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All Forum Posts by: Christopher Mayer

Christopher Mayer has started 1 posts and replied 2 times.

New Jersey Real Estate Q&A Discussion Forum

Post: Legal Advice on Owner Occupied MultiFamily

Christopher MayerPosted
  • Posts 2
  • Votes 0

Thank you everyone for the advice. I appreciate the guidance and will review the costs to make it a legal unit with the town. I have a feeling that the taxes would jump significantly, not to mention the zoning in the area only allows for 2 family dwellings. I'm not sure how flexible municipalities can be with regards to this type of variance. 

0 Votes
New Jersey Real Estate Q&A Discussion Forum

Post: Legal Advice on Owner Occupied MultiFamily

Christopher MayerPosted
  • Posts 2
  • Votes 0

I am a NJ investor, relatively green, and am looking for guidance. Is it legal, as the owner, to occupy a renovated attic space in a multi family property that is not a classified as a unit? 

Both classified units have been renovated and I am looking to have tenants. There is an additional bonus space in the attic complete with bathroom and kitchen. All utilities for the bonus space are separated on the house meters. I was lead to believe that this type of set up was legal, however I would like to confirm whether or not the situation is legal. 

Please advise....

0 Votes