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7-Unit Apartment Building
For Sale
$785,000

126-134A Route 45, Mannington, NJ 08079

GC-zoned property with a varied residential unit mix and off-street parking.

Property Size11,400 SF
Price / SF$68.86
Days on Market101

Property Features for 126-134A Route 45

General Information

Standard status Active
Size 11,400 SF
Property subtype Multi Family Home
Zoning GC
Occupancy 100%

Units

Unit Mix 2 x 3BR, 4 x 2BR, 1 x 4BR
Multifamily Units 7

Additional Details

Gross Income $87,600
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $19,241

Building Details

Building Size 11,400 SF
Year Built 1930
Units 4
Listing Agency: Real Broker, LLC
Listed By: Victor Mangeney · License #454268
Source: Depalmarealty
Added: Jul 17 Changed: Oct 24 Last Checked: Oct 24 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment property at 126-134A Route 45 includes two three-bedroom apartments, four two-bedroom apartments, and one four-bedroom apartment. Built in 1930, the property is zoned GC and includes off-street parking for 8+ vehicles, along with an oversized garage with capacity for 4+ cars.

The property is in Mannington, New Jersey. Occupancy was 100% from 2022 through 2026, and a rent increase is scheduled for August 2026.

Key Highlights

  • Seven residential units: two with three bedrooms, four with two bedrooms, and one with four bedrooms
  • 100% occupancy from 2022 through 2026
  • Off‑street parking for 8+ vehicles

Property Analytics

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 08079, NJ

10,793
Population
5,213
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
87%
High-School Grad
88.7 sq mi
ZIP Area
122
Density / Sq Mi
$60,375
Median Household Income
$46,345
Median Earnings
$1,057
Median Rent
$180,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - GC-zoned property with a varied residential unit mix and off-street parking.
Where is this apartment building located?
The property is located at 126-134A Route 45 Mannington, NJ.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Seven residential units: two with three bedrooms, four with two bedrooms, and one with four bedrooms; 100% occupancy from 2022 through 2026; Off‑street parking for 8+ vehicles
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