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    198 Laurel Ave Hazlet, NJ 07734

    Pending
    For Sale
    $675,000

    MULTI_FAMILY - Hazlet, NJ

    Property size:
    3,112 SF
    Lot size:
    0.24 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 198 Laurel Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 6
    Bedrooms
    6
    APN
    18-00024-0000-00036
    Parking features
    On Street, Carport
    Exterior features
    Lighting
    Basement
    Full, Walk-Out Access
    Size
    3,112 SF
    Lot size
    0.24 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Zoned
    Water source
    Public

    Building Details

    Year built
    1923
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic, Wood
    Roof type
    Shingle

    Weichert Realtors-Middletown (732) 899-9700

    Listing agent Thomas J Connors (732) 946-9400

    Listing date Oct 1, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hazlet Multifamily Income Property

    This Hazlet property is a legal two-family residence with upgrades, presenting income potential. Unit A is a ranch-style apartment featuring two bedrooms, one full bathroom, and a combined family/kitchen area, complemented by a front porch. Unit B spans two floors and includes a first-floor kitchen with a pantry and ceramic floors, a dining/living room with wood floors, two bedrooms with wood floors, and a renovated full bathroom. The second floor of Unit B offers a kitchenette, two bedrooms, an oversized primary bedroom, a family room, and a full bathroom. New central air conditioning has been installed. The property includes a basement, an oversized one-car garage with extra storage space, and a carport. Situated on a 0.24-acre lot, the property offers 3112 square feet of living space. It is conveniently located near Hazlet schools.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazlet
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.14126
    Latitude
    40.44255

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    FAQs

    What type of property is this?
    Duplex - Legal 2-family property in Hazlet with upgrades and income potential.
    Where is this duplex located?
    The property is located at 198 Laurel Ave Hazlet, NJ.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Great income potential as a legal 2-family property.; - Unit B features a spacious layout spanning two floors with **4 bedrooms, 2 bathrooms, and 2 kitchen areas.**; - Upgraded with new central air conditioning for enhanced comfort.
    (732) 946-9400
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    198 Laurel Ave Hazlet, NJ 07734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Laurel Ave Hazlet, NJ 07734
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