322 WASHINGTON AVE Laurel Springs, NJ 08021
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $156
MLS Listing ID NJCD2091624
Style Colonial,Dwelling with Rental,Side-by-Side
Abv Grd Liv Area 2,720
Originating Board BRIGHT
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
Property Description
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
State NJ
County Camden
Area Laurel Springs Boro (20420)
Zoning RESIDENTIAL
Rooms
Basement Interior Access
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)
Inclusions existing appliances (Washer dryer in basement negotiable - excluded initially), light fixtures
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
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial, Dwelling with Rental, Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Sterling High
Others
Tax ID 20-00028-00002 01
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
