Tenant stopped paying and the eviction calendar is months out?
Call or text (973) 520-0243. We buy occupied.
Sell your New Jersey rental property with tenants in place. You don't have to evict anyone.
Paying, not paying, month-to-month, inherited with the building. We buy two-families, three-families and single-family rentals across NJ as-is, take over the lease at closing, and deal with the tenant relationship ourselves. Written offer in 24 hours.
- Tenants stay; we take over the lease
- No need to give notice or evict first
- Unpermitted units and violations OK
- Security deposits transfer at closing
You'll deal with Peter, not a call center. Peter owns rentals in Passaic and Bergen counties and has bought dozens of occupied buildings. He knows NJ tenant law well enough to price a difficult tenant honestly instead of walking away. About Peter
Get an offer on your rental
Occupied or vacant. Offer within 24 hours.
Why landlords in New Jersey sell to us instead of listing
New Jersey is one of the most tenant-protective states in the country. That's good policy and a real problem when you want out.
Evictions take a long time. Nonpayment cases in landlord-tenant court routinely take months from filing to lockout, and a tenant who knows the system can stretch it further. Listing a building with a non-paying tenant means months of no income, a mortgage that still comes due, and buyers who want the unit delivered vacant.
Retail buyers want vacant or well-documented units. A lender will want leases, rent rolls, registration with the town, and often a certificate of occupancy for each unit. If your paperwork isn't perfect, or a unit was never registered, a conventional sale gets complicated fast.
We buy the building as it is. Tenants stay under their existing terms. We inherit the lease, the deposits and the problem tenant. If a unit isn't registered or was never permitted, that becomes our issue with the town after closing, not yours before it.
The offer reflects reality, not a fantasy of a vacant renovated building. A non-paying tenant costs money to resolve and we price for it, but we show you that line and you can compare it against another six months of carrying the building yourself.
Rental situations we buy
Every one of these has closed for us before.
- Tenant hasn't paid in months We buy occupied and handle the case after closing. Your carrying costs stop at the table.
- Inherited a rental you never wanted Sell during or after probate. We coordinate with the estate. See our inherited house guide.
- Section 8 or subsidized tenants Fine. We take over the HAP contract and inspections.
- Illegal third unit Basement or attic apartment the town doesn't know about. We buy as-is and legalize or remove it ourselves.
- Deferred maintenance you're tired of funding Roof, boiler, porches, code letters. No repairs before closing.
- Out-of-state owner We can walk the building with a property manager or a tenant and close remotely.
Selling an occupied rental, step by step
- Call with the address and the situation. How many units, who's paying, whether leases exist. Don't worry if the paperwork is messy.
- Walkthrough, tenants or not. We'll see what units we can and estimate the rest. Written offer in 24 hours.
- Contract and estoppel. Your attorney reviews. Leases and deposits are assigned at closing; you don't need to notify tenants beforehand unless you want to.
- Close and hand off. Tenants get a letter from us about where to pay rent. You get a wire. The building is our problem.
Full process detail on How It Works.
Questions we hear about this
Do I have to tell my tenants I'm selling?
No. The lease transfers to us at closing and we notify them of the new owner. If you'd rather tell them yourself, that's fine too.
What about security deposits?
New Jersey requires deposits to transfer to the new owner with notice to the tenant. The title company credits them to us at closing and we handle the notice.
My tenant refuses to let anyone in. Can you still make an offer?
Yes. We'll see the exterior and any accessible units and estimate the rest. Our offer accounts for the uncertainty.
Do you buy buildings with open violations or a stop-work order?
Yes. Violations are our responsibility after closing. They may affect the offer; they don't stop it.
I have a good tenant. Will they be treated fairly?
Yes. Good tenants are the easiest part of a building. We keep them and honor the lease.
Related situations
Where we buy
Passaic County · Bergen County · Essex County · Morris County · Union County · Hudson County · every other NJ county. Local pages for Wayne, Clifton and more.
Be done being a landlord
Written offer in 24 hours. Tenants stay. You leave.