New Jersey Property Management: 5 Best Options

The New Jersey real estate market has always been a great place to invest in rental properties. The profitable real estate investment opportunities are driven by the strong economy, the good labor market, and the proximity to locations of major importance such as New York City and Philadelphia.

Let Awning find the best property manager for your rental property. Simply fill out the form and Awning will find a property manager that provides the best rates and services for your property.

The 5 best property management companies in New Jersey are:

• HomeRiver Group: Best Overall Property Management Company in New Jersey
• Realty Solutions: Best for Flat Fees
• SureWay Property Management: Best for Clear Pricing
• PMI: Best for Landlord Guarantees
• Real Property Management: Best Large-Scale Property Manager

Meanwhile, you can check out the 6 best property management companies in Jersey City and Trenton here.

How We Selected the Best Property Management Companies in New Jersey

In our ranking of the 6 best property management firms in the State of New Jersey, we focused on the following criteria and indicators:

• Property management services: First of all, we looked for companies that provide high-quality, comprehensive services so that property owners can benefit from passive rental income.
• Property management fees and costs: We made sure that ranked companies have clear pricing models, with competitive rates and no hidden fees.
• Rental market coverage: We selected property managers that cover various parts of the New Jersey market.
• Rental property type coverage: We included firms that work with different types of residential properties rented out on a short-term and long-term basis in order to meet the needs of all New Jersey real estate investors.
• Company size and headquarters: We chose both small, local and big, national property managers as each style of property management comes with its own pros and cons, and investors should be able to choose based on their preferences.
• Use of technology and human efforts: We made sure that included companies benefit from available technologies to optimize 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 and individual reviews of short-listed property management companies to guarantee that they deliver the promises they make on their websites.
• Value for money: We chose the 6 New Jersey property managers that offer the best value for money in the local market.

HomeRiver Group: Best Overall Property Management Company in New Jersey

HomeRiver Group is the biggest, third-party, full-service long-term rental property management company in the US market. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert created the company in 2016, with headquarters in New York, NY. At the moment, HomeRiver Group manages over 40,000 rentals and more than 32,000 homes within HOA associations in 31 states. This widespread coverage has been achieved by acquiring the best property managers in each market and turning them into partners. HomeRiver Group is the top property management company in the State of New Jersey because it provides full-service management at competitive rates.

HomeRiver Group Property Management Services

HomeRiver Group delivers the following services to New Jersey landlords:

• Expert market analysis for maximum ROI
• 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 New Jersey operates in:

• Cherry Hill
• Clifton
• Edison
• East Orange
• Elizabeth
• Jersey City
• Newark
• Old Bridge
• Passaic
• Paterson
• Trenton
• Union City
• Woodbridge

HomeRiver Group Property Types

HomeRiver Group manages single-family homes and small multifamily properties rented out on a long-term basis.

HomeRiver Group Property Management Costs

The New Jersey office of HomeRiver Group does not explain the property management fee structure applicable in the local market. In other locations, the firm charges a mix of flat fees and percentages of rental income, in line with local trends. In all markets, the fees are highly competitive, starting at only 5% of monthly rent.

In general, real estate investors need to pay a leasing fee, a monthly management fee, a lease renewal fee, and inspection fees.

HomeRiver Group Property Management Terms

HomeRiver Group asks property owners to sign an initial contract of 6 or 12 months. After the end of the initial period, month-to-month options are available too.

HomeRiver Group Property Management Reviews

There are around 20 online reviews of the services provided by HomeRiver Group in New Jersey, leading to an excellent online reputation.

You can find HomeRiver Group reviews focused on the New Jersey market on:

• Google: Currently 4.9/5 stars based on 21 reviews

Positive reviews mention the professionalism, the focus on customers, the adequate handling of all issues and concerns, the responsiveness, the directness, the integrity, the professionalism, the attention to detail, the courteousness, the amazing team members that are great to work with, and the quick communication. The only negative review talks about the absence of the team.

How to Get Started with HomeRiver Group Property Management

To get started with the best overall property management company in New Jersey, real estate investors can submit an online form via HomeRiver Group or call 415-941-6642.

Realty Solutions: Best for Flat Fees

Realty Solutions is a local, full-service property management company serving the South Jersey market. Robert Gleaner and David Gorham started the company in 2001, with headquarters in Audubon, NJ. The team strives to help real estate investors achieve the best results from their rental property assets by meeting their needs and exceeding their expectations. Realty Solutions is the best property management company in New Jersey for flat fees as their pricing model makes them stand out from most local property managers that charge percentages of monthly rent.

Realty Solutions Property Management Services

Realty Solutions provides full-service property management covering:

• Property marketing using Buildium, TenantTurner, CodeBox, and Bright MLS, including syndication on Zillow, Apartments.com, Apartment List, Zumper, Lovely, and Dwellsy
• Multi-point tenant screening
• Lease execution
• Lease enforcement
• Tenant relations
• Rent collection
• Owner funds deposit
• Legal counsel and services
• Inspections using digital inspection software
• Systematized maintenance management
• Payment of bills
• Financial management
• Monthly owner statements
• Evictions
• Rehab project management

Furthermore, Realty Solutions offers access to multiple protections for New Jersey real estate investors including:

• Low Vacancy Guarantee: The property manager will provide one month of free property management in case they don’t find a qualified tenant for a move-in-ready unit within 21 days.
• Low Eviction Removals Guarantee: Realty Solutions will pay up to $800 in eviction filing, court fees, removal filing fees, and Sheriff Costs if a tenant needs to get evicted.
• Safe Pets Guarantee: The company 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 firm will place a new tenant for free if a resident breaks the lease by leaving early.
• Happiness Guarantee: Property owners are free to cancel the management contract with a 60-day notice.

Realty Solutions Property Management Locations

Realty Solutions property management services are available in the following cities in Burlington, Camden, Gloucester, and Salem Counties:

• Audubon
• Blackwood
• Cherry Hill
• Collingswood
• Haddon Heights

Realty Solutions Property Types

Realty Solutions manages single-family homes and apartment units rented out on a long-term basis.

Realty Solutions Property Management Costs

Realty Solutions offers a single services plan that is charged at $129 per month.

For an additional $10/property per month, the company is able to pay bills such as real estate tax, property insurance, and mortgage/loans on behalf of property owners.

For another $49/unit per month, investors get access to the Owner Benefit Package, which includes enrollment in Rent Advance, protected rental income, eviction protection, real-time alerts on rental housing legislation, and market- and asset-level rental reporting.

This pricing model with only a few property management fees makes Realty Solutions the top New Jersey property manager for flat fees.

Realty Solutions Property Management Terms

Realty Solutions asks property owners to sign a 90-day initial management agreement that gets automatically renewed to a monthly contract after the end of the period. Under the Happiness Guarantee, investors can cancel services at any time, with a 60-day notice.

Realty Solutions Property Management Reviews

Over 300 property owners and tenants have reviewed the work of Realty Solutions. Their reviews show very good overall ratings.

• Birdeye: Currently 4.1/5 stars based on 168 reviews
• Google: Currently 4.1/5 stars based on 150 reviews
• Facebook: Currently 5.0/5 stars based on 17 reviews

Satisfied New Jersey real estate investors and renters focus on the professionally managed properties, the excellent management systems in place, the top-notch services, the seamless processes, the transparent practices, the prompt updates, the answers to all questions, the wonderful staff members who always go above and beyond, and the efficient communication. Dissatisfied customers complain about scams, unreasonably high fees, sluggish implementation of maintenance requests, and absence of communication.

How to Get Started with Realty Solutions Property Management

To get started with the best property management company in New Jersey for flat fees, rental property investors can submit an online form via the Realty Solutions website or call 855-547-4700.

SureWay Property Management: Best for Clear Pricing

SureWay Property Management is a local, full-service property management company serving the entire New Jersey and Greater Philadelphia markets. Mike Williams founded the company in 2016, with headquarters in Marlton, NJ. The team works on building long-term relationships with rental property investors based on the values of integrity, transparency, reliability, and communication. SureWay Property Management is the top property management firm in New Jersey for simple pricing as their pricing model has clearly defined fees, with no hidden charges.

SureWay Property Management Services

SureWay Property Management delivers comprehensive property management services in the New Jersey market including:

• Professional rental market analysis for the most accurate rental price
• Rental property 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 earnings 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 works in:

• Central Jersey: Allentown, Chesterfield, Colts Neck, Cranbury, East Brunswick, Edison, Freehold, Hamilton, Highland Park, Hightstown, Hopewell, Jackson, Jamesburg, Lakewood, Lawrence, Manchester, Mansfield, Millstone, Milltown, Monroe, New Brunswick, North Brunswick, Pennington, Plainsboro, Robbinsville, South Brunswick, Spotswood, Toms River, Upper Freehold, West Windsor, and Windsor
• Princeton
• South Jersey: Burlington, Cherry Hill, Cinnaminson, Haddonfield, Lumberton, Mantua, Marlton, Moorestown, Mount Laurel, Shamong, Swedesboro, Voorhees, and Washington Township

SureWay Property Management services are also available in Philadelphia.

SureWay Property Management Property Types

SureWay Property Management takes care of single-family homes, townhouses, condos, apartments, duplexes, and other property types rented out on a long-term basis.

SureWay Property Management Costs

SureWay Property Management offers two services packages including leasing only and full-service:

• Marketing Package: This plan covers everything required to rent out a property.

• Leasing fee: One month’s rent
• Lease extension fee: 25% of one month’s rent

• Property Management Package: This plan covers everything necessary to run a long-term rental business.

• Monthly management fee: 8% of monthly rent

The clear, straightforward property management fee structure makes SureWay Property Management the best service provider in New Jersey for simple pricing.

SureWay Property Management Terms

SureWay Property Management does not explain the terms of the management contract that investors need to sign. Thus, interested property owners need to contact the team and ask for a copy that they can review before opting in.

SureWay Property Management Reviews

More than 150 landlords and tenants have written online reviews of the services of 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 82 reviews
• Google: Currently 4.9/5 stars based on 77 reviews
• Facebook: Currently 5.0/5 stars based on 13 reviews

Positive reviews highlight the high-quality services, the hard working team, the dedication, the professionalism, the attention to detail, the streamlined paperwork processes, the knowledge of the local market, the care for customers, the organized and supportive staff, and the always present team. The few negative reviews do not provide much detail.

How to Get Started with SureWay Property Management

To get started with the best property management company in New Jersey for clear pricing, real estate investors can fill an online form on the SureWay Property Management website or call 856-552-0505.

PMI: Best for Landlord Guarantees

There are multiple locally owned and independently operated franchises of Property Management Inc. (PMI), a nationwide real estate property management company providing residential property management, that operate in New Jersey. Steven Hard established the parent company in 2008, with headquarters in Lehi, UT. The team is dedicated to providing property owners with excellent services by maximizing their profitability while preserving their real estate investment. PMI is the best property management firm in New Jersey for landlord protection as they offer more guarantees than other local and national property managers.

PMI Property Management Services

The New Jersey franchises of PMI cover the following property management services:

• Professional rental market analysis
• Property marketing including professional photos and online advertising exposure
• Effective, thorough tenant screening including identify verification, income qualification, income verification, employment verification, credit score, previous tenant history, eviction history, previous landlord verification, and criminal background
• Rent collection
• Payout funds direct deposit
• Transparent owner communication
• Legal compliance
• Regular in-person property inspections
• Responsive 24/7 maintenance support
• Handling urgent and non-urgent maintenance requests
• Maintenance coordination
• Accounting
• Accurate financial reporting
• Evictions

In addition to full-service property management, PMI also provides some important protections to New Jersey real estate investors including:

• 21-Day Guarantee: The company will provide one month of free property management services if they don’t place a tenant within 21 days.
• Eviction Guarantee: The property manager will handle the eviction process and cover up to $2,000 in associated costs or fees should a screened resident placed by them get evicted.
• On-Time Rent Collection: Property owners will have their earnings in their account within 10 business days in months when tenants pay rent on time. Otherwise, they will deliver one month of free property management services.
• Happiness Guarantee: Real estate investors who are not completely happy with the services can leave at any time without any penalty fees, with a 30-day notice.
• Pet Guarantee: PMI guarantees pets to boost the positive results for investors.
• Results Guarantee: The property management does not get paid property management service fees until a tenant moves in and pays rent.
• Leasing Guarantee: PMI will find a new tenant for free in case a resident does not fulfill at least 9 months of a lease term.

The many guarantees that PMI provides to New Jersey rental property investors make it the best rental property management company for landlord protection in the local market.

PMI Property Management Locations

The New Jersey branches of PMI cover the following markets:

• PMI Central New Jersey: East Brunswick, Ewing, Hamilton Township, Lawrence, New Brunswick Township, Plains Borough, South Brunswick, Trenton, and West Windsor
• PMI Essential: Bordentown, East Windsor, Ewing, Hamilton, Hopewell, Lawrence, Princeton, Robbinsville, and West Windsor
• PMI Garden State: Burlington, Cherry Hill, Egg Harbor, Evesham, Gloucester County, Haddondonfield, Marlton, Mount Laurel, Sicklerville, Washington Township, Voorhees, Willingboro, and Winslow
• PMI North Jersey: Cliffside Park, Edgewater, Englewood, Fort Lee, Hackensack, Hoboken, Jersey City, North Bergen, Paramus, River Edge, and Teaneck
• PMI Prime Property: Basking Ridge, Bedminster, Boonton, Bound Brook, Bridgewater, Butler, Chatham, Chester, Clark, Cranford, Denville, East Hanover, Elizabeth, Fanwood, Far Hills, Garwood, Hanover Township, Hillsborough, Hillside, Jefferson, Kinnelon, Linden, Long Hill, Madison, Mendham, Millstone Borough, Mine Hill, Mount Arlington, Mountain Lakes, Morris Plains, Morris Township, Morristown, Netcong, New Providence, Pequannock Township, Plainfield, Rahway, Randolph, Raritan, Rockaway, Scotch Plains, Somerville, Springfield, Summit, Union, Westfield, and Winfield
• PMI SoJay: Atlantic County, Camden, Cherry Hill, Cumberland County, Egg Harbor Township, Gloucester, Haddonfield, Medford, Mount Laurel, Mullica Field, Salem, Swedesboro, Vineland, Voorhees, and Woodbury

PMI Property Types

PMI manages single-family homes and apartment units rented out on a long-term basis.

PMI Property Management Costs

The New Jersey offices of PMI do not provide information about the property management fees charged in the local market. Property owners who’d like to benefit from the available guarantees need to get in touch with the local team and ask for the pricing structure to decide if this is the top New Jersey property manager for their needs.

PMI Property Management Terms

The websites of PMI Central New Jersey and PMI SoJay do not provide a copy of the property contract applied in the local market. So, interested property owners need to contact the local team and ask for a copy to review diligently before moving forward.

PMI Property Management Reviews

There are more than 180 online reviews of the services provided by PMI in New Jersey on third-party websites that show generally positive experiences.

You can find PMI reviews focused on the New Jersey market on:

• Birdeye (PMI Garden State): Currently 3.0/5 stars based on 59 reviews
• Google (PMI Garden State): Currently 3.1/5 stars based on 43 reviews
• Birdeye (PMI Prime Property): Currently 4.6/5 stars based on 13 reviews
• Google (PMI Prime Property): Currently 4.6/5 stars based on 12 reviews
• Birdeye (PMI Central New Jersey): Currently 4.6/5 stars based on 11 reviews
• ChamberofCommerce.com (PMI SoJay): Currently 4.6/5 stars based on 11 reviews
• Google (PMI Central New Jersey): Currently 4.6/5 stars based on 9 reviews
• Birdeye (PMI SoJay): Currently 4.0/5 stars based on 9 reviews
• Thumbtack (PMI North Jersey): Currently 5.0/5 stars based on 9 reviews
• Thumbtack (PMI Prime Property): Currently 4.4/5 stars based on 7 reviews

Happy property owners and tenants write about the great jobs, the easy processes, the comprehensive services, the professionalism, the kindness, the comprehensive care, the promptness, the honesty, the respectable team members, the detailed customer service, and the timely communication. Unhappy customers mention bad management services, lack of professionalism, dishonest practices, and absence of communication.

How to Get Started with Property Management

To get started with the best property management company in New Jersey for landlord guarantees, rental property owners can submit an online form on:

• The PMI Central New Jersey website or call 609-450-3473.
• The PMI Essential website or call 609-310-3033.
• The PMI Garden State website or call 856-210-9615.
• The PMI North Jersey website or call 201-201-0180.
• The PMI Prime Property website or call 973-658-7500.
• The PMI SoJay website or call 856-686-5900.

Real Property Management: Best Large-Scale Property Manager

The New Jersey branches of Real Property Management are local franchises of Real Property Management, a national, full-service property management company managing different types of single-family rental homes.  Kirk McGary and Doug Oler founded the parent company in 1986, with headquarters in Salt Lake City, UT. Currently, Real Property Management services are available in multiple markets across the US and Canada and are performed via 300 franchises. The team aims to help real estate investors turn rental properties into a source of income rather than a source of frustration. Real Property Management is the best large-scale property management firm in New Jersey as they provide comprehensive services at reasonable rates.

Real Property Management Services

In New Jersey, Real Property Management delivers the following services:

• Setting competitive rental rates
• Rent-ready property evaluation
• Comprehensive property marketing and advertising on Zillow, Trulia, and others, including marketing photos
• Property showings
• Thorough tenant screening including credit check, criminal background, employment verification, and rental history
• Professionally prepared lease signing
• Executing all proper contracts
• Move-in condition evaluation
• Rent collection
• Owner earnings distribution
• Regular inside and outside evaluations
• Annual property evaluation
• Cost-effective, reliable maintenance and repairs via an extensive network of contractors
• Comprehensive accounting
• All-inclusive rental property reporting
• Annual 1099s
• Strict and compliant evictions

In some markets, Real Property Management also offers landlord protection including:

• 29-Day Tenant Placement Guarantee
• 60-Day Satisfaction Guarantee
• 120/180-Day Tenant Replacement Guarantee
• Eviction Protection

The comprehensive services and guarantees make Real Property Management the best large-scale company in New Jersey.

Real Property Management Locations

Real Property Management operates in the following areas of the New Jersey market:

• Real Property Management All-Star: Edison, East Brunswick, Franklin, New Brunswick, North Brunswick, and Plainsboro
• Real Property Management Concierge: Cliffside Park, Elmwood Park, Englewood Cliffs, Fort Lee, Garfield, Hackensack, Mahwah, Paramus, and Ridgewood
• Real Property Management NJ Elite: Bernards, Branchburg, Bridgewater, Denville, Flemington, Morristown, Parsippany, Randolph, Roxbury, and Somerville
• Real Property Management North Jersey
• Real Property Management Performance: Middlesex County, Monmouth County, and Ocean County

Real Property Management Property Types

Real Property Management works with single-family homes, townhouses, duplexes, and triplexes rented out on a long-term basis.

Real Property Management Costs

In most New Jersey markets, Real Property Management offers a few different services plans, including both leasing only and full-service property management.

Property owners who need help just renting out their property need to pay one month’s rent.

Meanwhile, the monthly management fees range between 7% and 10% of monthly rent, depending on the market and the service package.

Real Property Management Terms

Real Property Management does not specify the details of the management agreement, so interested landlords need to get in touch with the local branch and ask for a copy to review. It’s important to know what it takes to cancel services when not fully satisfied.

Real Property Management Reviews

Around 50 property owners and renters have reviewed the services provided by Real Property Management in New Jersey. Their reviews lead to generally very good overall ratings.

You can find Real Property Management reviews focused on the New Jersey market on:

• Yelp (Real Property Management All-Star): Currently 4.7/5 stars based on 15 reviews
• Birdeye (Real Property Management NJ Elite): Currently 3.7/5 stars based on 12 reviews
• Facebook (Real Property Management NJ Elite): Currently 5.0/5 stars based on 8 reviews
• Thumbtack (Real Property Management Concierge): Currently 5.0/5 stars based on 7 reviews
• Google (Real Property Management NJ Elite): Currently 3.3/5 stars based on 6 reviews
• ChamberofCommerce.com (Real Property Management  NJ Elite): Currently 3.3/5 stars based on 6 reviews

Satisfied landlords and tenants praise the comprehensive services, the great experiences, the smooth processes, the professionalism, the knowledge, the low vacancies, and the trustworthiness. Dissatisfied customers talk about suboptimal documentation, slow payments, lack of property inspections, and slow implementation of maintenance work.

How to Get Started with Real Property Management

To get started with the best large-scale property in New Jersey, rental property owners can fill in an online form on:

• The Real Property Management All-Star website or call 848-333-0209.
• The Real Property Management Concierge website or call 201-514-1603.
• The Real Property Management NJ Elite website or call 908-955-7487.
• The Real Property Management North Jersey website or call 973-798-2400.
• The Real Property Management Performance website or call 732-289-9337.

Takeaway

These are the 6 best property management companies in New Jersey. HomeRiver Group and Awning are the top property managers for long-term and short-term rentals, respectively. Realty Solutions is a good option for owners who prefer to pay a flat fee, while SureWay Property Management could work out for those who value simple pricing structures. Investors who would like maximum protection for their property should check out PMI, and those who prefer to work with a major company can consider Real Property Management.