USANJLaurel Springs322 Washington Ave
324 - 322 Washington Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Laurel Springs NJ | Image 1
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$455,000

324 - 322 Washington Ave, Laurel Springs, NJ

Real Estate

Sold

$--,---,---
$425,000
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  • Key Facts
  • Description
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Key Facts

Type Duplex
Levels Residential Income
Size 2720 sqft
Garage No
Taxes $11,116
Lot Size 
Approx. Age 1893
Avg. Price Per Sqft $156
MLS® Number NJCD2091624

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Investment Opportunity: Duplex with Potential Third Unit! Don’t miss this incredible opportunity to own an income-producing duplex with the potential to convert into a triplex! Currently configured as a duplex, the property features: Unit 1: A spacious 3-bedroom, 1.5-bath unit with private access to the basement (with laundry) and attic. The walk-up attic is currently used for storage but offers a separate exterior entrance and is secured with a deadbolt—making it a prime candidate for conversion into a third income-generating unit. Estimated rental income: $2, 300/month. (Professional photos of unit 1 taken 4/29) Unit 2: A 2-bedroom, 1-bath unit that is currently tenant-occupied through November 2025, generating $1, 800/month. The optional third unit (attic conversion) could bring in an estimated $900–$1, 000/month, significantly increasing the property’s income potential. Both units share a charming front porch, rear yard and Unit 1 has a separate enclosed porch entry to their private living spaces as well as each having separate back porches. Utilities are separately metered, except for heat, which is paid by the owner and included in the rent. Photos of Unit 2 have been provided by the seller. Whether you’re looking to house-hack or add a high-potential property to your portfolio, this one checks all the boxes!Show Description
MLS® NumberNJCD2091624
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
ExteriorSidewalks
GarageNo
Approx. Age1893
BasementInterior Access
DrivewayCrushed Stone, Gravel Driveway, Driveway, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/CWindow Unit(s), Ceiling Fan(s), Electric
Heating Fuel

Extras

existing appliances (Washer dryer in basement negotiable - excluded initially), light fixtures

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