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
Insurance
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 almost 9 years ago on . Most recent reply

User Stats

162
Posts
102
Votes
Ro Maga
  • Newark, NJ
102
Votes |
162
Posts

Hazard insurance for NJ property next to abandoned home - HELP!

Ro Maga
  • Newark, NJ
Posted

Hello BP! I'm having a hard time getting hazard insurance for a newer property (a duplex) that unfortunately sits 3 feet away from a derelict, abandoned house. The city has finally foreclosed on the abandoned property and we hear it'll be auctioned this year, so there is hope that fire-hazard next door will be gone in the near future (the location is great). In the mean time, we need insurance so we can close on the duplex. The property is in North Newark. There's got to be somebody who is insuring the many properties siting next to all the boarded up homes throughout Essex County. Any suggestions? 

Could anybody recommend insurance companies and/or brokers that handle cases like this?

Most Popular Reply

User Stats

190
Posts
116
Votes
Ray Reed
  • Investor
  • Linden, NJ
116
Votes |
190
Posts
Ray Reed
  • Investor
  • Linden, NJ
Replied

Did you try Insurance Associates Plus in Union?  Ask for Bela Or Michelle. 

Loading replies...