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Buying a lot and building a duplex/4plex in South Jersey

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Ty Martin
Real Estate Agent from Philadelphia, PA

posted over 3 years ago

Hi BP family!  I have an idea and am looking for some feedback.

I have been interested in finding house hacking opportunities (specifically multi-family units) in the South Jersey area.  Most MFH in our area aren't exactly what I'm looking for.

That being said, I've started to consider the idea of buying a lot that can be zoned for a multi and having a brand new duplex/4plex built on top of it.

Does anyone have any experience with this?  I'm curious to see what everyone thinks.  Thank you!

@Sebastian Kressley

@Antonina Cappello

@Lauren C.

@Julianne Capron

Julie Marquez
Investor from Seattle, WA

replied over 3 years ago
I've been looking into this scenario too. I've gotten pricing from spec builders and financing is straight forward. The only thing is that they are only building duplexes, not four because that gets into commercial building code. I'm interested in learning more too.

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