Newark multifamily with tenants, violations or a tax lien?
Call or text (973) 520-0243. We buy occupied, as-is.
New JerseyEssex County
Newark

We buy houses in Newark, NJ for cash.
Every ward. Multifamilies, tenants, liens, violations.

Newark is the largest city in the state and the one where we buy the most multifamily. Two-, three- and four-families in the North Ward, Ironbound, West Ward, South Ward and Vailsburg, occupied or vacant, with open violations, tax liens, fire damage or unpermitted units. Written offer in 24 hours, close in days.

  • Tenants stay, paying or not
  • Code violations and open permits OK
  • Tax and water liens paid from proceeds
  • Fire-damaged and boarded buildings
Peter Koukounas, founder of Peregrine REI, Totowa NJ

You'll meet Peter, not a call center. Peter has bought buildings in every Newark ward and knows the city's Code Enforcement, rent control board, and what the Essex surrogate and sheriff need for a Newark closing. About Peter

Get a cash offer on your Newark house
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Selling a house in Newark: what's specific to the city

Newark is dense, old, renter-occupied and closely enforced. Every one of those things makes a retail sale hard and a cash sale simple.

Multifamily is the housing stock. Frame and brick two- to four-families from the 1880s through 1930s fill the North Ward, Ironbound, Vailsburg, Weequahic and the West and South wards. Most have tenants, many have a unit that was never permitted, nearly all have systems at end of life. That's the building we buy.

Enforcement is active. Newark requires certificate inspections before sale, registers rentals, and issues violations for exterior condition, illegal conversions and fire safety. Back taxes and water bills become liens and go to tax sale quickly. We buy with violations open and liens outstanding; both are resolved at or after closing.

Rent control applies. Newark's rent control ordinance affects what we can charge later, so it affects the offer. It doesn't stop the sale and we handle the registration.

Fire, vacancy and boarded buildings. Newark has a lot of vacant and fire-damaged stock, and the city registers and fines vacant properties. We buy boarded buildings, insurance-claim properties and shells.

Redevelopment changes the math by block. Near the Ironbound, University Heights and downtown, values have moved fast. We show you the math for your block, not the city average.

Local notes from houses we’ve bought and walked; confirm anything specific to your property with the township and your attorney. More on selling in Essex County.

Newark neighborhoods where we buy

All of them, every condition. A few notes on what we tend to see in each.

  • North Ward / Forest Hill Larger two- and three-families, long-time owners, estates
  • Ironbound Dense multifamily, mixed-use, strong demand
  • Vailsburg Frame two- and three-families, tenants
  • West Ward Multifamily, code letters, vacant stock
  • South Ward / Weequahic Older multifamilies, tax liens, boarded buildings
  • Central Ward / University Heights Redevelopment edge, mixed stock

Why Newark homeowners call us

The tenants stopped paying and landlord-tenant court is months out.

City violations or a tax sale certificate that outgrew the equity.

Inherited a North Ward three-family from a parent who lived on the first floor for decades.

Fire or water damage with or without an open claim.

A boarded building registered as vacant and fined.

House in Newark, NJ

Questions from
Newark
 sellers

General questions are on the FAQ page; the process is on How It Works.

Do you buy Newark buildings with illegal apartments?

Yes, as-is. Legalizing or removing the unit is ours after closing.

The tax lien holder started foreclosure. Can you still buy?

Usually, if it hasn't been finalized. The certificate is redeemed at closing. Call quickly.

My tenants won't let anyone in. Can you still make an offer?

Yes. We see what we can and estimate the rest.

How fast can you get here?

Thirty minutes from Totowa. Same or next day.

Nearby towns we buy in

Part of Essex County unless noted.

Situation guides

The ones that come up most in Newark.

All situations →

Sell your Newark building, tenants and all

Written offer in 24 hours. Liens and violations handled.