Sold
Newark, New Jersey
82 Komorn St
Renovated in phases around a sitting tenant — adding a bathroom where none existed, opening the main floor, and converting a detached structure into finished living space.
$290,000
Purchase
$60,000
Renovation
$435,000
Sale
26
Months held
The work
Renovated without
emptying the building
Most operators lose rental income for the duration of a gut renovation. Here the property was partitioned so the tenant could remain in place, undisturbed, from acquisition through to sale.
The work concentrated on space that did not previously exist: a second-floor bathroom between the two bedrooms, an opened kitchen and living room, and a detached structure converted into finished living space with its own bathroom.
- Property partitioned to maintain continuous occupancy
- New full bathroom added on the second floor
- Wall removed between kitchen and living room
- Contemporary kitchen finishes throughout
- Basement bedroom renovated, existing bath refreshed
- Energy-efficient ductless mini-split system
- Detached structure converted to finished living space
- Full bathroom added to the converted structure
Photography
The detached structure
Before · Exterior
After · Exterior
Before · Garage
After · Converted Loft
Before · Garage
After · Converted Loft
Before · Livingroom
After · Livingroom