Why Small Multifamily Homes Are a Smart Start in New Jersey

Investing in small multifamily homes—like duplexes or triplexes—is a great way to enter New Jersey’s real estate market.

These properties offer the unique advantage of generating rental income while still qualifying for residential financing options, such as FHA loans, which require a lower down payment. In many NJ cities like Newark, Paterson, and Jersey City, high rental demand makes these properties especially appealing for first-time investors.

Plus, if you live in one unit and rent the others, you can “house hack” your way to building equity while reducing your living expenses. It’s a smart first move toward financial freedom and long-term wealth.