126-134a Route 45,MANNINGTON, NJ 08079
MANNINGTON, NJ 08079
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 Highlights7 Total Residential Units2 Three-Bedroom Units4 Two-Bedroom Units1 Four Bedroom UnitAnnual Gross Rental Income: $87,600100% Occupancy (2022-2026)Next Scheduled Rent Increase: August 2026Parking & StorageParking for 8+ vehicles with off-street parking and drivewayOversized 4+ car garage, offering additional storage, tenant amenities, or future income potentialInvestment 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.
Details
| MLS # | NJSA2019404 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1930 |
| Days On Site | 90 |
| Listing Provided By | Real Broker, LLC | Victor Mangeney |
Features
| SQ Feet | 11,400 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | GC |
| Acreage | 3.97 |
Interior
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Radiator |
Exterior
| Construction Materials | Aluminum Siding, Stucco, Other |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 19241 |
|---|
Area Information
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | MANNINGTON |
| Zip Code | 08079 |
| Area | Mannington Twp (21706) |
| Community Name | NONE AVAILABLE |
| School District | SALEM CITY SCHOOLS |
| Elementary School | MANNINGTON E.S. |
| High School | SALEM |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $785,000 low | high Med: $359,900 sqft: 11,400 low | high Med: 1,314 $ / sqft: $69 low | high Med: $276 On site: 90 low | high Med: 703.5 | |
Market Activity 08079
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Learn More About This Property
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | MANNINGTON |
| Zip Code | 08079 |
| Area | Mannington Twp (21706) |
| Community Name | NONE AVAILABLE |
| School District | SALEM CITY SCHOOLS |
| Elementary School | MANNINGTON E.S. |
| High School | SALEM |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $785,000 low | high Med: $359,900 sqft: 11,400 low | high Med: 1,314 $ / sqft: $69 low | high Med: $276 On site: 90 low | high Med: 703.5 | |