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253 Mantoloking Rd 4 Unit Apartment Building $2,770,287 CAD ($692,572 CAD/Unit) 5.41% Cap Rate Brick, NJ 08723
Executive Summary
253 Mantoloking Road, Brick Township, NJ
This mixed-use investment property delivers immediate income with strong upside potential.
Three 3-Bedroom Apartments on the first and second floor.
Large On-Site Parking Lot for tenants and office use.
Just minutes to Mantoloking Bridge and the beach, offering a highly desirable location for both residential and commercial tenants.
A rare opportunity in Brick Township to acquire a stabilized asset with built-in growth potential in a prime Jersey Shore location.
This mixed-use investment property delivers immediate income with strong upside potential.
Three 3-Bedroom Apartments on the first and second floor.
Large On-Site Parking Lot for tenants and office use.
Just minutes to Mantoloking Bridge and the beach, offering a highly desirable location for both residential and commercial tenants.
A rare opportunity in Brick Township to acquire a stabilized asset with built-in growth potential in a prime Jersey Shore location.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$204,575
|
$35.89
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$54,610
|
$9.58
|
| Net Operating Income |
$149,965
|
$26.31
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $204,575 |
| Annual Per SF | $35.89 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,610 |
| Annual Per SF | $9.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $149,965 |
| Annual Per SF | $26.31 |
Property Facts
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-00109-11-00001 | Improvements Assessment | $806,469 CAD (2025) |
| Land Assessment | $393,676 CAD (2025) | Total Assessment | $1,200,145 CAD (2025) |
Property Taxes
Parcel Number
07-00109-11-00001
Land Assessment
$393,676 CAD (2025)
Improvements Assessment
$806,469 CAD (2025)
Total Assessment
$1,200,145 CAD (2025)
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253 Mantoloking Rd
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