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Two-Unit Ranch Duplex

79 Monroe Ave, Victory Gardens, NJ 07801

For Sale
New
$550,000

Both residences have private laundry rooms, separate utility services, and individual driveways.

Property SizeContact for details
Days on Market3

Property Features for 79 Monroe Ave

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Parking per Unit 2
Individually Metered Utilities gas, electricity, water

Taxes and HOA fees

Annual Taxes $7,649

Amenities

laundry room
backyard

Building Details

Units 2
Listing Agency: RE/MAX SELECT
Listed By: JOSEPH MORREALE · License NJ #245954
Source: Elliman
Added: Nov 10 Last Checked: Nov 12 at 7:44AM

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 SELECT

Rey
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Investment Insights

Based on property information with market context.

This step-free ranch duplex contains two residences, each arranged with two bedrooms, a full bathroom with tub and shower, a living room, an eat-in kitchen, and a dedicated laundry room. A large backyard serves the property, and each unit has its own driveway with parking for two cars.

Natural gas and electric service are separately metered for each residence. Both units are connected to public water and sewer. The property is near major routes, public transportation, and shopping.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bathroom
  • Step‑free ranch configuration with a living room, eat‑in kitchen, and private laundry in each unit
  • Separate natural gas and electric service for both units

Property Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 07801, NJ

25,935
Population
9,442
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
81%
High-School Grad
13.0 sq mi
ZIP Area
1,995
Density / Sq Mi
$78,053
Median Household Income
$37,316
Median Earnings
$1,747
Median Rent
$369,400
Median Home Value

Market

Properties on Market for Duplexes in Morris County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have private laundry rooms, separate utility services, and individual driveways.
Where is this duplex located?
The property is located at 79 Monroe Ave Victory Gardens, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; Step‑free ranch configuration with a living room, eat‑in kitchen, and private laundry in each unit; Separate natural gas and electric service for both units
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