Single to Multifamily Potential Conversion

[Michael Kovacs]

Hi All,

Looking at a SF home in New Jersey with Multifamily potential based on the layout.

- Basement/ground level (half is underground since it is on a hill) has separate entrance, kitchen, full bath and living space but I don’t know if it is legal, I requested the permit history from the town

- First level would just need a shower to add to the current 1/2 bath

- Stairs to the second level are directly in front of the entrance door so it would be simple to make a separate entrance to first/second level. Second level needs a kitchen has a full bath

Currently zoned for single family only, would need a variance to convert. It has so much potential but I feel like there are a lot of road blocks to make it legal. Any suggestions or experience with something similar in the past? I only saw the property just yesterday and in this market need to move fast. I want to finally make my first investment purchase!