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Updated almost 11 years ago on . Most recent reply

User Stats

88
Posts
7
Votes
Mina G.
  • Rental Property Investor
  • Jersey City, NJ
7
Votes |
88
Posts

Finished room in basement & bathroom

Mina G.
  • Rental Property Investor
  • Jersey City, NJ
Posted

I'm currently looking to purchase a property and it has a fully finished basement.

The basement has 1 bathroom and 1 room.

If I were to buy this property and rent out the 1st floor apartment which is 2 bedroom 1 bath. Can I advertise it as 3 bedroom, 2 bathrooms? and legally allow the 1st floor tenants to use the bedroom and bathroom in the basement?

Most Popular Reply

User Stats

29
Posts
6
Votes
Mark Houghton
  • Investor
  • Guttenberg, NJ
6
Votes |
29
Posts
Mark Houghton
  • Investor
  • Guttenberg, NJ
Replied

I'm licensed as a real estate agent in NJ and as far as I know you can not market it as a legal bedroom if there is no access to the outdoors from the basement itself, i.e: a walk out basement or bilco door.

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