Rezoning single family home to multifamily home

[Johnathan Boyle]

I have a property in Belleville, NJ that I am acquiring via short sale. Homes in the town of Belleville usually are sold via short sale near market value or slightly below. (Not enough to make numbers work). Therefore, if the bank does not accept my offer at the price needed for my rehab, I am SOL. I did find out however that it could be, based on zoning map, switched to a multifamily from a single family. The ARV as a single family would be approx. $300k (that I am not 100% sure about, it may be lower), but as a multi, the ARV could be approx. $350k- $375k (I am extremely confident on that, and could be higher) Overall, with that, the numbers will work. Now, my question is does anyone have experience with rezoning homes in the area and what are the steps to it? How much does it cost? Anything I am missing? etc? Thank you.