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Updated over 4 years ago,

User Stats

4
Posts
0
Votes
Damola Adedeji
  • New to Real Estate
  • Burlington NJ
0
Votes |
4
Posts

Is a property really a triplex?

Damola Adedeji
  • New to Real Estate
  • Burlington NJ
Posted

I am a new real estate investor interested in my 1st property and ready to buy.

Identified a potential fixer upper that needs a lot of work. It is advertised as 3family(Unit 1 is 3bdr 1bath, Unit 2 is 1bdr 1bath and unit 3 is 1bdr 1bath). Numbers look good.


Visited the property and it is connected to another property(seperated by walls)


How do I verify if it is zoned as multifamily unit? Property is located in NJ

If it is NOT multifamily, what is the process to make it a 3family since I will be doing full scale renovation?

Is it worth going through that exercise for a 1st investment?

Thanks in advance

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