1553 Breakers Drive, Manahawkin, NJ 08050
MULTI_FAMILY - Manahawkin, NJ
- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 8:06 pm
Property Features for 1553 Breakers Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 31-00044-122-00004
- Size
- 1,650 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5443
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agent Brian R MacFarlane (609) 597-6464
Listing office Berkshire Hathaway HomeServices Zack Shore Realtors 675 Route 72 E, Point Pleasant Beach, NJ (609) 597-6464
Listing date Jun 23, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Ranch‑style duplex built in 1980 with two separate units
- Each unit offers 2 bedrooms and 1 full bathroom
- Both units are currently occupied by long‑term tenants (13 years and 5 years)
- Heating: forced air; Cooling: central air
- Public water and public sewer
- Roof is shingle
Overview
The duplex is located at 1553 Breakers Drive in Manahawkin, New Jersey, in Ocean County. Showings require 24-hour notice.
For buyers seeking a multi-family property with established, in-place tenancy, this duplex offers a clean two-unit configuration with updated heating components on both sides. The separate units and current occupancy can support an operator’s ability to manage and market the property with minimal disruption, subject to all tenant rights and applicable local requirements.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $25.56 |
| − Vacancy | −$2.7k | −$1.65 |
| EGI | $39.4k | $23.91 |
| − OpEx | −$11.8k | −$7.17 |
| NOI | $27.6k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manahawkin
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.29316
- Latitude
- 39.732923
