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123 Tangerine Drive, Marlboro, NJ, 07746

$570,000

3

Beds

3

Bathrooms

1,745

Building Sqft

0.01

Acres

436

Lot Sqft

About 123 Tangerine Drive

Turnkey Investment | Secured Income Through 2027 | Prime Location
Positioned within the desirable Orchards community, this income-producing townhome presents a rare opportunity to acquire a stabilized asset with immediate cash flow and long-term upside. Currently leased at $3,100/month to a long-standing tenant, with a newly executed lease in place through February 2027, this property offers both security and consistency for the discerning investor. The residence features 3 bedrooms, 2.5 bathrooms, and a thoughtfully designed layout that appeals to today’s renters, along with the added convenience of a 1-car garage. Residents enjoy access to a suite of lifestyle amenities, including an in-ground pool, tennis courts, and a playground-enhancing tenant retention and overall value. Strategically located just moments from Route 9, the property benefits from seamless connectivity to shopping, dining, and major transportation corridors. A compelling addition to any portfolio–offering stability, location, and strong income performance.

Features of 123 Tangerine Drive

MLS® #
22609245
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Acres
0.01
Type
Residential
Price
$570,000
Square Footage
1,745
Year Built
1987
Sub-Type
Condominium

Additional Features

Subdivision
The Orchards

Exterior

Lot Description
[]

Community Information

Address
123 Tangerine Drive
Subdivision
The Orchards
City
Marlboro
County
Monmouth
State
NJ
Zip Code
07746

Listing Information

Agent Name
Ron Ison
Agent Office
Serhant New Jersey LLC

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(718) 987-7900