Total Knockdown!

[Christie Duffy]

Good morning,

I have an opportunity to buy a home in a fantastic area in northern New Jersey! The house is a total knockdown. Perhaps it can be taken down to the studs and reconfigured at best. I'd like to build a very small two-family in the house's original footprint - 2,000 sq. ft. 4BD 2BA, plus an unfinished basement.

Anyone out there have experience doing something exactly like this? Trying to get a ballpark on construction costs. I realize this may differ from region to region - but perhaps there are some New Yorkers/New Jerseyans out there who can answer this. This is in a suburb of NYC.

Thank you!

[Joe Cantanzriti]

@Christie Duffy  Very much depends on the end product quality level.... as @Jim Adrian mentioned, $125 per SF has been a base number we've used for new construction though my experience is in the burbs, not urban Hoboken. For higher end finishing we've been in the $200-$250 per SF range on previous historic restoration projects when keeping the original structure & character of the property. Certainly going to need a local architect & General Contractor to put some pricing together for what you want on that one, there's lots of guys doing exactly that in the greater NYC market so I'm sure you'll be able to find one to assist. Hopefully one on BP will hop on here.