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Two-Unit Residential Income Duplex
For Sale
$649,900

713 Laurel St, Boonton, NJ 07005

Duplex with two 2-bedroom units, each with basement laundry access, plus a detached two-car garage and usable yard.

Property SizeContact for details
Days on Market49

Property Features for 713 Laurel St

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,840

Building Details

Year Built 1880
Units 2
Listing Agency: COLDWELL BANKER REALTY
Listed By: ANTHONY FREDERICO
Source: Elliman
Added: Jul 19 Changed: Aug 24 Last Checked: Sep 4 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This classic older duplex offers two separate residential units, each configured with two bedrooms. The property includes basement access for each unit with laundry, and a dreamy front porch. A detached two-car garage and a usable yard add practical outdoor and parking utility.

The property is described as being convenient to Main Street shopping and major transportation. Walk and bike scores are noted as 66 (somewhat walkable) and 44 (somewhat bikeable), respectively.

As presented, the duplex is currently occupied by two long-term tenants, providing an income-producing setup for an owner-operator or investor looking for continued tenancy.

Key Highlights

  • Duplex built in 1880 with two 2‑bedroom units
  • Each unit includes basement access for laundry
  • Detached 2‑car garage on site

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Bakery Parking Lot & Garage Restaurant Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby

Demographics for 07005, NJ

15,985
Population
6,115
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
96%
High-School Grad
18.3 sq mi
ZIP Area
873
Density / Sq Mi
$126,411
Median Household Income
$66,198
Median Earnings
$1,779
Median Rent
$565,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 2-bedroom units, each with basement laundry access, plus a detached two-car garage and usable yard.
Where is this duplex located?
The property is located at 713 Laurel St Boonton, NJ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Duplex built in 1880 with two 2‑bedroom units; Each unit includes basement access for laundry; Detached 2‑car garage on site
More about this property
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