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Updated almost 11 years ago on . Most recent reply

User Stats

29
Posts
2
Votes
Steve R.
  • Real Estate Investor
  • NJ
2
Votes |
29
Posts

NJ Multifamily-Broker says 2 family Tax records show 3 family

Steve R.
  • Real Estate Investor
  • NJ
Posted

Hello,

I'm looking at a property in NJ and the broker is telling me it's a 2 family

but I check the tax records thru the city and they have it listed as a 3 family.

I'm assuming the city and tax records are correct.

I asked if there is a green card (5 year state inspection) and the broker said that is only applicable to 3 family+ properties.

If I buy the property and the state has not been inspecting the property, what is my responsibility?

I need to do the right thing but I also know it can be opening a can of worms.

Any thoughts?

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