Exceptional Income-Producing Multi-Family Property Don't miss this outstanding investment opportunity in Mannington, New Jersey. This well-maintained 7-unit multi-family property has delivered 100% occupancy from 2022 through 2026, providing consistent rental income and long-term stability. Property Highlights 7 Total Residential Units 2 Three-Bedroom Units 4 Two-Bedroom Units 1 Four Bedroom Unit Annual Gross Rental Income: $87,600 100% Occupancy (2022–2026) Next Scheduled Rent Increase: August 2026 Parking & Storage Parking for 8+ vehicles with off-street parking and driveway Oversized 4+ car garage, offering additional storage, tenant amenities, or future income potential Investment Potential This fully occupied asset offers immediate cash flow with an upcoming rent increase already scheduled. The diverse unit mix appeals to a wide range of tenants, while the abundant parking and oversized garage add value rarely found in comparable multi-family properties. Whether you're expanding your portfolio or seeking a stable income-producing property, this Mannington investment is an excellent opportunity. Contact us today for additional financial information or to schedule a private tour.
For sale
$785,000
126-134A Route 45, Salem, NJ 08079
18beds
9baths
11,400sqft
Multi Family
Built in 1930
-- sqft lot
$732,400 Zestimate®
$69/sqft
$-- HOA
What's special
Abundant parking
- 70 days
- 485
- 45
Zillow last checked:
Listing updated:
Listed by:
Victor Mangeney 609-634-2147,
Real Broker, LLC
Source: Bright MLS,MLS#: NJSA2019404
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 9
Heating
- Forced Air, Radiator, Oil
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 11,400
- Total interior livable area: 11,400 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3.97 Acres
Details
- Additional structures: Above Grade
- Parcel number: 060006000008
- Zoning: GC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Aluminum Siding, Stucco, Other
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: On Site Septic
- Water: Public
Community & HOA
Community
- Subdivision: None Available
Location
- Region: Salem
- Municipality: MANNINGTON TWP
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $533,900
- Annual tax amount: $19,241
- Date on market: 7/17/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$732,400
$557,000 - $937,000
$1,239/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $785,000+265.1%$69/sqft |
Source:  Bright MLS #NJSA2019404 Report a problem | ||
| 1/29/2016 | Sold | $215,000+16.8%$19/sqft |
Source: Public Record Report a problem | ||
| 7/31/2007 | Sold | $184,080$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $19,242 +3.7% | $533,900 |
| 2025 | $18,564 | $533,900 |
| 2024 | $18,564 +0.7% | $533,900 |
| 2023 | $18,430 +2% | $533,900 |
| 2022 | $18,067 +6.4% | $533,900 |
| 2021 | $16,978 +2.7% | $533,900 |
| 2020 | $16,530 +4.8% | $533,900 |
| 2019 | $15,771 +2.7% | $533,900 |
| 2018 | $15,350 +5.3% | $533,900 |
| 2017 | $14,570 +8.2% | $533,900 |
| 2016 | $13,470 +3.2% | $533,900 |
| 2015 | $13,054 +2.5% | $533,900 |
| 2014 | $12,739 +2.2% | $533,900 |
| 2012 | $12,461 +3.3% | $533,900 |
| 2011 | $12,066 | $533,900 |
| 2010 | $12,066 +4.6% | $533,900 |
| 2009 | $11,532 | $533,900 |
Find assessor info on the county website
Monthly payment
Est. payment
