NOT LISTED FOR SALE

31 Eldridge Ave Lawrence Township, NJ 08648

Estimated Value: $512,000 - $598,000

5 Beds
3 Baths
2,480 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2025

Last sale price $557,500 $225 Per Sq Ft

Current estimated payment $3,497 / mo

36 Days on Market

Highlights

  • Colonial Architecture
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Lawrence High School Rated A-

About This Home

As of January 2025

THE NUMBERS WORK! DON'T MISS OUT ON YOUR CHANCE TO OWN THIS AMAZING INVESTMENT PROPERTY!! Charming Two-Family Home in the heart of Lawrence Township, with Private Entrances, Ample Parking and recent New Roof.
Welcome to this beautifully maintained two-family, Four Square colonial style home , perfect for investors or homeowners seeking a multi-generational living arrangement. This property features two spacious units, each with their own private entrance, ensuring comfort and privacy for all occupants.
First Floor Unit:
Step into the inviting first-floor unit, where you’ll find 2 generous bedrooms and 2 full baths, providing ample space for relaxation and convenience. The bright living room seamlessly flows into the dining area, creating an ideal setting for entertaining. Gorgeous hardwood floors run throughout, accentuating the warmth of the home.
The highlight of this unit is the stunning sunroom, perfect for enjoying your morning coffee or unwinding with a good book. Additional features include a dedicated laundry area, a back deck for outdoor enjoyment, and a large covered front porch that adds charm and character. Parking is a breeze with a private driveway that accommodates 4+ cars.
Second Floor Unit:
The spacious second-floor unit boasts 3 well-appointed bedrooms and a full bath, making it perfect for families or guests. A cozy den offers additional living space for relaxation or a home office, while the dining room provides a lovely area for family meals. This unit also includes its own laundry facilities for added convenience. The private driveway can accommodate 2 cars, ensuring easy access for residents.
Additional Features:
This property includes a walk-up attic, providing ample storage space for all your belongings. The well-maintained exterior and inviting curb appeal make this home a must-see.
Located in a desirable neighborhood close to highly rated schools, parks, shopping, and public transportation, this two-family home is an incredible opportunity for both investors and families looking to live together while maintaining individual spaces.
So many options. Live in one unit and rent the other or keep as an investment property and rent both units. You also have the option to return it to a single family residence. Don’t miss out on this rare gem—schedule your showing today and explore the possibilities!

Last Agent to Sell the Property

Linda DiPalma

(732) 449-8886 jmcclaren@weichertrealtors.net Weichert Realtors - Spring Lake License #2185279 Listed on: 10/26/2024

Weichert Realtors - Spring Lake

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1940

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 60.00 x 70.00

Parking

  • Driveway

Home Design

  • 2,480 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Frame Construction

Schools

  • Lawrence High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00039
  • Assessor Parcel Number 07-01316-00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,330

Year Built

Built in 1940

Lot Details

4,200 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Expected On Market: 2024-10-26
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2480
  • Living Area Sq Ft: 2480
  • Price Per Sq Ft: 241.90
  • Above Grade Finished Sq Ft: 2480
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: LAWRENCE H.S.

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 60.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Zoning: R-4

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6330.00
  • Assessor Parcel Number: 07-01316-00039
  • Tax Lot: 00039
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Manickam Murugan and Ganesan Vijayalakshmi
Bought by
Ssquare Housing Llc
Current Estimated Value
$558,247

Purchase Details

Listed on
Oct 26, 2024
Closed on
Jan 8, 2025
Sold by
Gagliardi Josephine and Dipalma Linda A
Bought by
Manickam Murugan and Ganesan Vijayalakshmi
Seller's Agent
Linda DiPalma
Weichert Realtors - Spring Lake
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$599,900
Sold Price
$557,500
Premium/Discount to List
-$42,400
-7.07%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.11%
Original Mortgage
$339,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ssquare Housing Llc -- American Land Title
Ssquare Housing Llc -- American Land Title
Manickam Murugan $557,500 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manickam Murugan $339,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $557,500 0.0% $225 / Sq Ft
01/10/2025 01/10/25 Sold $557,500 -7.1% $225 / Sq Ft View Prior Sale
10/26/2024 10/26/24 For Sale $599,900 0.0% $242 / Sq Ft
10/25/2024 10/25/24 For Sale $599,900 -- $242 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,459 $208,500 $62,000 $146,500
2024 $6,330 $208,500 $62,000 $146,500
2023 $6,330 $208,500 $62,000 $146,500
2022 $6,215 $208,500 $62,000 $146,500
2021 $6,136 $208,500 $62,000 $146,500
2020 $6,051 $208,500 $62,000 $146,500
2019 $5,974 $208,500 $62,000 $146,500
2018 $5,838 $208,500 $62,000 $146,500
2017 $5,811 $208,500 $62,000 $146,500
2016 $5,725 $208,500 $62,000 $146,500
2015 $5,567 $208,500 $62,000 $146,500
2014 $5,463 $208,500 $62,000 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2050394

Bright MLS

APN: 07-01316-0000-00039

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