1 Lakeview Drive, Plumsted, NJ 08533
MULTI_FAMILY - Plumsted, NJ
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 8:06 pm
Property Features for 1 Lakeview Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- On Street
- Basement
- Full
- Standard status
- Active
- APN
- 24-00030-0000-00015
- Size
- 1,760 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7779
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Wood
- Building materials
- Aluminum Siding
- Roof type
- Shingle
Listing agent James Traynham License #1327427 (609) 298-9888
Listing office Smires & Associates Bordentown 375 Farnsworth Ave., Bordentown, NJ (609) 298-9888
Listing date Jun 26, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1920 with aluminum siding and shingle roof
- Two 2‑bedroom, 1‑bath units with ceramic tile and wood flooring
- Baseboard heating and public utilities, including public water and public sewer
- Two bathrooms total across the duplex (Bathroom 1 and Bathroom 2)
- Includes basement and outdoor storage area for extra space
Overview
The duplex is located in Plumsted, NJ, with nearby access to local shopping, dining, and schools. It is also described as being convenient to major commuter routes, supporting practical day-to-day travel for residents or tenants.
For prospective owners, the layout supports flexible occupancy options, whether you plan to occupy one unit while renting the other or to operate both units as residential income. The combination of two self-contained units, in-unit finishes highlighted by wood flooring, and dedicated outdoor storage makes this property well-suited for buyers seeking a straightforward residential income structure with manageable, everyday utility.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $25.56 |
| − Vacancy | −$2.9k | −$1.65 |
| EGI | $42.1k | $23.91 |
| − OpEx | −$12.6k | −$7.17 |
| NOI | $29.5k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Plumsted
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.532797
- Latitude
- 40.067179
