Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 6 years ago on . Most recent reply

User Stats

22
Posts
2
Votes
Sean Fisher
  • Real Estate Investor
  • manasquan, NJ
2
Votes |
22
Posts

NJ state green card registration

Sean Fisher
  • Real Estate Investor
  • manasquan, NJ
Posted

Hello All,

I am currently looking at a property in New Jersey. The seller has owned it for 30 years.  It is 1 commercial space and 3 apartments.  I asked him if he had a current green card. He said it’s not necessary because it’s considered commercial and commercial inspected by township.

Does anyone have experience with this?

Thankyou

Most Popular Reply

User Stats

1,369
Posts
1,762
Votes
Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
1,762
Votes |
1,369
Posts
Patrick M.
  • Rental Property Investor
  • Red Bank, NJ
Replied

I have a neighboring building which is set up the same way. The owner is a lawyer who believes he has gamed the system by claiming much the same thing. But he knows he is 100% in violation- as is the owner of the building you are looking to buy.

He should be registered with the NJ Dept of Community Affairs and subject to the 5 year inspections.

My neighbor's would be shut down in a heart beat. In this town you can't build downtown without the 1st floor being commercial- would be a huge loophole if it were true- which it isn't.

Loading replies...