For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakewood Ranch Duplex Opportunity Title is generated by Realmo AI

    84B Gladiola Court, Lakewood, NJ 08701

    View on Map
    Claim this Listing
    Pending
    $195,000

    DUPLEX - Ranch - Lakewood, NJ

    Type:Duplex
    Property size:
    836 SF
    Added:
    Aug 22, 2025
    Days on Market:
    320
    Last Refresh:
    Jul 7 at 6:06 am

    Property Features for 84B Gladiola Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    1
    Bathrooms
    1
    Rooms
    Bedroom 1, Bathroom 1
    Standard status
    Pending
    APN
    15-00012-0000-00084-02
    Size
    836 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4791

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1973
    Floors in Building
    1
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Yishai Natan

    Listing agent Yishai Natan License #1111937

    Listing office Blue Key Realty, LLC 1072 Madison Ave., Lakewood, NJ

    Listing date Aug 22, 2025

    MLS# 22525528 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

    • 1973 ranch home with electric heating
    • Partial gut/renovation work started, ready for buyer finish‑out preferences
    • Gas pulled to the house (per listing information)
    • Public water and public sewer
    • Shingle roof
    • Location noted near the clubhouse (per listing information)

    Overview

    This duplex property, located in Lakewood, NJ, presents an opportunity for customization. The interior has been partially gutted in preparation for finishing. The garage could be converted to add another bedroom, and the front wall could be removed to create a large entrance room. Gas has already been pulled to the house. The property is located near the Clubhouse. The property size is 836 square feet.

    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 $21.4k $25.56
    − Vacancy −$1.4k −$1.65
    EGI $20.0k $23.91
    − OpEx −$6.0k −$7.17
    NOI $14.0k $16.74
    836 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $199.9K
    $174.9K – $233.2K (±1% cap)
    NOI $13,991 @ 7.0% cap · market cap 7.17%
    Second Best
    Apartment 5plus
    $183.7K
    $160.7K – $214.3K (±1% cap)
    NOI $12,856 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Office A
    $218.3K
    $191.0K – $254.7K (±1% cap)
    NOI $15,281 @ 7.0% cap · market cap 7.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Spa & Massage Center Nail Salon Hair Salon Law Firm Dental Office Gym & Fitness Center Restaurant Pharmacy Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.242412
    Latitude
    40.097885

    FAQs

    What type of property is this?
    Duplex - Duplex in Lakewood, NJ, partially gutted and ready to finish.
    Where is this duplex located?
    The property is located at 84B Gladiola Court Lakewood, NJ.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 1973 ranch home with electric heating; Partial gut/renovation work started, ready for buyer finish‑out preferences; Gas pulled to the house (per listing information)
    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