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7-Unit Apartment Building

126-134a Route 45, Mannington, NJ 08079

For Sale
New
$785,000

A varied bedroom mix is paired with off-street parking and a four-plus-car garage.

Property Size11,400 SF
Days on Market5

Property Features for 126-134a Route 45

General Information

Standard status Active
Size 11,400 SF
Property subtype Multi-Family
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

Amenities

Full
Oil
Yes
No
Estimated
3
No Pool
Public
3.97
Driveway
65800.00

Building Details

Building Size 11,400 SF
Year Built 1930
Listing Agency: Real Broker, LLC
Listed By: Victor Mangeney · License NJ #454268
Source: Moveritenow
Added: Nov 5 Changed: Nov 9 Last Checked: Nov 8 at 4:24PM

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.

Built in 1930, this seven-unit residential property includes two three-bedroom units, four two-bedroom units and one four-bedroom unit. The site has off-street driveway parking for 8+ vehicles and a garage accommodating 4+ cars, providing additional vehicle and storage capacity. The property is zoned GC.

Occupancy was 100% from 2022 through 2026. A rent increase is scheduled for August 2026.

Key Highlights

  • Seven residential units: four two‑bedroom, two three‑bedroom and one four‑bedroom
  • 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 - A varied bedroom mix is paired with off-street parking and a four-plus-car garage.
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: four two‑bedroom, two three‑bedroom and one four‑bedroom; 100% occupancy from 2022 through 2026; Off‑street parking for 8+ vehicles
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