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New Jersey Real Estate Q&A Discussion Forum
HomeForumsNew Jersey Real Estate Q&A Discussion ForumIncreasing Rent in Passaic, NJ
Dalwin Garcia's profile image
Dalwin Garcia's profile image
Dalwin Garcia
  • Rental Property Investor
  • from Lyndhurst, NJ
  • Member since Feb 10, 2017
  • Posts 47
  • Votes 13
  • Experience 9 Yrs
  • Investments 10
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User Stats

47
Posts
13
Votes
Dalwin Garcia's profile image
Dalwin Garcia's profile image
Dalwin Garcia
  • Rental Property Investor
  • from Lyndhurst, NJ
  • Member since Feb 10, 2017
  • Posts 47
  • Votes 13
  • Experience 9 Yrs
  • Investments 10
Connect
Dalwin Garcia
  • Rental Property Investor
  • Lyndhurst, NJ
13
Votes |
47
Posts
New Jersey Real Estate Q&A Discussion Forum

Increasing Rent in Passaic, NJ

Dalwin Garcia
  • Rental Property Investor
  • Lyndhurst, NJ
Posted Feb 15 2017, 08:17

Good morning BP NJ!

I currently own 3 two-family properties in Passaic, NJ. I've never increased the rent on my tenants, but I'm thinking of implementing this strategy starting this year. Can anyone help me understand how rent increases work in our state? Is there a certain dollar amount? Percentage? Am I allowed to raise their rent without having done any renovations/improvements to the apartment?

Any help would be greatly appreciated!

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