#NJCD2072544, Jonathan Zachary Benstead, Listing Office: BHHS Fox & Roach-Marlton
322-324 Washington Ave Laurel Springs, NJ 08021
Property details
About 322-324 Washington Ave
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!
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Basement: Yes
- Interior: Attic, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Table Space, Dining Area
- Parking: Crushed Stone,Gravel Driveway, Driveway,On Street
- Exterior: Sidewalks
- Architectural Style: Colonial, Dwelling with Rental, Side-by-Side
- Heating: Forced Air
- Cooling: Window Unit(s), Ceiling Fan(s)
- List Price: $425,000
- Price/SqFt: $156
- Directions: .
- Year Built: 1893
- Living Area: 2,720 SqFt
- Municipality: Laurel Springs Boro
- Lot Size: 0.22 Acres
- MLS Number: NJCD2091624
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty
- Office Phone: (856) 321-1212
- Office Email: klrw653@kw.com
- Listing Agent: Maya Felsenstein
- Agent Phone: (561) 797-7899
- Agent Email: maya@mayafelsensteingroup.com
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Last updated on: 5/23/2025, 4:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
322-324 Washington Ave
$5,047
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Lindenwold School #4
Public District PK-4
1.1 mi
•900 E Gibbsboro Rd
2
Dr. Albert M. Bean School
Public District PK-5
1.3 mi
•70 E 3rd Ave
6
Laurel Springs School
Public District PK-6
1.4 mi
•623 Grand Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,346. Residents of Laurel Springs, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 322-324 Washington Ave in Laurel Springs, NJ and zip code 08021. This 2,720 square foot home, which was built in 1893, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $425,000.
The number of listings in Laurel Springs, NJ increased by 81.3% between March and April 2025. The median list price of listings available in April 2025 was $287,900, while the average time on the real estate market was 46 days.