Duplex with Two 3BR
772 Jane Drive Manahawkin, NJ 08050
772 Jane Drive, Manahawkin, NJ, 08050
$655,000
For Sale
$655,000
Duplex with two 3-bedroom, 1-bath units, each featuring a patio or balcony overlooking the backyard.
Property Size2,080 SF
Price / SF$314.90
Days on Market202
Property Features for 772 Jane Drive
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- MULTI-FAMILY / Duplex
Building Details
- Year Built
- 1980
Listing agency
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
(609) 576-1482
Listed by
CLYDE YOST · License #1757157
(609) 576-1482
Source
Compass
Added: Jan 2 Updated: Jul 22 at 7:59PM Checked: Jul 22 at 7:59PM
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 COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Investment Insights
Based on property information with market context.
This duplex features two separate units, and each unit includes 3 bedrooms and 1 bathroom. Interiors are set up with a complete kitchen, dining room, living room, and a laundry closet. Additional outdoor space is provided via a patio or balcony overlooking the back yard, including a built-in fire pit.
The property is located at 772 Jane Drive in Manahawkin, NJ, described as a Beach Haven West area. Public remarks note convenient access with a 5-minute drive to Long Beach Island and about 5 minutes to the Parkway, along with shopping and restaurants within a short distance.
Both units are tenant occupied, and the property is presented with a rental history in the public remarks.
The property is located at 772 Jane Drive in Manahawkin, NJ, described as a Beach Haven West area. Public remarks note convenient access with a 5-minute drive to Long Beach Island and about 5 minutes to the Parkway, along with shopping and restaurants within a short distance.
Both units are tenant occupied, and the property is presented with a rental history in the public remarks.
Key Highlights
- Duplex with two 3‑bedroom, 1‑bath units
- Each unit includes kitchen, dining room, and living room
- Each unit has a patio or balcony overlooking the backyard with a built‑in fire pit
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 | $53.2k | $25.56 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.7k | $23.91 |
| − OpEx | −$14.9k | −$7.17 |
| NOI | $34.8k | $16.74 |
2,080 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$497.3K
$435.1K – $580.2K
NOI $34,811 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$456.9K
$399.8K – $533.1K
NOI $31,986 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$543.1K
$475.2K – $633.7K
NOI $38,019 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two 3-bedroom, 1-bath units, each featuring a patio or balcony overlooking the backyard.
Where is this duplex located?
The property is located at 772 Jane Drive Manahawkin, NJ.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Duplex with two 3‑bedroom, 1‑bath units; Each unit includes kitchen, dining room, and living room; Each unit has a patio or balcony overlooking the backyard with a built‑in fire pit
