Listing provided courtesy of: Keller Williams Realty.
322-324 Washington Avenue
Laurel Springs, NJ 08021-
Est. Payment/ mo
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!
PROPERTY DETAILS
- Price $425,000
- Price / Sq Ft $156
- Beds 5
- Bldg/Unit Size (Sq Ft) 2,720
- Building Units 1
- Land/Lot Size (Sq Ft) 9,583
- Property Type Residential Income
- Year Built 1893
- MLS Number NJCD2091624
- Days on Market 12
TAXES & HOA
- Annual Taxes (USD) $11,116
CONSIDER SIMILAR LISTINGS
OPEN HOUSE: 05/18 (12 - 2 PM)
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: 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 assumes 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. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 11:29:12
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