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Updated about 7 years ago on . Most recent reply

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Christopher Castiglia
  • Edison, NJ
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Elizabeth, NJ Analysis

Christopher Castiglia
  • Edison, NJ
Posted

Hello BP Community,

I am a first time poster, and excited to start connecting with some other investors!

Currently, I am analyzing small multifamily properties in Elizabeth, NJ (particularly northern Elizabeth where the neighborhood is a bit nicer), and striving to house hack by living in one of the units and renting the others.  I am searching for insight on some average costs I might expect in the following categories:

1. Water

2. Sewage

3. Garbage

4. Snow Removal

5. Lawn Care

6. CapEx (I recognize this one could be particularly tough, but any advice would be helpful!)

P.S. I am very green (looking to invest in my first property), so please excuse me if any of these are obvious questions.

Thank you in advance for the assistance!

-CJ

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