General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

Landlord occupying finished basement or attic
Is legal for an landlord to live in a finished attic or basement and rent the 1st and 2nd floor of a 2 family house in NJ?
If so, whenever the landlord has to use a physical address, how will the address be listed if tenant is on 1st floor and the basement isn't an apartment?
How will the issue with not being able to have Wifi installed in the basement or attic separately because it's not an apartment be handled?
In my search for a multi-family home I am seeing more landlords who actually live in a finished attic or finished basement. It is something I am contemplating because my search for a 3-4 Unit is long and tedious
Most Popular Reply

@Quashema Watkins
That’s really strange . Sounds like a scary movie plot . Creepy old guy that came wIth the house living under the stairs and comes out at nIght ! Most of these are probably illegal units that have been added . I’d do my due diligence and be sure they are registered with the city to have such an arrangement . I hear this is common in places like nj and ny