For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Well-Maintained Duplex with Storage Title is generated by Realmo AI

    1 Lakeview Drive, Plumsted, NJ 08533

    View on Map
    Claim this Listing
    New
    For Sale
    $375,000

    MULTI_FAMILY - Plumsted, NJ

    Property size:
    1,760 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $213/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 9:06 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

    We can help!

    Contact an agent
    James Traynham
    James Traynham

    Listing agent James Traynham License #1327427

    Listing office Smires & Associates Bordentown 375 Farnsworth Ave., Bordentown, NJ

    Listing date Jun 26, 2026

    MLS# 22619515 Listing URL

    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

    This well-maintained duplex offers two separate, spacious residential units, each configured as two bedrooms and one bathroom. Interior finishes include beautiful wood flooring throughout the units, providing a consistent look and feel across living areas. Outside, the property includes an outdoor storage area, adding convenient extra space for tools, bicycles, and seasonal items.

    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
    1,760 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $420.8K
    $368.2K – $490.9K (±1% cap)
    NOI $29,456 @ 7.0% cap · market cap 7.85%
    Second Best
    Apartment 5plus
    $386.6K
    $338.3K – $451.1K (±1% cap)
    NOI $27,065 @ 7.0% cap · market cap 7.22%
    Theoretical Best
    Office A
    $459.6K
    $402.1K – $536.2K (±1% cap)
    NOI $32,170 @ 7.0% cap · market cap 8.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Plumsted
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.532797
    Latitude
    40.067179

    FAQs

    What type of property is this?
    Duplex - Two 2-bedroom, 1-bath units with wood flooring and outdoor storage, offering flexible owner and rental use.
    Where is this duplex located?
    The property is located at 1 Lakeview Drive Plumsted, NJ.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message