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Duplex With Updated Systems
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3 Laurel Avenue, Maplewood, NJ 07040

Two-unit property with improved infrastructure, flexible laundry arrangements, and a fenced outdoor area.

Property SizeContact for details
Days on Market58

Property Features for 3 Laurel Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units
Listing Agency: RE/MAX Professionals 1
Listed By: Felix Rosario · License #283005
Source: Capmarkrealty
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 1:38PM

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 RE/MAX Professionals 1

Investment Insights

Based on property information with market context.

Built in 1921, this duplex includes two residential units with practical separation of living and utility areas. The upper unit offers a bonus room suitable for office use, along with a washer-dryer combination, while the lower unit’s laundry is positioned in the basement. Refrigerators, washers, and dryers are included. A detached garage is currently used for storage and is not configured for vehicle access.

Recent work includes a fully rebuilt roof with new plywood, newer water heaters, and replacement of the plumbing stack and interior sewer line. The property also has a solar panel system that the seller will pay off at closing. Outdoor space includes a backyard with a newly fenced section. The property is located at 3 Laurel Ave in Maplewood Township, near shopping, dining, and transportation, with a walk score of 70 and bike score of 41.

Key Highlights

  • Two‑unit residential property built in 1921
  • Roof rebuilt with new plywood; newer water heaters installed
  • Plumbing stack and interior sewer line replaced

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Hotel & Motel (Bike/Boat/Book/etc) Store Florist Tanning Salon Home Appliance Store

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

1,236
Businesses Nearby

Demographics for 07040, NJ

25,684
Population
8,981
Households
2.9
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
6,586
Density / Sq Mi
$167,428
Median Household Income
$72,475
Median Earnings
$2,184
Median Rent
$684,600
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 - Two-unit property with improved infrastructure, flexible laundry arrangements, and a fenced outdoor area.
Where is this duplex located?
The property is located at 3 Laurel Avenue Maplewood, NJ.
What are key features of this property?
This property features: Two‑unit residential property built in 1921; Roof rebuilt with new plywood; newer water heaters installed; Plumbing stack and interior sewer line replaced
More about this property
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