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Executive Summary

**253 Mantoloking Road, Brick Township, NJ**
This mixed-use investment property offers immediate cash flow with exceptional upside potential.
**Property Features:**
* Three (3) spacious 3-bedroom apartments — two located on the first floor and one on the second floor.
* Approximately **1,000 SF office space**, ideal for owner-occupancy or additional rental income.
* Large on-site parking lot accommodating both residential tenants and office users.
* Fully renovated with strong in-place and projected income potential.
Ideally situated just minutes from the Mantoloking Bridge and the Jersey Shore beaches, the property offers an attractive location for both residential and commercial tenants.
A rare opportunity to acquire a stabilized mixed-use asset with built-in growth potential in one of Brick Township's most desirable commercial corridors.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $199,718 $35.04
Taxes - -
Operating Expenses - -
Total Expenses $53,314 $9.35
Net Operating Income $146,404 $25.68

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 $199,718
Annual Per SF $35.04
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $53,314
Annual Per SF $9.35
Net Operating Income (CAD)
Annual $146,404
Annual Per SF $25.68

Property Facts

Price $2,496,474 CAD
Price Per Unit $624,118 CAD
Sale Type Investment
Cap Rate 6.67%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 1.11 AC
Building Size 5,700 SF
No. Stories 2
Year Built/Renovated 2007/2024
Parking Ratio 3.51/1,000 SF
Zoning VZ - Office

Amenities

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
07-00109-11-00001
Land Assessment
$389,495 CAD (2026)
Improvements Assessment
$797,904 CAD (2026)
Total Assessment
$1,187,398 CAD (2026)
  • Listing ID: 37897205

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 253 Mantoloking Rd, Brick, NJ 08723

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