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Roy Furbert
  • Rental Property Investor
  • Newark nj
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3 family actually a 2 family after purchase

Roy Furbert
  • Rental Property Investor
  • Newark nj
Posted

I bought a 3 family house and come to find out, after closing it is actually a 2 family as per zoning. What should I do?

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Jeremy Horton#3 Buying & Selling Real Estate Contributor
  • Rental Property Investor
  • Somewhere over the Rainbow
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Jeremy Horton#3 Buying & Selling Real Estate Contributor
  • Rental Property Investor
  • Somewhere over the Rainbow
Replied

The fact that they tried to zone it for a 3 family and it was denied (while the property was in escrow) is a giveaway that this was intentional as well. And it proves they knew it was a 2 family and falsely advertised. 

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