126-134A Route 45, Mannington, NJ 08079

$785,000
11,400
SqFt

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List Price
$785,000
Days on Market
59
Status
ACTIVE
MLS#
NJSA2019404
Living Area
11,400
Lot Size (Acres)
3.9699999999999998
Style
Other
Year Built
1930
County
Salem
School District
Salem City Schools

Property Description

Exceptional Income-Producing Multi-Family Property Don't miss this outstanding investment opportunity in Mannington, New Jersey. This well-maintained 7-unit multi-family property has delivered 100% occupancy from 2022 through 2026, providing consistent rental income and long-term stability. Property Highlights 7 Total Residential Units 2 Three-Bedroom Units 4 Two-Bedroom Units 1 Four Bedroom Unit Annual Gross Rental Income: $87,600 100% Occupancy (2022–2026) Next Scheduled Rent Increase: August 2026 Parking & Storage Parking for 8+ vehicles with off-street parking and driveway Oversized 4+ car garage, offering additional storage, tenant amenities, or future income potential Investment Potential This fully occupied asset offers immediate cash flow with an upcoming rent increase already scheduled. The diverse unit mix appeals to a wide range of tenants, while the abundant parking and oversized garage add value rarely found in comparable multi-family properties. Whether you're expanding your portfolio or seeking a stable income-producing property, this Mannington investment is an excellent opportunity. Contact us today for additional financial information or to schedule a private tour.

Additional Information

Area
Mannington Twp (21706)
Subdivision
None Available
Taxes
$19241
School District
Salem City Schools
Elementary School
Mannington E.S.
High School
Salem
Heating
Forced Air, Radiator
Heating Fuel
Oil
Cooling
Wall Unit
Water
Public
Sewer
On Site Septic
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Contact: 8563524045

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