322-324 Washington Avenue, Laurel Springs, NJ 08021
- Beds
- 5
- Sqft
- 2,720
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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!
Location
Full feature list
Basic info
- Number of bedrooms
- 5
- Square feet
- 2,720
- Lot size (acres)
- 0.22
- Year built
- 1893
Interior features
- Basement
- Yes
Utilities
- Heating
- Natural gas, Forced air
- Cooling
- Ceiling fan(s), Window unit(s), Electric
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $11,116
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: NJCD2091624 Last checked: …

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