In Atlantic City, vacant and distressed units are a stated local issue, along with coastal flooding. A bungalow or a converted unit upstairs can sit empty for a long time, with taxes, insurance and upkeep running the whole time. Selling removes those bills, but a few state rules apply to an empty property.
No obligation. We respond within 24 hours.
Kaizen Home Buyers buys vacant houses, bungalows and units for cash and takes them as they are. We make an offer within 24 hours, with no repairs, no cleanout and no agent commission. Closing runs 14 to 30 days or on your date. We do not assume storm damage or its absence. We price the property in front of us. Our offer is one number to compare with the cost of holding the property.
A 2024 New Jersey law requires sellers to disclose, on the property condition disclosure statement, any actual knowledge of the property's flood risk before the buyer is bound. The questions ask whether the home is in a FEMA flood hazard area and whether it has had flood damage or pooled water. If you own an empty shore property, dig out insurance letters and photos before talking to any buyer.
New Jersey property taxes are a continuous lien. P.L. 2024, c.39 says a tax foreclosure action on abandoned property does not require a judicial sale, while owners of non-abandoned property can demand one before final judgment to protect equity. Lienholders must give at least 30 days of written notice. If your Atlantic City unit is empty and behind, get the exact balance and any certificate holder from the tax collector. Taxes come due in four installments each year, so an empty unit can collect several delinquency dates in a short time.
Many empty shore properties belong to heirs in other states. The Atlantic County Surrogate's Court is at 5911 Main Street, Mays Landing, and its phone is 609-645-5800. It is the court for probate of wills and administration of estates. Start there to learn who may sign, then bring the paperwork to a New Jersey attorney and the title company.
Send us the address, the type of building and what you know about water, storms or break-ins. We make an as-is cash offer and show it plainly. You can then compare it with the cost of repairs, a listing and the months of taxes and insurance that continue while it sits.
We do not clear liens, decide who may sign or advise on tax foreclosure. A New Jersey attorney and the title company handle those. We can pick a closing date that fits the paperwork. Call or text Kaizen Home Buyers at 267-329-0084. If a neighbor or a condo board has asked you about the property, tell us. We want to know before a buyer's attorney does.
The 2024 law applies to sellers of real property in New Jersey. Ask your attorney how it applies to your sale and to the form you use. Keep copies of what you give any buyer.
The 2024 tax lien law treats abandoned property differently from property that is merely empty. A lawyer can tell you which applies.
Often, once the Surrogate's Court recognizes an executor or administrator. The title company can usually arrange signing by mail or notary.
No. List what stays in the contract and take what matters to you first. Take anything you want to keep before closing.
General information, not legal or tax advice. Rules change; confirm details with the office or a professional.
No obligation. No fees. Just a fair offer from a local buyer.