New Jersey
Property Management,
Perfected.

Key TakeawaysBuild your budget based on net level numbers, not gross rent. Budget for New Jersey’s high property tax, confirm your bill, and prepare for potential changes.Compare insurance policies, including flood coverage if relevant, and utilize reserves for capital repairs, vacancy, turnovers and emergencies to ensure you’re always prepared.Consider local expenses, such as compliance and licensing costs and snow removal.Rent is the number everyone sees, but operating costs decide ...

Key TakeawaysNew Jersey requires "just cause" to evict under the Anti-Eviction Act, and nonpayment of rent must be preceded by a three-day Notice to Quit before court filing.The eviction process typically takes three to six months from notice to lockout, with court costs, attorney fees, and sheriff fees adding $1,500 to $3,000 or more to the total cost.Self-help evictions are illegal in New Jersey; landlords must obtain a court judgment and work with the county sheriff to enforce lockout.Str...