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322 324 Washington Avenue

Laurel Springs, NJ 08021

– beds
– baths
2,720 sqft
9,374 sqft lot
$156 per sqft
1893 build

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!

Listing courtesy of BRIGHT / Keller Williams Realty

Last checked: Checking… • Last updated May 6, 2025 •

MLS# NJCD2091624 —

The Building

Year Built:

1893
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame
Building Units Total:

1
Structure Type:

Twin/Semi-Detached
Architectural Style:

Colonial, Dwelling with Rental, Side-by-Side
Accessibility Features:

None
Foundation Details:

Other
Basement:

Yes
Basement Type:

Interior Access
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2720

Interior

Interior Features:

Attic, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Table Space, Dining Area
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2720
Living Area SqFt:

2,720 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Subject to Home Choice, Subject to Existing Lease, 31-60 Days CD

Location

Latitude:

39.82292175
Longitude:

-75.00501251

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.22
Lot Size Source:

Assessor
Lot Size Dimensions:

75.00 x 125.00
Lot Dimensions Source:

Assessor
Lot SqFt:

9,374 Sqft
Inclusions:

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

Tenant Property in both units.
Zoning:

RESIDENTIAL
Outdoor Living Structures:

Porch(es)
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

20-00028-00002 01
Tax Year:

2024
Tax Lot:

00002 01
Tax Annual Amount:

$11,116
Tax Assessed Value:

$199,800
Year Assessed:

2024
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Window Unit(s), Ceiling Fan(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Sterling High
School District Source:

Listing Agent

The Community

Exterior Features:

Sidewalks
Pool:

No Pool

Parking

Total Garage and Parking Spaces:

1
Garage:

No
Type of Parking:

Driveway, On Street
Parking Features:

Crushed Stone, Gravel Driveway
Driveway - # of Spaces:

1

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/30/25 Apr 30, 2025	Listed / Active	BRIGHT	$425,000

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This multifamily located in Laurel Springs, NJ 08021 is currently for sale for $425,000. 322 324 Washington Avenue is a 2,720 square foot multifamily with – beds and – baths.

Listing Courtesy of: BRIGHT and Keller Williams Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.