Updated over 2 years ago on . Most recent reply
Rent by the room- South Jersey
Hello,
I am in process of purchasing a rehab project. It's a big 2000 square feet house, currently set up as 4/2 but can be easily converted into 5/3 or 6/3. I originally was planning to flip it but the house it on a busy street, surrounded by commercial properties. The house is zone as B- residential and commercial. I looked into making it a triplex, but the township advised this could be a tough climb since it's a B zone. I then thought about rent by the room strategy. The location and size of the house is perfect for that, but I am not sure about the law and restrictions for that. Would I still have to apply for a special zoning? How difficult is to get approved for that, anyone has any experience with this strategy in south jersey? Padsplit doesn't operate here in my area.