The New Jersey real estate market has always been a great place to invest in rental properties. The main driver behind the strong potential of Jersey City and Trenton as well as other New Jersey cities is the proximity to New York City, Philadelphia, and Washington, D.C. While home values are relatively affordable, they exceed the national averages, so investors need to be particularly careful with how they manage their long-term and short-term rental properties to be profitable.
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The 5 best property management companies in Jersey City and Trenton, NJ are:
- HomeRiver Group: Best Overall Property Management Company in Jersey City and Trenton
- SureWay Property Management: Best for Clear Pricing
- Del Forno Real Estate: Best for Flexible Options
- Blue Phoenix Property Management: Best for Portfolios
- Realty Solutions LLC: Best for Landlord Guarantees
How We Selected the Best Property Management Companies in Jersey City and Trenton
Our ranking of the 5 best property management companies in Jersey City and Trenton, NJ is based on multiple factors and indicators in order to be reliable and objective. These include:
- Property management services: We searched for companies that provide comprehensive property management services of high quality so that property owners can enjoy maximized passive rental income.
- Property management costs and fees: We focused on New Jersey property managers with clear, straightforward pricing models with competitive rates.
- Geographical coverage: We chose companies that operate across all areas of the Jersey City and/or Trenton market.
- Property type coverage: We selected companies that manage different types of residential properties rented out on a short-term and long-term basis to cover the needs of all real estate investors.
- Company size and headquarters: We ranked both small, local property managers and large, nationwide companies as each model of property management has its own advantages and disadvantages.
- Balance between technology and human interactions: We made sure that selected companies use the latest real estate technology to automate processes, without ignoring the need for human interventions in the rental business.
- Online reviews by property owners and renters: We checked out the overall ratings of short-listed companies on reputable third-party review websites and also read through individual reviews to identify their strengths and weaknesses.
- Value for money: Ultimately, we selected the 5 companies that offer the best value for money to rental property owners in Jersey City and Trenton, NJ.
HomeRiver Group: Best Overall Property Management Company in Jersey City and Trenton
HomeRiver Group is the biggest third-party long-term rental property management company in the US market, covering multiple areas of New Jersey. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert established the company in 2016, with headquarters in New York, NY. At the moment, the company portfolio has 40,000+ rental homes and 32,000+ properties within HOA communities in 31 US states. HomeRiver Group has been able to reach this coverage by acquiring the best local property managers in different locations and turning them into partners. This is the top property management company in Jersey City and Trenton for providing comprehensive services at competitive rates.
HomeRiver Group Property Management Services
The New Jersey office of HomeRiver Group delivers the following:
- Expert market analysis to maximize return on investment
- Property marketing and advertising
- Extensive tenant screening
- Move-in coordination
- Rent collection
- Owner earnings disbursement
- Routine inspections
- Maintenance and repairs
- Accounting
- Detailed financial reporting
- Evictions
HomeRiver Group Property Management Locations
HomeRiver Group works in multiple cities in New Jersey including:
- Cherry Hill
- Clifton
- Edison
- East Orange
- Elizabeth
- Jersey City
- Newark
- Old Bridge
- Passaic
- Paterson
- Trenton
- Union City
- Woodbridge
HomeRiver Group Property Types
The New Jersey branch of HomeRiver Group manages single-family and small multifamily homes.
HomeRiver Group Property Management Costs
HomeRiver Group New Jersey does not provide information about the property management costs charged in Jersey City and Trenton. In other markets, rates are always competitive, being a mix of flat fees and percentages of rental income, in line with local trends. Fees start at 5% of monthly rent.
Property owners need to pay a leasing fee, a monthly management fee, a lease renewal fee, and an inspection fee.
HomeRiver Group Property Management Terms
The HomeRiver Group New Jersey website does not have a copy of the management agreement used in the local market. In most cases, the company works with an initial contract of 6 or 12 months, after which investors can switch to month-to-month agreements too.
HomeRiver Group Property Management Reviews
There are around 20 online reviews of the work of HomeRiver Group in the New Jersey market that show very positive overall experiences.
You can find HomeRiver Group reviews on:
- Google: Currently 4.9/5 stars based on 21 reviews
Happy property owners and tenants praise the quick handling of maintenance issues, the professionalism, the responsiveness, the attention to detail, the focus on customers, the staff going above and beyond, and the outstanding team. The only negative review mentions the lack of proper management.
How to Get Started with HomeRiver Group Property Management
To get started with the best overall property management company in Jersey City and Trenton, real estate investors can submit an online form via HomeRiver Group or call 415-610-7867.
SureWay Property Management: Best for Clear Pricing
SureWay Property Management is a local, full-service property management company covering all of New Jersey and Greater Philadelphia. The company was established in 2016, with headquarters in Marlton, NJ. The team aims to build long-term relationships with property owners based on the value of integrity, transparency, reliability, and communication. SureWay Property Management is the top property manager in New Jersey for clear pricing as they offer a straightforward model with no hidden fees.
SureWay Property Management Services
The comprehensive services provided by SureWay Property Management include:
- Professional rental market analysis to get the most accurate rental price
- Marketing including professional photos on the most popular rental websites like Zillow and Trulia
- High-quality tenant screening including credit check, employment verification, debt to income ratio, eviction history check, and criminal history check
- Showings
- Lease preparation
- Facilitating municipal inspections
- Thorough move-in inspections including multiple photos
- Tenant move-in and orientation
- Rent collection
- Late rent notices and fees collection
- Owner payout distribution via direct deposit by ACH processing
- Tenant interaction
- Lease enforcement
- Quality maintenance and repairs at competitive prices
- Fully automated web-based accounting system
- Detailed financial reporting
- Monthly owner statements
- Annual summary owner statements
- Tax statements and 1099s
- Eviction services
SureWay Property Management Locations
SureWay Property Management operates throughout New Jersey via 4 offices.
SureWay Property Management Property Types
SureWay Property Management works with single-family homes, townhouses, condos, apartments, duplexes, and other property types rented out on a long-term basis.
SureWay Property Management Costs
Property owners can choose between 2 service packages, including leasing only and full-service property management, incurring the following costs:
Marketing Package: This plan covers all tasks needed to place a tenant.
- Leasing fee: One month’s rent
- Lease extension fee: 25% of one month’s rent
Property Management Package: This plan covers all services needed to operate a rental property business.
- Monthly management fee: 8% of monthly rent
This is a very straightforward pricing model with no hidden fees, which makes SureWay Property Management the best New Jersey property manager for clear pricing.
SureWay Property Management Terms
SureWay Property Management does not specify the terms of the management agreement, so interested landlords need to get in touch with the team and ask about the details.
SureWay Property Management Reviews
More than 150 property owners and tenants have reviewed the services provided by SureWay Property Management. Their reviews show excellent overall experiences.
You can find SureWay Property Management reviews on:
- Birdeye: Currently 4.9/5 stars based on 76 reviews
- Google: Currently 4.9/5 stars based on 71 reviews
- Facebook: Currently 5.0/5 stars based on 13 reviews
Positive reviews focus on the great services, the hard work, the dedication, the professionalism, the attention to detail, the streamlined and convenient paperworks, the market knowledge, the care, the helpful and organized staff, and the always available team members. The couple of negative reviews do not provide details.
How to Get Started with SureWay Property Management
To get started with the best property management company in Jersey City and Trenton for clear pricing, rental property owners can submit an online form via the SureWay Property Management website or call 865-552-0505.
Del Forno Real Estate: Best for Flexible Options
Del Forno Real Estate is a local, family-owned and operated property management company operating in Jersey City and surrounding areas. Joseph and Vito Del Forno launched the company in 1962, with headquarters in Jersey City, NJ, which makes it one of the oldest property managers in the New Jersey market. The team takes pride in offering top of the line customer service by focusing on the needs and concerns of individual investors with one-on-one personal attention. Del Forno Real Estate is the best property management company in Jersey City for flexibility as landlords can choose between 3 different service plans.
Del Forno Real Estate Property Management Services
The property management services provided by Del Forno are limited compared to what other New Jersey property management firms cover and include:
- Rent collection
- Owner earnings distribution
- 24/7 maintenance including emergency and regular repairs via licensed plumbers, electricians, contractors, exterminators, and painters
- Accounting
- Payment of monthly bills
- Financial reporting
- Monthly statements
- Evictions
Del Forno Real Estate Property Management Locations
Del Forno manages rental properties throughout:
- Jersey City
- Essex County
- Hudson County
- Monmouth County
Del Forno Real Estate Property Types
Del Forno works with different types of residential properties including one to four-family homes, condos, brownstones, brick rows, lofts, and others.
Del Forno Real Estate Property Management Costs
Del Forno Real Estate offers 3 different service packages including:
#1: This plan includes collecting rent and dispossessing tenants for the non-payment of rent.
- Monthly management fee: 6% of monthly rent
#2: This plan covers everything in #1 plus repairs.
- Monthly management fee: 8% of monthly rent
#3: This plan covers everything in #2 plus payment of monthly bills.
- Monthly management fee: 10% of monthly rent
This diversity in management plans makes Del Forno Real Estate the best Jersey City property management company for flexibility as landlords can choose exactly how active or passive their investment strategy to be. Furthermore, there are discounts for multiple properties, which makes Del Forno a good option for investors with rental portfolios.
Del Forno Real Estate Property Management Terms
Del Forno Real Estate does not specify the terms of the property management agreement that investors need to sign, so interested property owners should get in touch with the team and ask for a copy to review.
Del Forno Real Estate Property Management Reviews
Over 180 real estate investors and tenants have reviewed the work of Del Forno Real Estate on third-party websites. Their reviews show mixed experiences.
You can find Del Forno Real Estate reviews on:
- Google: Currently 4.2/5 stars based on 131 reviews
- Yelp: Currently 1.9/5 stars based on 35 reviews
- Facebook: Currently 4.0/5 stars based on 12 reviews
- Birdeye: Currently 4.5/5 stars based on 9 reviews
Satisfied property owners and renters praise the great experiences, the knowledge, the incredible responsiveness, the reliability, the professionalism, the care for customers, the fantastic team members, the always available staff, and the quick and easy communication. Dissatisfied customers mention terrible experiences, unethical practices, poorly maintained properties, slow implementation of maintenance requests, and lack of communication.
How to Get Started with Del Forno Real Estate Property Management
To get started with the best property management company in Jersey City for flexible options, landlords can fill in an online form on the Del Forno Real Estate website or call 201-432-7000.
Blue Phoenix Property Management: Best for Portfolios
Blue Phoenix Property Management is a full-service property management company operating in areas of New Jersey, Maryland, Pennsylvania, Virginia, and Washington, D.C., including Trenton. Sean Brinson started the company in 2020, with headquarters in Baltimore, MD. The team strives to improve the lives of property owners and residents through the use of innovative systems. Blue Phoenix Property Management comes out as the top property manager in Trenton, NJ for owners of rental portfolios as they offer more discounts than other firms.
Blue Phoenix Property Management Services
Blue Phoenix provides full-service property management covering:
- Property-specific market analysis for optimal rental value
- Premium marketing including social media
- Property showings
- Extensive 12-point tenant screening
- Move-in and move-out inspections
- Move-in coordination
- Utility transfer for new residents
- Rent collection
- Owner earnings distribution via electronic transfers
- Thorough annual inspections
- 24/7 maintenance
- Innovative maintenance
- Detailed financial reporting
- Monthly statements
- Eviction protection
Moreover, Blue Phoenix Property Management offers the following guarantees to landlords for additional protection:
- $1,000 Eviction Protection Guarantee
- $1,000 Pet Damage Guarantee
- $1,000 Malice Damage Guarantee
Blue Phoenix Property Management Locations
Blue Phoenix covers the following markets:
- Maryland: Baltimore, College Park, Columbia, Hyattsville, Laurel, and Upper Marlboro
- New Jersey: Livingston, Newark, and Trenton
- Pennsylvania: Philadelphia
- Virginia: Alexandria, Fairfax, and Woodbridge
- Washington, D.C.
Blue Phoenix Property Management Property Types
Blue Phoenix Property Management works with both single-family and multifamily homes.
Blue Phoenix Property Management Costs
Rental property investors can choose from 2 service packages, including leasing only and full-service management. The plans are:
Leasing Only Service: This plan includes the services needed to get a rental property occupied.
- Leasing fee: One month’s rent
- 24/7 live leasing agent: $25
- Account setup fee: $99
- Inspection: $75
- Out of service area fee: $150
- Premium marketing package: $100
- Online video walk-through tour: $15
- Social media boosting: $15
- Move-in and move-out inspection: $25
- Annual property inspection: $150
Full Management Service: This plan includes everything in Leasing Only Service plus the ongoing tasks associated with a rental business.
- Leasing fee: 50% of one month’s rent
- Monthly management fee: 7% of monthly rent for 10 units and below; 6% of monthly rent for 10-20 units; and 5% of monthly rent for 20+ units
- Lease renewal fee: $150
- 24/7 live leasing agent: $25
- Account setup fee: $150
- Inspection: $50
- Premium marketing package: $150
- Online video walk-through tour: Additional fee
- Social media boosting: Additional fee
- Move-in and move-out inspection: $25
- Annual property inspection: $99
- Eviction services: Additional cost
- Owner’s Benefit Package: $50 for single-family home; $99 for multifamily properties; and $149 for 15+ units
The major discounts on fees for multiple rental properties make Blue Phoenix the best property management company in Trenton for investors with small and big portfolios.
Blue Phoenix Property Management Terms
Blue Phoenix asks owners to sign an initial management contract of 6 months to get a chance to get to know investors and their properties. After the end of the 6 months, the agreement automatically changes to a monthly contract.
Blue Phoenix Property Management Reviews
Around 40 investors and renters have written online reviews of the work of Blue Phoenix Property Management. Their reviews reveal excellent overall ratings.
You can find Blue Phoenix Property Management reviews on:
Happy property owners and tenants praise the excellent, full-service management, the proactive approach, the experienced and competent staff, the helpful and passionate team, and the efficient communication. The few unhappy customers talk about poor experiences and lack of integrity.
How to Get Started with Blue Phoenix Property Management
To get started with the best property management company in Trenton for portfolios, owners of multiple rental properties can submit an online form via the Blue Phoenix Property Management website or call 443-625-1116.
Realty Solutions LLC: Best for Landlord Guarantees
Realty Solutions LLC is a local, full-service property management company serving South New Jersey, including Trenton. Robert Gleaner and David Gorham founded the company in 2001, with headquarters in Audubon, NJ. The team aims to help rental investors achieve the best possible results from their real estate property assets by meeting their needs and exceeding their expectations. Realty Solutions LLC is the best Trenton property management company for landlord protection as they offer more guarantees than other local property managers.
Realty Solutions LLC Property Management Services
Realty Solutions covers the following property management services:
- Property marketing using Buildium, TenantTurner, CodeBox, and Bright MLS with syndication on Zillow, Apartments.com, Apartment List, Zumper, Lovely, and Dwellsy
- Multi-point tenant screening
- Lease execution
- Lease enforcement
- Tenant relations
- Rent collection
- Legal counsel and services
- Owner payout disbursement
- Maintenance management
- Payment of bills
- Monthly owner statements
- Evictions
In addition to these management services, Realty Solutions also offers multiple types of protection for property owners in New Jersey, including:
- Low Vacancy Guarantee: Realty Solutions will provide one month of free property management if they don’t find a qualified tenant for a move-in-ready unit within 21 days.
- Low Eviction Removals Guarantee: The company will pay up to $800 in eviction filing, court fees, removal filing fees, and Sheriff Costs should a tenant be evicted.
- Safe Pets Guarantee: The property manager will cover up to $1,000 in damages caused by an approved pet above the security deposit amount.
- Lease Terms Fulfilled Guarantee: The property management company will place a new tenant for free in case a resident breaks the lease by leaving early.
- Happiness Guarantee: Property owners can cancel the management contract with a 60-day notice.
Realty Solutions LLC Property Management Locations
Realty Solutions serves South New Jersey including the Trenton rental market.
Realty Solutions LLC Property Types
Realty Solutions manages single-family homes and apartment units.
Realty Solutions LLC Property Management Costs
Realty Solutions offers a single service plan:
- Monthly management fee: $129
There are discounts available for multiple units, so Realty Solutions could be a good option for Trenton real estate investors with a portfolio of rental properties.
Add-on services include:
- Premium Bill Pay: This includes the tracking and payment of real estate taxes, property insurance, and mortgage loans.
- Monthly fee: $10/property
- Owner Benefit Package: This includes enrollment in advance payment, protected rental income, eviction protection, real-time alerts on rental housing legislation, and market- and asset-level rental reporting.
- Monthly fee: $49/unit
Realty Solutions LLC Property Management Terms
Realty Solutions works with an initial management agreement of 90 days, which gets automatically renewed at the end of the period. Under the Happiness Guarantee, real estate investors can cancel services at any point with a 60-day notice.
Realty Solutions LLC Property Management Reviews
More than 300 investors and tenants have written online reviews of the services of Realty Solutions LLC. Their reviews lead to very good overall ratings.
You can find Realty Solutions LLC reviews on:
- Birdeye: Currently 4.1/5 stars based on 164 reviews
- Google: Currently 4.1/5 stars based on 144 reviews
- Facebook: Currently 5.0/5 stars based on 18 reviews
Positive reviews highlight the professional management of properties, the great managing systems, the excellent services, the seamless and upfront processes, the transparency, the timely updates, the responses to all questions, the amazing team members who go above and beyond, and the efficient communication. Negative reviews discuss scammy practices, unreasonably high fees, slow implementation of maintenance work, and lack of communication.
How to Get Started with Realty Solutions LLC Property Management
To get started with the best property management company in Trenton for landlord guarantees, real estate investors can fill in an online form on the Realty Solutions LLC website or call 1-855-547-4700.
Takeaway
These are the 6 best property management firms in Jersey City and Trenton. The absolute top property managers for long-term and short-term rentals are HomeRiver Group and Awning, respectively. Property owners who’d like to be able to choose from different plans should consider Del Forno Real Estate, while those who look for clear pricing can check out SureWay Property Management. Blue Phoenix Property Management could be a good option for landlords with portfolios, and investors who appreciate extra guarantees can work with Realty Solutions LLC.