$325,000
PENDING

509 Laurel St Beverly, NJ 08010

Estimated payment $2,327/month

Total Views 2,735
Studio
-- Bath
1,940 Sq Ft
$168 Price per Sq Ft

Highlights

  • Colonial Architecture
  • More Than Two Accessible Exits
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • 2-minute walk to Municipal park Development

About This Home

Welcome to this Remodeled cash-flowing duplex. It's turnkey and has 2 tenants in place. 1st floor is on their 2nd lease renewal, monthly $2,125 and lease will renew or end Aug 2026. Has basement and deck. Upstairs $1700 monthly, lease renews or ends July 2026. Updates: New Kitchens, New bathrooms, paint, floors, new roof. Back deck with bonus shed. Top unit has bonus attic. Quiet street. Tenants in place with strong rental income. If you're looking to add to your rental portfolio, add this one to your list! If you're looking for your first investment property, this is a must-see as well! Perfect for the savvy investor or first starting out since its all remodeled for you, with tenants in place with strong rental history. Don't delay, won't last!

Listing Agent

Emily Stewart

(856) 363-3000 hakankarahan@hakankarahan.com HomeSmart First Advantage Realty Brokerage Phone: 8563633000 License #0896117 Listed on: 01/28/2026

HomeSmart First Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,820

Year Built

  • Built in 1935 | Remodeled in 2023

Lot Details

  • 4,813 Sq Ft Lot
  • Lot Dimensions are 45.00 x 107.00

Parking

  • 1 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • 1,940 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Block Foundation

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

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

Community Details

  • Beverly Meadows Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 02-01273-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,820

Year Built

Built in 1935 | Remodeled in 2023

Lot Details

4,813 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: tenants personal property, washer dryer in basement
  • Inclusions: all existing appliances in as-is conditions
  • New Construction: No
  • Year Built: 1935
  • Year Renovated: 2023
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1940
  • Living Area Sq Ft: 1940
  • Price Per Sq Ft: 167.53
  • Above Grade Finished Sq Ft: 1940
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 45.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4813.00
  • Zoning: DUPLEX

Rental Info

  • Existing Lease Type: Yearly
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7820.00
  • Assessor Parcel Number: 02-01273-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: BEVERLY CITY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $7,509 $151,600 $22,100 $129,500
2024 $7,565 $151,600 $22,100 $129,500
2023 $7,565 $151,600 $22,100 $129,500
2022 $7,659 $151,600 $22,100 $129,500
2021 $7,472 $151,600 $22,100 $129,500
2020 $7,268 $151,600 $22,100 $129,500
2019 $7,080 $151,600 $22,100 $129,500
2018 $6,910 $151,600 $22,100 $129,500
2017 $6,825 $151,600 $22,100 $129,500
2016 $6,730 $151,600 $22,100 $129,500
2015 $6,654 $151,600 $22,100 $129,500
2014 $6,343 $151,600 $22,100 $129,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2026 02/09/26 Pending -- -- --
01/28/2026 01/28/26 For Sale $325,000 +62.5% $168 / Sq Ft
07/31/2023 07/31/23 Sold $200,000 0.0% $103 / Sq Ft View Prior Sale
05/25/2023 05/25/23 For Sale $200,000 -- $103 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $200,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $250,000 First Option Title Agency
Special Warranty Deed $120,100 None Available
Sheriffs Deed -- --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,000 Construction
Previous Owner $200,000 New Conventional
Previous Owner $108,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Bright MLS

MLS Number: NJBL2104700

Bright MLS

APN: 02-01273-0000-00003

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