For sale

Price cut: $50K (8/6)

$790,000

24 May Street, Hopelawn, NJ 08861

4beds

3baths

2,880sqft

$5,554/mo

Get pre-qualified

Multi Family

Built in 1921

-- sqft lot

$786,100 Zestimate^®

$274/sqft

$-- HOA

What's special

Large backyard

Excellent Investment Opportunity! Fully rented 2-family property with immediate cash flow. Both units are occupied with leases in place, making this an ideal addition to any investor's portfolio. Features include a 1-year-old central A/C system, a large backyard, and a 1-car garage that generates additional rental income. Conveniently located near shopping, schools, major highways, and public transportation. Don't miss this income-producing property!

45 days

376

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Forced Air

Cooling

A/C Multi-Zone, Unit 1(A/C Central), Unit 2(A/C Central)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)

Features

Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath), Unit 3(See Remarks)
Basement: Full, Storage Space, Utility Room

Interior area

Total structure area: 2,880
Total interior livable area: 2,880 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Garage, Attached
Attached garage spaces: 1

Features

Stories: 3
Exterior features: Sidewalk, Yard

Lot

Size: 4,965 Square Feet
Dimensions: 100.00 x 0.00
Features: See Remarks

Details

Parcel number: 25000050100308
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt, Flat

Condition

Year built: 1921

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Private
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: Sidewalks

Location

Region: Hopelawn

Financial & listing details

Price per square foot: $274/sqft
Tax assessed value: $101,400
Annual tax amount: $13,315
Date on market: 7/12/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

$786,100

$747,000 - $825,000

$2,415/mo

Price history

Date	Event	Price
8/6/2026	Price change	$790,000-6%$274/sqft
Source: All Jersey MLS #2700653R Report a problem
7/12/2026	Listed for sale	$840,000+29.2%$292/sqft
Source: All Jersey MLS #2700653R Report a problem
10/17/2025	Sold	$650,000+85.7%$226/sqft
Source: Public Record Report a problem
1/16/2018	Sold	$350,000+150%$122/sqft
Source: Public Record Report a problem
2/2/1999	Sold	$140,000-12.5%$49/sqft
Source: Public Record Report a problem
5/19/1997	Sold	$160,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,797	$101,400
2024	$11,797 +2.2%	$101,400
2023	$11,540 +2.6%	$101,400
2022	$11,251 +8%	$101,400 +7.1%
2021	$10,422 -5.1%	$94,700
2020	$10,980 +20.3%	$94,700
2019	$9,125 +14.5%	$94,700 +14.8%
2018	$7,973 -10.1%	$82,500
2017	$8,865 +1.8%	$82,500
2016	$8,706 +2.7%	$82,500
2015	$8,478	$82,500