Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15 Maidstone Way Manchester, NJ 08759

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Updated 2-bedroom home in active 55+ community.

    We can help!

    Listing Contact
    Source: Elliman

    Listing Agency: Crossroads Realty Manchester

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Remodeled Home in Leisure Knoll

    This Heather model home is located in the Leisure Knoll community. The property was remodeled in 2017, with new flooring and paint added in 2025. The home features two bedrooms and two full bathrooms. The primary bedroom includes a walk-in closet. Appliances are less than 10 years old. Leisure Knoll offers amenities for active adults 55+, including a clubhouse, a new heated pool, a fitness center, and a billiard room.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2787719
    Latitude
    40.0197636

    Nearby Similar for Sale

    • New
      $199,900
      Pending

      Established Ice Cream Storefront For Sale

      Turnkey ice cream parlor in high-traffic Manchester location.
      1013 Route 70 W, Manchester, NJ 08759
      View Details
    • $1,050,000
      2,664 SF

      Established Pharmacy with Drive-Thru

      Profitable pharmacy in high-visibility location with drive-thru and ample parking.
      111111 Cnty Rd Rte, Manchester, NJ 08759
      View Details
    • $209,900
      Pending

      Ranch Duplex in Manchester, NJ

      Expanded ranch duplex with thermal windows and updated features.
      37B Cambridge Cir, Manchester, NJ 08759
      View Details
    • $98,900
      1,100 SF

      Ranch Duplex in 55+ Community

      Two-bedroom duplex in a 55+ community with numerous amenities.
      13B Pheasant St, Manchester, NJ 08759
      View Details
    • $334,800

      Golf Courses and Recreation Property

      Recreational property featuring golf courses, pools, fitness center, and more.
      18 Cambridge Cir, Manchester, NJ 08759
      View Details
    • $475,000

      Refined Living in Gated Community

      Sought-after 55+ community with resort-style amenities and modern features.
      128 Eleanor Rd, Manchester, NJ 08759
      View Details
    • $459,000

      55+ Community Home For Sale

      One-level Raphael model in Renaissance 55+ gated community.
      71 Eleanor Rd, Manchester, NJ 08759
      View Details
    • $210,000

      Comfortable Home in 55+ Community

      Inviting two-bedroom home in a peaceful 55+ community.
      19A Edinburgh Ln, Manchester, NJ 08759
      View Details
    • $273,670

      Spacious Home in Active Community

      Spacious 2-bedroom home in a spirited 55+ community.
      11 Wycombe Way, Manchester, NJ 08759
      View Details
    • $435,000

      Resort-Style Living in 55+ Community

      Well-maintained 2 bed, 2 bath home in a 55+ community.
      20 Rochford Dr, Manchester, NJ 08759
      View Details
    • $649,000

      Spacious 55+ Community Home

      Large home in a resort-style 55+ community.
      3 Radcliffe Ln, Manchester, NJ 08759
      View Details
    • $225,000

      Crestwood Village 55+ Co-op

      55+ co-op community in Whiting, NJ with many activities.
      26A Franklin Ln, Manchester, NJ 08759
      View Details

    FAQs

    What type of property is this?
    Retirement home - Updated 2-bedroom home in active 55+ community.
    Where is this retirement home located?
    The property is located at 15 Maidstone Way Manchester, NJ.
    What are key features of this property?
    This property features: - Located in Leisure Knoll, a sought-after 55+ community with clubhouse, new heated pool, and fitness center.; - Totally remodeled in 2017 with new flooring and paint in 2025.; - Features 2 spacious bedrooms and 2 full baths.
    Request Owner's contact information
    15 Maidstone Way Manchester, NJ 08759
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Maidstone Way
    Manchester, NJ 08759
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Maidstone Way Manchester, NJ 08759
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!