123 Tangerine Drive, Marlboro, NJ 07746

New Listing

$570,000

Property Type: Residential Bedrooms: 3 Baths: 2.1 Square Footage: 1,745 Lot Size (sq. ft.): 436 Status: Active

Current Price: $570,000 List Date: 4/07/2026 Last Modified: 4/07/2026

Overview

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.

Supplements: 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 Details MLS# 22609245

Contract Info

List Price/SqFt: 326.65
Property Sub-Type: Condominium
Sub-Type: Attached
New Construction: No

Location

House Number: 123
Street Name: Tangerine
Street Suffix: Drive
County: Monmouth
Municipality: Marlboro (MAR)
Postal City: Marlboro
State: NJ
Zip Code: 07746
Area/Section: None
Complex/Subdivision: The Orchards
Other High: Freehold Regional
Directions: Ryan Rd. to Robertsville Rd. Left to Belil Dr. Left to Tangerine DR.

General Property Info

Full Baths: 2
Half Baths: Yes
Total Baths: 2.1
# Level 1 - Baths: Yes
# Level 2 - Baths: 2
Basement: No
Fireplace: Yes
# Fireplaces: Yes
Apx SqFt: 1745
# Levels: 2
Apx Year Built: 1987
Garage: Yes
# Car Garage: Yes
Assigned Parking: No
Acreage: 0.01
HOA: Yes
Assn Fee: 395
Assn Fee Paid: Monthly
Pool: Yes
Waterfront: No
Waterview: No
Rooms: 6

Tax and Legal

Asmnt - Total: 258100
Farm Assessed: No
Taxes: 6739
Tax Year: 2025

Remarks & Misc

Excluded: TENANT PERSONAL PROPERTY

Allowable

Cats OK: Yes
Dogs OK: Yes

More Information

Ownership Type

Condominium: Yes

Style

Townhouse: Yes

Interior

Recessed Lighting: Yes
Sliding Doors: Yes

Zoning

Condo: Yes
Residential: Yes

Foyer

Ceramic Tile: Yes

Included

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer: Yes

Living Room

Fireplace - Woodburning: Yes
Floor - Linoleum/Vinyl: Yes
Sunken: Yes

Dining Room

Floor - Linoleum/Vinyl: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Kitchen

Ceramic Tile: Yes

Basement

Slab: Yes

Great/Family Room

Floor - Linoleum/Vinyl: Yes

Primary Bedroom

Floor - Wood: Yes
Full Bath: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes

Primary Bath

Ceramic Tile: Yes
Shower Stall: Yes
Tub: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Exterior

Patio: Yes

Common Elements

Association: Yes
Basketball Court: Yes
Common Area: Yes
Jogging Path: Yes
Landscaping: Yes
Playground: Yes
Tennis Court(s): Yes

Parking

Common: Yes
Driveway: Yes
On Street: Yes

Garage

Attached: Yes

Assessment Status

Assessed: Yes

Siding

Vinyl: Yes

Roof

Shingle: Yes
Timberline: Yes

Pool

Common: Yes
Heated: Yes
In Ground: Yes

Management Type

Professional Off Site: Yes

Fee Includes

Exterior Maint: Yes
Lawn Maintenance: Yes
Pool: Yes
Snow Removal: Yes
Trash: Yes

Property Features

Ownership Type: Condominium Style: Townhouse Interior: Recessed Lighting; Sliding Doors Foyer: Ceramic Tile Living Room: Fireplace - Woodburning; Floor - Linoleum/Vinyl; Sunken Dining Room: Floor - Linoleum/Vinyl Kitchen: Ceramic Tile Primary Bedroom: Floor - Wood; Full Bath Primary Bath: Ceramic Tile; Shower Stall; Tub Basement: Slab Cooling: Central Air Heating: Forced Air; Natural Gas Water Heater: Natural Gas Exterior: Patio Garage: Attached Siding: Vinyl Roof: Shingle; Timberline Parking: Common; Driveway; On Street Pool: Common; Heated; In Ground Included: Dishwasher; Dryer; Microwave; Refrigerator; Stove; Washer Zoning: Condo; Residential Common Elements: Association; Basketball Court; Common Area; Jogging Path; Landscaping; Playground; Tennis Court(s) Management Type: Professional Off Site Fee Includes: Exterior Maint; Lawn Maintenance; Pool; Snow Removal; Trash Allowable: Cats OK; Dogs OK Assessment Status: Assessed

Listing Office: Serhant New Jersey LLC

Listing Agent: Ron Ison

Last Updated: April - 07 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.