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Two-Unit Residential Income Property
For Sale
$399,000

22 Meadows Rd, Lafayette, NJ 07848

Duplex-style layout with two separate units: a 3-bedroom/1-bath first-floor unit and a 2-bedroom/1-bath second-floor unit.

Property SizeContact for details
Days on Market68

Property Features for 22 Meadows Rd

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multi Family Home

Additional Details

Multifamily Units 2

Building Details

Year Built 1890
Units 2
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Gretchen E. Torres · License #231175
Source: Betterhomerealestate
Added: Jul 3 Changed: Sep 8 Last Checked: Sep 8 at 6:37AM

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 two-unit residential income property features a duplex-style arrangement on expansive, park-like grounds. The first-floor unit includes three bedrooms and one full bathroom. The second-floor unit offers two bedrooms and one full bathroom.

Set in Lafayette Township, the property is described as a short stroll to the township’s downtown, with local shops and everyday conveniences nearby. Bike and walking access are noted as somewhat limited, with BikeScore of 5 and WalkScore of 21, indicating a car-dependent setting.

The layout supports flexible occupancy and ownership configurations, with each floor operating as a separate residential unit. The surrounding grounds provide outdoor space for everyday enjoyment and recreational use.

Key Highlights

  • Duplex‑style property with two separate units
  • First‑floor unit: 3 bedrooms and 1 full bathroom
  • Second‑floor unit: 2 bedrooms and 1 full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Electrical Service Big Box & Wholesale Store Furniture & Home Goods Pharmacy Bakery

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

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 07848, NJ

4,818
Population
1,694
Households
2.8
Avg Household Size
52
Median Age
38%
College-Educated
93%
High-School Grad
22.9 sq mi
ZIP Area
210
Density / Sq Mi
$116,042
Median Household Income
$65,511
Median Earnings
$1,438
Median Rent
$412,500
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-style layout with two separate units: a 3-bedroom/1-bath first-floor unit and a 2-bedroom/1-bath second-floor unit.
Where is this duplex located?
The property is located at 22 Meadows Rd Lafayette, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex‑style property with two separate units; First‑floor unit: 3 bedrooms and 1 full bathroom; Second‑floor unit: 2 bedrooms and 1 full bathroom
More about this property
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