Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

19
Posts
4
Votes
Patrick Ma
  • Investor
  • Sugar Land, TX
4
Votes |
19
Posts

Heat, Water, Sewage RUBS in West New York, NJ

Patrick Ma
  • Investor
  • Sugar Land, TX
Posted

Hi BP Community, 

Need your advice on the best approach here on implementing Ratio Utility Billing in my 3 family property in West New York, NJ.  The building has a single furnace as well as water meter.  Upon signing a new lease with tenants to have them pay a straight 1/3 of the heat bill, I was quickly referred to the Rent Control Board and the Town Code/Ordinance 312-10,11(https://ecode360.com/7058058).  Even though there is no conversion being done, seems like they still want me to supply documents and pay for the application.  The most troubling seems to be section 11 where the rent would be reduced by the amount of the utility bill transferred to the tenant.  Anyone have experience with this?  Seems like this requirement applies to both water and heat but not sewage.  However, my agent tells me it is the current market norm to have tenants pay for heat but not water/sewage.  

Without much info from the Board except to read the code, I'm tempted to move forward with RUBS on Sewage only and leave the heat/water alone.  Any advice from your experience would be much appreciated.

Loading replies...