What New Jersey law means for a sale
- Tenants usually stay. New Jersey’s Anti-Eviction Act generally requires “good cause” to remove a residential tenant, and selling the property is usually not one of the listed causes (there are limited exceptions, such as certain small owner-occupied buildings).
- Leases transfer. The buyer takes the property subject to existing leases.
- Security deposits transfer. Under the NJ Security Deposit Act, deposits (with interest) go to the new owner, and tenants are notified. We handle this at closing.
- Newer requirements. Many rental units built before 1978 now need a lead-safe certification under New Jersey law, and some towns have their own rental registration, inspection, or rent control rules.
Why many landlords sell to an investor
- Selling with tenants on a traditional listing can be hard: showings require notice, and many owner-occupant buyers want a vacant house.
- We buy occupied buildings as-is — late rent, lease issues, deferred maintenance and all — and take over the landlord role at closing.
Frequently asked questions
Do you buy multi-family buildings?
Yes — two-family through small apartment buildings, occupied or vacant.
My tenant hasn’t paid in months. Can I still sell?
Yes. Let us know the status of any court case, and we’ll account for it.
Where we buy
Cliffwood Beach · Old Bridge · Aberdeen · Lakewood · Toms River · Jackson · Howell · Brick · Freehold · Middletown · Keyport · Long Branch · Asbury Park · Neptune · Manchester
This page is general information about New Jersey processes, not legal or tax advice. Rules change and every situation is different — consult a New Jersey attorney, accountant, or HUD-approved housing counselor about your specific circumstances.