129-135 Highway 45

Salem, NJ 08079

$215,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great turnkey investment to add to your real estate investment portfolio. Check out this rare-find property with (4) 2 bedroom rental units in rural Mannington Township. Great cashflow and convenient location (right on State Route 45). Property selling "As Is" condition. Seller will not be responsible for any repairs. Invest in your future today.Great turnkey investment to add to your real estate investment portfolio. Check out this rare-find property with (4) 2 bedroom rental units in rural Mannington Township. Great cashflow and convenient location (right on State Route 45). Property selling "As Is" condition. Seller will not be responsible for any repairs. Invest in your future today.
  1. Listed by Richard G Warner • Warner Real Estate & Auction Company
    P: 8567694111 rich@warnerrealtors.com

Property Details for 129-135 Highway 45

Tax ID Number
06-00063-00025
Ownership
Fee Simple
Structure Type
Detached
Style
Bungalow
Waterfront
No
Garage
No
Municipality
MANNINGTON TWP
Central Air
No

Location

Listing Courtesy of Warner Real Estate & Auction Company

Sold By Warner Real Estate & Auction Company

Add your commute
LISTING UPDATED: 08/10/2022 06:37 AM

Property Details for 129-135 Highway 45

StatusClosed
MLS #NJSA2004096
Days on Market30
Taxes$5,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.81 AC / 35,284 SF
CountySalem County

Location

Listing Courtesy of Warner Real Estate & Auction Company

Sold By Warner Real Estate & Auction Company

Add your commute

Building Information for 129-135 Highway 45

Stories-Residences1Year Built1930Building Size-Lot Size0.81 AC / 35,284 SF

Payment Calculator

$1,636 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129-135 Highway 45

Location
Location
  • School District Name: MANNINGTON TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396388
  • SchoolDistrictSource: Listing Agent
  • County: SALEM
  • MLS Area: Mannington Twp (21706)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $271,600
  • County Tax: $0
  • Improvement Assessed Value: $210,900
  • City Town Tax: $0
  • Land Assessed Value: $60,700
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Agricultural Tax Due: No
  • Zoning: CON
  • Tax Lot: 00025
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Insurance, Taxes - Real Estate, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $7,879
  • Operating Expense Includes: Insurance
  • Insurance Expense: $1,400
  • Other Expense: $930
Financial Information
  • Gross Income: $49,000
  • Gross Scheduled Income: $49,000
  • Net Operating Income: $41,121
  • Annual Rental Income: $49,000
  • Income Includes: Apartment Rentals
  • Cap Rate: .18
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 2197809
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Oil
  • Hot Water: Electric
  • Water Source: Well-Shared
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Gloucester Salem Counties Board of REALTORS

Property History for 129-135 Highway 45

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 129-135 Highway 45

This home is within Mannington Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Mannington Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Warner Real Estate & Auction Company

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.