Two-Unit Duplex with Separate
275 Laurence Parkway South Amboy, NJ 08879
For Sale
$599,999
MULTI_FAMILY - South Amboy, NJ
Property Size1,900 SF
Lot Size0.05 Acres
Price / SF$315.79
Days on Market24
Property Features for 275 Laurence Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
- Parking features
- Off Street
- Exterior features
- Ocean View
- Fencing
- Fenced
- Basement
- Walk-Out Access, Full
- Standard status
- Active
- APN
- 15-00009-0000-00275
- Size
- 1,900 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7343
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Forced Air
- Water source
- Public
- Water front features
- Ocean Front
- Water front
- 1
Building Details
- Year built
- 1915
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing Agency:
Goldstone Realty
(732) 898-3400
Listed By:
Dominick Ali Jr.
(732) 898-3400
Added: Jun 30
Changed: Jul 21
Last Checked: Jul 23 at 11:06AM
MLS# 22619712
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.
Investment Insights
Based on property information with market context.
This two-family duplex at 275 Laurence Parkway in South Amboy, NJ (1900 square feet on a 0.05-acre lot) is arranged for straightforward day-to-day operation. The property has separate entrances and separate utilities, supporting independent living for each unit. Unit one features 2 bedrooms and 1 bath, while unit two features 3 bedrooms and 1 bath. Both units are described as rental-ready. A full basement adds practical space for storage. Outside, there is also a small fenced yard for tenant use.
The home is described as offering water views from the doorstep. It is a residential income property with a layout designed to serve multiple households under one roof.
For investors or owner-operators, the two separate, rental-ready units with independent entrances and utilities can simplify management compared with a single-tenant arrangement. The mix of a smaller 2-bedroom unit and a larger 3-bedroom unit provides flexibility for tenant profiles, while the basement and fenced yard support everyday livability.
The home is described as offering water views from the doorstep. It is a residential income property with a layout designed to serve multiple households under one roof.
For investors or owner-operators, the two separate, rental-ready units with independent entrances and utilities can simplify management compared with a single-tenant arrangement. The mix of a smaller 2-bedroom unit and a larger 3-bedroom unit provides flexibility for tenant profiles, while the basement and fenced yard support everyday livability.
Key Highlights
- Ocean‑front property with ocean view exterior features
- Two‑family home with separate entrances and separate utilities
- Unit mix: 2BR/1BA and 3BR/1BA
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 | $48.6k | $25.56 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $45.4k | $23.91 |
| − OpEx | −$13.6k | −$7.17 |
| NOI | $31.8k | $16.74 |
1,900 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$454.3K
$397.5K – $530.0K
NOI $31,799 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$417.4K
$365.2K – $487.0K
NOI $29,218 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$496.1K
$434.1K – $578.8K
NOI $34,729 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family duplex offers separate entrances, two- and three-bedroom units, and a basement with fenced yard.
Where is this duplex located?
The property is located at 275 Laurence Parkway South Amboy, NJ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Ocean‑front property with ocean view exterior features; Two‑family home with separate entrances and separate utilities; Unit mix: 2BR/1BA and 3BR/1BA
