$570,000

123 Tangerine Drive, Marlboro, NJ 07746

3 beds |
3 baths |
1,745 sqft

Condominium
Built in 1987
436sqft lot
1 car garage
$327/sqft
Listed 18 days ago

Property Description

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.

Listing Status:: Active
Date Added:: April 7, 2026
Data Last Updated:: April 25, 2026 at 6:36AM
Listing Office:: Serhant New Jersey LLC : 973-315-5959
Listing Agent:: Ron Ison : 973-315-5959
MLS ID:: 22609245

Basement: Slab
A/C: Central Air
Heating: Forced Air
Fireplace: FireplaceFireplaces: 1

Roofing: Shingle
General: 2

HOA Amenities: Tennis Court(s)Lawn MaintenancePoolSnow RemovalTrashExterior Maint395.0Monthly
Originating MLS: MOREMLS (Monmouth Ocean Regional REALTORS®)
County: Monmouth

Zoning: 30-00396-0000-00001-0000-C0123

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Exclusions: TENANT PERSONAL PROPERTY

This listing courtesy of Ron Ison , Serhant New Jersey LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Freehold Borough High School

2 Robertsville Rd, Freehold, NJ, 07728

Grades 9-12

1.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.