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Updated almost 4 years ago on . Most recent reply

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Sean Hefferon
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COAH deed restricted properties in NJ

Sean Hefferon
Posted

Hello all,

I'm fairly new to real estate investing. I currently have two townhouses that I rent, but I'm looking to expand into multi families to avoid more HOA fees. A property I'm currently looking at is COAH deed restricted which controls the rent increase. Does anyone have any more information on this? Such as is the future sale price also restricted? Does the state get a % next of the sale? Thanks in advance for any help!

-Sean 

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