123 Tangerine Drive Marlboro, NJ 07746
3 Beds
3 Baths
1,745 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,745 sqft
Price per Sqft $326
Municipality Marlboro (MAR)
Subdivision The Orchards
MLS Listing ID 22609245
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $395/mo
HOA Y/N Yes
Year Built 1987
Annual Tax Amount $6,739
Tax Year 2025
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Condominium
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
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.
Location
State NJ
County Monmouth
Area None
Building/Complex Name The Orchards
Direction Ryan Rd. to Robertsville Rd. Left to Belil Dr. Left to Tangerine DR.
Interior
Interior Features Recessed Lighting
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplaces Number 1
Inclusions Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
Fireplace Yes
Exterior
Parking Features Common, Driveway, On Street
Garage Spaces 1.0
Pool Common, Heated, In Ground
Amenities Available Tennis Court(s), Association, Basketball Court, Common Area, Jogging Path, Landscaping, Playground
Roof Type Timberline,Shingle
Porch Patio
Garage Yes
Private Pool Yes
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Pets Allowed Dogs OK, Cats OK
HOA Fee Include Trash,Exterior Maint,Lawn Maintenance,Pool,Snow Removal
Senior Community No
Tax ID 30-00396-0000-00001-0000-C0123
Pets Allowed Dogs OK, Cats OK
