A-typical MFH in NJ: Need Advice

[Derek Lamonde]

Hi BP, 

The scenario is a first for me, but I am very attracted to the numbers, e.g. Cap over 10%, A area, B property, etc. Here's the rub, it's two houses on one lot. So any future sale involves someone that wants two houses on a single lot, which I can see scenarios like in-laws and/or investors big on cap like me, but that limits potential buyers to a particular demographic and I also feel like it constrains appreciation. I'm having a hard time even figuring out comps because you don't find many houses in any given area sharing a lot. So do I combine the number of bathrooms and bedrooms to compare to single homes or do I assess each house on the property against a comparable single house and multiply by 2?

I'd love to hear some thoughts on this....