Where we finance

Hard Money Loans in New Jersey

Apex Capital Advisors arranges hard money and other business-purpose loans for New Jersey investors, from two-families in Newark and Paterson to Jersey City rowhouses. Fix and flip loans reach 92.50% of total cost, and term sheets go out within 12-24 hours.

Discuss your deal All 36 states and Washington, D.C.

Fix & Flip
DSCR Rental
Bridge
New Construction

The lay of the land

Investing in New Jersey

New Jersey's investment markets split by region. North Jersey is part of the New York metro area, with NJ Transit and PATH trains into Manhattan, Newark Liberty International Airport and the port terminals in Newark and Elizabeth. Central Jersey runs on Rutgers in New Brunswick, Princeton University, state government in Trenton and drug makers such as Johnson & Johnson. South Jersey looks to Philadelphia, with PATCO trains linking Camden and its suburbs to the city. The shore, from Monmouth County to Cape May, is a market of summer and vacation homes.

The housing is old. Newark, Jersey City, Paterson and Elizabeth are packed with wood-frame two- and three-family houses, Jersey City and Hoboken have brownstones, and Trenton and Camden have long blocks of rowhouses. The suburbs lean toward capes, colonials and split-levels. Expect buried oil tanks, lead paint and old wiring. At the shore, flood zones shape every rebuild, and houses raised on pilings since Superstorm Sandy are a common sight.

Loan programs

Loan Programs in New Jersey

Four ways to finance an investment property in New Jersey, each sized to the deal rather than a fixed product.

Short-term project capital

Fix and Flip Loans in New Jersey

New Jersey flips usually start with an older house: a cape in an inner suburb or a two-family in Newark or Paterson. Order a tank sweep for a buried oil tank, plan for lead-safe work, and price heat, wiring and roofs first. Permits come from the town's construction official. On the resale you pay the realty transfer fee and need a smoke and carbon monoxide alarm certificate.

Apex's hard money fix and flip loans cover up to 92.50% of total cost and up to 100% of the rehab budget, with a 650 minimum FICO. First-time investors are welcome.

Newbies are welcome
Up to 92.50% Loan to Cost (LTC)
Up to 100% of rehab budget

Fix and flip loan details

Long-term rental financing

DSCR Rental Loans in New Jersey

Two-, three- and four-family houses are the core of North Jersey's older rental stock, and every unit's rent counts toward the DSCR. Property taxes vary by town and sit inside the payment, so pull the current tax bill. Register the rental, keep lead-safe certificates current, and give tenants the state's flood risk notice where required. Short-term rentals are eligible, which suits shore towns, but check local rules.

Apex qualifies DSCR loans on cash flow, with no personal-income verification and ratios as low as 0.75x, for $100K to $3M+ on 30-year terms. Cash-out refinances reach 80% LTV. Reaching the full 80% takes a stronger DSCR and credit score than the program minimums, so leverage on each file is set by its DSCR and credit.

Qualified on the property's cash flow, not your personal income
No traditional employment or personal-income verification
Cash-out refinance LTV up to 80%

DSCR rental loan details

Interim financing

Bridge Loans in New Jersey

A bridge loan fits New Jersey deals where timing matters, such as a sheriff's sale, where the balance comes due soon after the auction, or a Paterson three-family with vacant units a bank will not lend on yet. Sheriff's sale properties can come subject to unpaid taxes and water bills, and tenants keep their rights under the Anti-Eviction Act.

One route is to buy and renovate with hard money, lease up, then refinance into a DSCR loan. Apex sets bridge terms deal by deal, welcomes first-time investors, and sends a term sheet within 12-24 hours.

Structured for transactions that cannot wait
Property in transition, lease-up or repositioning
Terms set deal by deal rather than to a fixed product

Bridge loan details

Ground-up construction

New Construction Loans in New Jersey

Investor builds here are often infill or teardowns: new two- and three-family houses on Newark lots, or new homes replacing older ones in established suburbs. A builder of new owner-occupied homes, two-family houses included, must register with the state's New Home Warranty program, and the registration card is shown when permits are pulled. Near rivers, the state's inland flood rule sets a higher design flood elevation for certain new construction, so check the flood maps early.

Apex funds up to 100% of the construction budget, released in stages against progress. Plan the draw schedule with your builder before closing.

Up to 100% of the construction budget
Land or lot cost and build budget assessed together
Capital released in stages against construction progress

New construction loan details

Program terms are general guidelines, not a quote or commitment. Every loan is subject to underwriting and approval and is for business purposes only.

Local markets

Where We Finance in New Jersey

Apex offers loans statewide. These markets are a starting point, not a limit.

Newark

Newark is a transportation center, with NJ Transit, Amtrak and PATH trains at Newark Penn Station, plus the airport and Port Newark. Prudential, Panasonic and Audible keep offices downtown, and Rutgers-Newark, NJIT and University Hospital anchor University Heights. Wood-frame two- and three-family houses fill the Ironbound, the North Ward, Vailsburg and Weequahic, while Forest Hill has large older single-family homes. Newark has its own rent control ordinance, so check with the city's rent control office before you underwrite rent increases on a multifamily house. On older houses here, order a tank sweep and ask for the lead-safe certificate before you make an offer.

Jersey City

Jersey City sits across the Hudson River from Lower Manhattan, and PATH trains from Journal Square, Grove Street, Exchange Place and Newport carry commuters into the city. High-rise apartment and office towers line the waterfront, so smaller investors tend to work the brownstones and rowhouses of Downtown and the frame multifamily houses of the Heights, Greenville, Bergen-Lafayette and the West Side. Low-lying blocks near the water can sit in a flood zone. The city's rent control ordinance exempts one- to four-unit properties, so a small multifamily house usually falls outside it.

Paterson

Paterson grew up around the Great Falls of the Passaic River as an early mill town, and its silk mills earned it the name Silk City; the falls are now a national historical park. Housing runs to frame multifamily houses and older brick buildings, with larger homes around Eastside Park. South Paterson's Main Street is lined with Middle Eastern shops and restaurants, and St. Joseph's University Medical Center is a major employer. Blocks along the river can flood, so read the seller's flood disclosure and price insurance before you offer.

Elizabeth

Elizabeth is the Union County seat and shares Port Newark-Elizabeth Marine Terminal and Newark Liberty International Airport with Newark, so port, airport and warehouse jobs feed rental demand. NJ Transit trains stop in the city on the way to Newark and New York. Two- and three-family houses fill Elizabethport, Peterstown, Midtown and the North End, while Elmora mixes single-family homes with older apartment buildings. Trinitas Regional Medical Center is another anchor. A common plan is a fix and flip loan to buy and renovate a two-family, then a DSCR loan once the units are leased.

Before you buy

What Investors Should Know About New Jersey

Foreclosure ends in a sheriff's sale

New Jersey forecloses through the courts. After judgment, the court issues a writ of execution and the county sheriff sells the property at a public sale. Anyone with an objection to the sale has a short window after the auction to file a motion. The sheriff delivers the deed once that window closes without one, or after the court confirms the sale.

The seller pays the transfer fees

The seller pays New Jersey's realty transfer fee when the deed is recorded, and the fee steps up with the price. Under a recent change in state law, the seller also pays the graduated fee on residential sales above a set price, which buyers used to pay. A flipper pays both on the resale.

Good cause evictions and landlord registration

New Jersey's Anti-Eviction Act requires good cause to evict a residential tenant or refuse to renew a lease, single-family rentals included. Owner-occupied two- and three-family houses may be exempt. Foreclosure alone is not grounds for eviction. Landlords must register with the town clerk for a non-owner-occupied one- or two-family house, or with the state for larger buildings. An unregistered landlord's eviction case is put on hold.

Lead-safe certificates for older rentals

Rental units built before the federal ban on lead-based paint in homes must be inspected for lead hazards by the town or a certified lead evaluation contractor, then again on a regular cycle or at tenant turnover, whichever comes first. No turnover inspection is needed while a lead-safe certificate is valid. Seasonal rentals are exempt. A seller must give the buyer any lead-safe certificates.

Smoke and carbon monoxide alarm certificate

Before a one- or two-family house is sold, leased or taken over by a new occupant, the owner needs a certificate of smoke alarm, carbon monoxide alarm and portable fire extinguisher compliance. The town's code agency or fire official issues it. Book it before closing a flip and before each new tenant.

General information, not legal or tax advice. Laws and rates change; confirm the details with a licensed attorney or tax professional in New Jersey.

Questions

New Jersey Hard Money Loan FAQs

Not answered here? Call +1(551) 321-5995 or read the full FAQ.

Do you offer hard money loans in New Jersey?

Yes. Apex arranges business-purpose financing across New Jersey, from Newark and Jersey City to Camden and the shore, for fix and flip, DSCR rental, bridge and new construction projects. Loans are for investment property only, not a home you or your family will live in.

Can I finance a two- or three-family house in Newark or Paterson?

Yes. Fix and flip loans cover small multifamily houses as well as single-family homes, at up to 92.50% of total cost and up to 100% of the rehab budget. Once the units are leased, a DSCR loan can refinance the house on its rent.

Does New Jersey have rent control?

Not statewide. The state leaves rent control to towns, and cities such as Newark and Jersey City have their own ordinances. Jersey City's exempts one- to four-unit properties. Anywhere in the state, a rent increase cannot be unconscionable. Size a DSCR loan on the current leases.

What should I check on an older New Jersey house before I buy?

Order a tank sweep for a buried oil tank, plan for lead-safe work, and check the state's Flood Risk Notification Tool. The seller's disclosure form asks about flood zones and past flooding. On a rental, ask for the landlord registration, any lead-safe certificate and the leases.

How fast can a New Jersey deal close?

Apex issues a term sheet within 12-24 hours, and qualified deals with complete documents can fund in as fast as 15 days. Send the contract, scope of work and budget. For a sheriff's sale, send the sale terms before you bid, since the balance comes due quickly.

Beyond the state line

Nearby States We Serve

Investing on both sides of the border? The same programs and the same team cover the states around New Jersey.

All 36 states and Washington, D.C.

Next step

Financing a Property in New Jersey?

Send us the property, the plan and the timeline. We will tell you what is realistic and what we need to issue a term sheet.

Discuss your deal +1(551) 321-5995