renting a garage separately south NJ
Member since 2025 · 5 posts · 0 votes
Hey everyone,
I recently bought a property and I’m considering renting out the garage separately. I wanted to see what people think would be a fair monthly rental rate and also where you’ve had success advertising spaces like this.
Details:
For those who have rented garage/workshop/storage space before:
Would appreciate any advice or experiences you guys have had with similar setups. Thanks!
@Steven Weidler - I have successfully rented a garage / workshop multiple times on Facebook marketplace with cross posting to some of the yardsale groups.
A one car garage goes for about $200-300. A 2 car garage may be $400-600/mo. I bought a property in 2021 and rented the 2 car garage for $600/mo right away and the same tenant is still in there. It had its own electric too and I wrote it almost like a “triple net” except I pay the property taxes, so he’s responsible for building maintenance, any snow removal, any utilities.
You will get a lot of inquiries that go nowhere so you have to make a cut and paste reply and I setup cameras and let people self tour without me meeting them in person.
It is always better to make them pay utilities or meter it somehow because it’s trivial to spend $200/mo on electric heaters in the winter or a/c in the summer. And if you included all electric then that’s an issue. Or if you included water and they leave the hose running.
My garage does not offer any access to bathroom facilities. I ask them to provide renters insurance with me named as additional interest with some liability coverage. I also ask them to register any other guests with me.
In another town the township sent me a code violation because the neighbors complained. So in many places if you’re residential zoned they can’t explicitly run a business out of it (and your homeowner rental insurance may not cover it)
@Steven Weidler - I have successfully rented a garage / workshop multiple times on Facebook marketplace with cross posting to some of the yardsale groups.
A one car garage goes for about $200-300. A 2 car garage may be $400-600/mo. I bought a property in 2021 and rented the 2 car garage for $600/mo right away and the same tenant is still in there. It had its own electric too and I wrote it almost like a “triple net” except I pay the property taxes, so he’s responsible for building maintenance, any snow removal, any utilities.
You will get a lot of inquiries that go nowhere so you have to make a cut and paste reply and I setup cameras and let people self tour without me meeting them in person.
It is always better to make them pay utilities or meter it somehow because it’s trivial to spend $200/mo on electric heaters in the winter or a/c in the summer. And if you included all electric then that’s an issue. Or if you included water and they leave the hose running.
My garage does not offer any access to bathroom facilities. I ask them to provide renters insurance with me named as additional interest with some liability coverage. I also ask them to register any other guests with me.
In another town the township sent me a code violation because the neighbors complained. So in many places if you’re residential zoned they can’t explicitly run a business out of it (and your homeowner rental insurance may not cover it)
Natalie- What a Awesome response. I appreciate it a ton and will certainly take that guidance. Appreciate you!