preparation of bid specifications to be sent to multiple vendors when various services are needed (Insurance, Construction, Professional services, etc)
  • Analysis of proposals for Board review (prices versus services provided)
  • Presentation to Board in simple, easy to understand format
  • Review of all contracts before presentation to Board
  • Ongoing review of contractor' performance
  • Ensure that all contractors maintain a valid certificate of insurance on file with our office
  • Addressing any Resident/Board, concerns with vendors
  • Contractor liaison, including bid process and analysis, service negotiation, project monitoring, and inspection.

If you would like more help or suggestions, feel free to contact at (201) 868-6300 or via email at: management@realestatenj.com

TESTIMONIALS:

“When Cervelli took over the management of my Association the physical condition of the property, the books and records, financial stability and our future were headed in the wrong direction. In a little more than a year, Cervelli, working closely with the Board of Directors, has turned the Association around.”

Barry C., Waterside Condominium Association

“As the President of Wincenter I can tell you that we have dealt with Cervelli Management Corp. for the last seven years. In these seven years I have found working with the staff of Cervelli to be very uncomplicated. The day -to -day operations of our Condo Association is conducted very smoothly. The staff is always very personal and responsible when it comes to matters of day- to –day business.”
Morris Ginsburg, Wincenter Condo Association
“We have been clients of Cervelli Management for 7 years. We have always found their services to be efficient and helpful.
We live in California, but our property is in New Jersey, so it’s essential that the service be prompt and sufficient.
They have been very dependable and trust worthy, keeping the property fully rented and in good repair.”
Gerald Lission
``The Cervelli Management team is always attentive and proactive to the needs of our Association. Although we are a small complex, our management team is always there for us. I happily recommend their management services.``
Raymond Hvizdos, Owner
“Since July 2008, Cervelli Management has effectively and efficiently managed my commercial properties in the Bronx, New York. They are responsive to all my tenants’ individual needs and are committed to maintaining the integrity of my properties.
Chris Cervelli and his management team are attentive to all aspects of managing my investments, from comprehensive budgeting and appropriation of funds to legal guidance. They pride themselves on excellence of service and the way their management division operates is reflective of their dedication to the investor.
I have found the Cervelli ream to be trustworthy and rely upon their assistance with decisions which affect my properties net worth. I am continually impressed with Mr. Cervelli’s attentiveness to the protection of my assets. It truly makes him a leader in the field of property management.”
Anthony DeGregoria, Owner

Quick Facts

  • In business under this name: 32 years
  • Company size: 10 to 20 employees (full time)
  • We manage the following property types:
    • Homeowners Association (2-49 units)
    • Homeowners Association (50-99 units)
    • Homeowners Association (over 100 units)
    • Condominium Association (2-49 units)
    • Condominium Association (50-99 units)
    • Condominium Association (over 100 units)
    • Multi-Family (2-4 units)
    • Multi-Family (5-19 units)
    • Multi-Family (20-99 units)
    • Multi-Family (over 100 units)
    • Office (under 9,999 sqft)
    • Office (10,000 - 125,000 sqft)
    • Office (over 125,000 sqft)
    • Retail (under 9,999 sqft)
    • Retail (10,000 - 125,000 sqft)
    • Retail (over 125,000 sqft)
    • Warehouse or Distribution (under 125,000 sqft)
    • Warehouse or Distribution (over 125,000 sqft)
    • Manufacturing (under 125,000 sqft)
    • Manufacturing (over 125,000 sqft)
    • Parking Garage ()
  • We manage properties in: