How to Sell a Fire Damaged House in New Jersey? Everything You Need To Know

by | Apr 26, 2022 | Selling Advice

If your house has been damaged by a fire, don’t worry!

You can still sell it. Fire damage can be a huge turnoff for potential buyers, but with the right strategy, you can sell your house quickly and for a good price.

In this blog post, we will discuss the best ways to sell a fire-damaged house in New Jersey.

We will cover everything from contacting insurance companies to hiring real estate agents.

Follow our tips and you will be able to sell your house quickly and without any stress!

Do you need to repair fire damage before selling your house?

The short answer to this question is no – you do not need to repair fire damage before selling your house.

If a home has suffered serious fire damage, it will likely be listed at a lower price than comparable properties and may not sell for some time.

However, even in the unlikely scenario that the damages caused by the fire increase the cost of repairs beyond what is reasonable for buyers, most lenders will offer to take these damages into account when assessing the value of the property.

Ultimately, it is up to each seller whether or not they want to put forth the effort and expense required for repairing damage from a past fire before listing their home on the market.

Nevertheless, it is important to explore all of your options and consider financial realities when deciding how best to proceed.

house with fire damaged roof

What are my options for selling my fire-damaged home?

When a property is damaged by a fire, the first step for most owners is to decide whether to sell the damaged property or repair it.

#1: Sell your home as-is to investors

One option for selling a fire-damaged property is to list it as-is and market it to investors and builders who specialize in fire reconstruction projects.

This approach can be effective because these buyers know how to assess and potentially rehabilitate properties that have been impacted by fires.

Furthermore, they typically have access to materials and supplies that can speed up the rebuilding process.

On the other hand, this approach may not be suitable for all sellers, as it requires a willingness on the part of homeowners to give up control over the outcome of their property.

#2: Restore your home before selling

The second option is to fully restore your home before you decide to list it on the market.

When buyers see fire damage, they may be concerned about the safety of the property and the potential for further damage.

As a result, it’s essential to restore your fire-damaged house before putting it on the market.

The good news is that several companies in New Jersey that specialize in fire restoration.

These companies can clean up the damage and make any necessary repairs, restoring your home to its pre-fire condition.

In addition, they can also provide you with a fire damage report, which will give buyers peace of mind when making an offer on your property.

Fire restoration company scraping damaged paint from ceiling

Does home insurance cover fire damage?

Home insurance policies typically cover fire damage, but the amount of coverage may vary depending on the insurer.

In New Jersey, most home insurance policies will cover at least some of the costs associated with fire damage.

However, it is important to read the fine print of your policy to make sure that you are fully protected.

Some policies may exclude certain types of damage, such as smoke or water damage.

In addition, there may be limits on the amount of coverage for personal belongings or structural damage.

As a result, it is important to be familiar with the terms of your home insurance policy before a fire occurs.

Do You Have to Disclose Fire Damage when Selling the House?

It depends.

There is no single answer to this question, as it depends on the specifics of the fire damage and how much of an impact it has had on the property.

In general, however, fires can be classified into two main categories: non-permanent damage and permanent damage.

Non-permanent damage refers to minor damage caused by fires that can generally be easily fixed, such as smoke or soot cleanup or replacing carpeting or walls that were exposed to flames.

No disclosure is necessary for these types of fires, and any repairs that are needed can usually be completed relatively quickly at a low cost.

In contrast, permanent fires leave much more significant and long-lasting consequences for a home, including structural issues, soot buildup in walls or ceilings that permeates insulation, water, or chemical damage from fighting the fire itself.

These types of fires require extensive repair work before they are safe for habitation again and could delay or reduce the appeal of your home to potential buyers if not properly addressed before the sale.

How Much Does Fire Damage Restoration Cost?

According to, homeowners typically pay between $2,867 and $33,938, with a national average of $17,440 for a full repair.

In addition to the cost of restoration, you will also need to factor in the cost of temporary housing and storage for any belongings that are not able to be restored.

Fire damage can be devastating, but with quick action and a professional restoration company, you can get your home or business back to normal.

Final Thoughts

Selling a fire-damaged house in New Jersey does not have to be a stressful or difficult process.

By taking the time to understand your options and working with a professional restoration company, you can sell your property quickly and for a fair price.

If you have any questions about selling a fire-damaged house in New Jersey, request a free cash offer quote by clicking the button down below!

We would be happy to help you through the process and answer any of your questions.

Learn more about selling your New Jersey home by reading our other resources:

  1. How Much Does a Home Inspection Cost in NJ?
  2. Can You Sell a House with a Bad Roof in NJ?

Ronaldo Stewart
Ronaldo Stewart

Ronaldo Stewart is a seasoned real estate professional with three years of experience in helping people sell their homes and has established himself as a trusted and knowledgeable resource in the real estate community.

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