Multifamily Investing

East Orange sits below $350,000 median in a county where Montclair and Short Hills price above $800,000. That gap is exactly why investors keep circling back here. But East Orange has a rule most out-of-town buyers miss entirely, and it changes the math on every 4-plus unit deal. The Rent Control Rule You Need to Know East Orange has a local rent control ordinance administered by its own Rent Control Board. It applies to buildings with 4 or more rental units. The allowable an

Irvington is one of the few towns left in Essex County where a two to four unit building still trades under $500,000. That gap is closing fast. Understanding why it exists, and what it means for your return, matters before you write an offer. Market Snapshot Duplexes and small multifamily conversions make up nearly 40 percent of Irvington's total housing stock, the single most common property type in the township. Median home values have appreciated roughly 12 percent over th

Most offers on Newark multi family fall apart for one reason. The buyer ran the seller's numbers instead of their own. The asking price comes with a story. The real return comes from underwriting the building yourself, line by line, before you write the offer. Here is how I walk through a 2 to 4 unit deal in Newark. Real rents, full reserves, local risk priced in, and an offer built from your return, not their ask.