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Updated almost 8 years ago on . Most recent reply

User Stats

64
Posts
49
Votes
Sunny Shakhawala
  • Parsippany, NJ
49
Votes |
64
Posts

Northeast New Jersey House Hacking

Sunny Shakhawala
  • Parsippany, NJ
Posted

Hey Everyone,

This topic has been explored before, but I'm hoping to make some connections out of this post.

Basically, I'm trying to use my first home loan as a house hack in Northeast NJ. 

I do business in Riverdale & Pine Brook. My wife works in Secaucus.

Ideally we can find a 4-family home in the Little Falls area. (West of Route 3).

This includes towns in Passaic County like: Clifton, Woodland Park, Totowa, Wayne, & Haledon.

I can also explore a few towns in Essex County: West Orange, Verona, Fairfield, & The Caldwells.

If there are any realtors out there that specialize in Small MF (2-4 Units) and can send some listings my way, I'd love to take a look at them.

Here's what I'm looking for:

  • 4 Units: 8-12 Beds, 4-8 Baths
  • Separate utility in place or opportunity to convert
  • 3 floors maximum (2 floors preferable)
  • Off Street Parking (4 - 8 spots)
  • Cost + Rehab = 400K or Less

This is my first post on BP so play nice. I realize this might be an unrealistic ask, but my network of realtors is limited to cousins who do it part time, at best, and the guy who sold my parent's their home back in 2001.

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