Back 322 Washington Ave
Off Market

322 Washington Ave

Laurel Springs NJ 08021

5
1
2720 sq. ft.
9374 sq. ft.
Duplex
Last sold for $455,000
Maya FelsensteinMaya Felsenstein, last sold this property on 23 June 2025 after 53 days on market.

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!

Features

5 bedrooms
1 carspace
2720 sq. ft. floor area
9374 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Laurel Springs over the last 12 months.

Property history for 322 Washington Ave

2025
Sold
$455,000
23 Jun 2025 by Maya Felsenstein, of Keller Williams Realty - Cherry Hill
2019
Sold
$207,000
26 Aug 2019 by Kenneth Weidler, of BHHS Fox & Roach-Washington-Gloucester

Happy sellers in Laurel Springs

92%
92% of sellers in Laurel Springs reported that their sale price either exceeded or met their price expectations.

Laurel Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Laurel Springs over the last 12 months.

Local market activity for 5 bedroom duplexes in Laurel Springs

In the last 12 months, 3 five-bedroom duplexes similar to 322 Washington Ave, have been sold.

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