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Updated over 1 year ago,

User Stats

6
Posts
2
Votes
Joon Hui Yoon
2
Votes |
6
Posts

investing a property in POR zoning

Joon Hui Yoon
Posted

Hi all,

I am looking at a property in POR (Professional Office Residential) zoning, in central NJ. It has an office space in the first floor and residential space in 2nd and 3rd floors. I have the following questions:

1. Is it possible for us to use the office space and rent out the residential units, preferably mid-term rental? 

2. do I need to ask for a permit for this strategy? 

3. can I get a conventional mortgage on this property?

I asked these questions to several brokers/agents but nobody replied so I will appreciate any of your help/advice.

thank you in advance.

Best,

Joon

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