$ 455,000 $ 425,000 7.1%

322-324 WASHINGTON AVE

Laurel Springs, NJ 08021

  • 2,720 SqFt
  • 9,374 Lot Size
  • 1893 Year Built
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!
Listed by Maya Felsenstein of Keller Williams Realty , Sold By NON MEMBER of Non Subscribing Office

PROPERTY DETAIL

  • Key Details

    Sold Price $455,0007.1%

    Property Type Multi-Family

    Sub Type Twin/Semi-Detached

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 720 sqft

    Price per Sqft $167

    MLS Listing ID NJCD2091624

    Sold Date 06/23/25

    Style Colonial, Dwelling with Rental, Side-by-Side

    Abv Grd Liv Area 2,720

    Year Built 1893

    Available Date 2025-05-01

    Annual Tax Amount $11,116

    Tax Year 2024

    Lot Size 9,374 Sqft

    Acres 0.22

    Lot Dimensions 75.00 x 125.00

    Property Sub-Type Twin/Semi-Detached

    Source BRIGHT

  • Location

    State NJ

    County Camden

    Area Laurel Springs Boro (20420)

    Zoning RESIDENTIAL

  • Rooms

    Basement Interior Access

  • Building

    Foundation Other

    Above Ground Finished SqFt 2720

    Sewer Public Sewer

    Water Public

    Architectural Style Colonial, Dwelling with Rental, Side-by-Side

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

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

    Hot Water Natural Gas

    Heating Forced Air

    Cooling Window Unit(s), Ceiling Fan(s)

    Fireplace N

    Heat Source Natural Gas

  • Exterior

    Exterior Feature Porch(es)

    Garage Spaces 1.0

    Water Access N

    Accessibility None

    Porch Porch(es)

    Total Parking Spaces 1

    Garage N

  • Schools

    School District Sterling High

  • Others

    Tax ID 20-00028-00002 01

    Ownership Fee Simple

    SqFt Source 2720

    Special Listing Condition Standard

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CONTACT

Maya Felsenstein
Maya Felsenstein

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