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Best Areas to Invest in Jersey City

Best Areas to Invest in Jersey City

Are you looking to buy real estate in Jersey City, NJ? With its beautiful waterfront, vibrant downtown nightlife, and endless opportunities, Jersey City has become one of the most sought-after cities in the United States. There are several areas in Jersey City that would make for great areas to invest in. From quiet suburban neighborhoods to chic urban hubs - there's something for everyone! In this post, we will cover some of the best areas in Jersey City that you should consider when searching for your dream property. Best Jersey City Neighbor…

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Top Tips When Buying Investment Property in Jersey City

<strong>Top Tips When Buying Investment Property in Jersey City</strong>

Are you thinking of buying an investment property in Jersey City? Purchasing a rental property means that you have the potential to create a passive income and grow your personal long-term wealth. Jersey City is a great place to consider when buying an investment property. The city offers a diverse range of housing options, a strong job market, and a high quality of life, making it an attractive location for both renters and property investors.  However, if you are just starting out, it pays to follow insider tips on how to maximize your invest…

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Breaking a Lease in New Jersey - Know the Laws

Breaking a Lease in New Jersey - Know the Laws

New Jersey landlords must be well-versed with the procedures that detail when a tenant can break a lease early. Certain reasons provide legal protections against penalties while others don’t. In this post, we at Abacus Avenue Property Management will cover the legally unjustified and justified reasons for early lease termination. Residential Lease Agreement in New Jersey To avoid any conflict or confusion, it’s essential that a landlord has a detailed lease or rental agreement in place. So when your tenant signs the lease, you, as a landlord, m…

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A Guide to the Eviction Process in New Jersey

A Guide to the Eviction Process in New Jersey

New Jersey landlord-tenant law grants landlords the right to evict a tenant under certain situations. Nonpayment of rent and lease violations top the list as the most common grounds for eviction. As a landlord, you must follow the proper eviction process to remove a tenant from your property. Trying to remove a tenant in any other way other than through a court order will fail. How long does an eviction take? Generally speaking, the tenant eviction process in NJ can take around three weeks to three months. The exact period will depend on a few …

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New Jersey Security Deposit Laws

New Jersey Security Deposit Laws

Are you a landlord in New Jersey and charge your tenants a security deposit? If you do, then you have an obligation as a landlord to comply with NJ security deposit law (NJ Rev Stat § 46:8-19).  The laws primarily regulate the collection, handling, and return of a tenant’s security deposit.  The following is everything you need to know about the New Jersey security deposit law.  What is a security deposit and what purpose does it serve? A security deposit is a payment that landlords normally require at the start of a tenancy. The funds provide …

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As a first time homeowner with first time tenants I valued the personal touch and informed team at Abacus Avenue Property Management. Thanks to Abacus I was able to better navigate and understand all the aspects and options I had as a landlord to facilitate a good resolution; with the help of Marc & Lisa I will have successfully reclaimed my property on an agreed date and time. A potentially nerve wrecking and anxiety producing situation was allayed by Abacus advising me in the right direction.

Elizabeth C. Rental Property Owner