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Forum
-> Inquiries & Offers
-> Lakewood, Toms River & Jackson related Inquiries
amother
OP
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Sun, Nov 27 2022, 10:46 am
Hi we are looking to rent out our basement in a very sought out development, 3 bedrooms 2 bathrooms, what's the going rate these days?
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amother
Obsidian
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Sun, Nov 27 2022, 10:48 am
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amother
Magnolia
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Sun, Nov 27 2022, 11:41 am
$1800 if it’s in good condition
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Chayalle
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Sun, Nov 27 2022, 11:44 am
Best to ask around your neighborhood, it varies. Also find out if the price includes utilities or not.
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amother
Burntblack
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Sun, Nov 27 2022, 11:46 am
We rented our 3 bedrooms 2 bathrooms last january for $1700.
New paint and new flooring in the entire apartment .
I think prices went up since then.
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amother
RosePink
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Sun, Nov 27 2022, 11:52 am
I heard from someone 3 bedroom 1 Bathroom $2200
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amother
DarkRed
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Sun, Nov 27 2022, 12:06 pm
Just rented out my brand new basement- 3bedrooms 2bathrooms
2200 excluding utilities
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amother
RosePink
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Sun, Nov 27 2022, 12:10 pm
amother DarkRed wrote: | Just rented out my brand new basement- 3bedrooms 2bathrooms
2200 excluding utilities |
what neighborhood?
heard from someone rented out basement 3 bedroom 1 bath 10 yrs old but nice 2200 plus utilities Ridge area
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amother
Magnolia
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Sun, Nov 27 2022, 12:35 pm
Our tenants are getting a very good deal I guess.
2 very large bedrooms (master bedroom is huge- we made a large master bedroom instead of 3 bedrooms..)
Large living room/dining room area
Eat in kitchen with new appliances
New floors and newly painted
1 bathroom
It’s a 15 year old house
Popular area but with parking for tenants
We only asked for $1650 last January
Shortly after we heard we could have gotten more
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amother
Kiwi
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Sun, Nov 27 2022, 12:36 pm
amother OP wrote: | Hi we are looking to rent out our basement in a very sought out development, 3 bedrooms 2 bathrooms, what's the going rate these days? |
Really varies based on the location and condition if it isbrand new then obv more... ridge area will always be the highest
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amother
RosePink
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Sun, Nov 27 2022, 12:37 pm
amother Magnolia wrote: | Our tenants are getting a very good deal I guess.
2 very large bedrooms (master bedroom is huge- we made a large master bedroom instead of 3 bedrooms..)
Large living room/dining room area
Eat in kitchen with new appliances
New floors and newly painted
1 bathroom
It’s a 15 year old house
Popular area but with parking for tenants
We only asked for $1650 last January
Shortly after we heard we could have gotten more |
rates went up sharply since then and existing tenants there is only a certain amount you can go up on them
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amother
RosePink
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Sun, Nov 27 2022, 12:38 pm
amother Kiwi wrote: | Really varies based on the location and condition if it isbrand new then obv more... ridge area will always be the highest |
anyone know current rates for Ridge area 3 Bedroom 1 Bathroom about 10-15 yrs old
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amother
DarkRed
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Sun, Nov 27 2022, 12:41 pm
Our master is big enough has its own bathroom and walk in closet
3 bedrooms a couple could live there with 3-4 kid's comfortably
2 bedrooms x so much
Our tenant has their own 2 car parking space as well
This is in the south side of lkwd
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amother
Impatiens
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Sun, Nov 27 2022, 12:42 pm
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amother
RosePink
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Sun, Nov 27 2022, 12:49 pm
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amother
Kiwi
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Sun, Nov 27 2022, 12:52 pm
amother Magnolia wrote: | Our tenants are getting a very good deal I guess.
2 very large bedrooms (master bedroom is huge- we made a large master bedroom instead of 3 bedrooms..)
Large living room/dining room area
Eat in kitchen with new appliances
New floors and newly painted
1 bathroom
It’s a 15 year old house
Popular area but with parking for tenants
We only asked for $1650 last January
Shortly after we heard we could have gotten more |
Not neccesarily 2 bedrooms are always less it doesn't matter if the master is huge.. you want that 3rd room for kids laundry play etc 2 br get tight much quicker IMHO
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amother
Magnolia
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Sun, Nov 27 2022, 1:07 pm
amother Kiwi wrote: | Not neccesarily 2 bedrooms are always less it doesn't matter if the master is huge.. you want that 3rd room for kids laundry play etc 2 br get tight much quicker IMHO |
Honestly one reasons we did it like that is because we didn’t want families with lots of kids to stay for many years. The apartment tends to get lots of wear and tear with kids growing up in the same apartment. Most couples have moved out after having a baby or 2 so the apartment generally stayed in good shape.
We’re fine changing tenants every 2-3 years.
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amother
RosePink
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Sun, Nov 27 2022, 1:32 pm
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amother
RosePink
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Sun, Nov 27 2022, 1:33 pm
amother Magnolia wrote: | Honestly one reasons we did it like that is because we didn’t want families with lots of kids to stay for many years. The apartment tends to get lots of wear and tear with kids growing up in the same apartment. Most couples have moved out after having a baby or 2 so the apartment generally stayed in good shape.
We’re fine changing tenants every 2-3 years. |
Smart Idea thinking of giving a 2 year lease and then putting into contract a annual 10% increase after that so they will want to move what is everyone's thoughts?
also anyone know going Rate 3 Bedroom 1 Bathroom Ridge area about 10yrs old?
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amother
Papaya
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Sun, Nov 27 2022, 1:37 pm
amother RosePink wrote: | Smart Idea thinking of giving a 2 year lease and then putting into contract a annual 10% increase after that so they will want to move what is everyone's thoughts?
also anyone know going Rate 3 Bedroom 1 Bathroom Ridge area about 10yrs old? | I think it’s a great idea assuming that you live upstairs. If you don’t live in the house then it’s illegal.
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