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$570,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,745 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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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.

Full Property Details for 123 Tangerine Dr

General

  • Price: $570,000
  • HOA FEE: $395/month
  • Taxes: $6,739 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: Monmouth
  • MLS ID: 22609245
  • Updated: 4/7/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Association, Baseketball Court, Common Area, Jogging Path, Landscaping, Playground, Tennis Court

Interior

  • Number of Rooms: 6
  • Interior Features: Recessed Lighting
  • Fireplace: Yes
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms-L2: 2
  • Bathrooms-L1: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Foyer/Entry: Ceramic Tile
  • Living Room: Wood-Burning Fireplace, Wood-Burning Fireplace, Linoleum/Vinyl Floor, Sunken
  • Family Room: Linoleum/Vinyl Flooring
  • Kitchen: Ceramic Tile
  • Dining Room: Linoleum/Vinyl Floor

Additional Information

  • Shared Amenities: Tennis Court(s), Association, Basketball Court, Common Area, Jogging Path, Landscaping, Playground
  • Pool: Yes
  • Pool Description: Common, Heated, In-Ground, Common, Heated, In Ground
  • Allowable: Cats, Dogs

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Common, Driveway, On-Street
  • Garage Description: Attached

Location

  • Area: Marlboro (MAR)
  • Municipality: Marlboro (MAR)
  • County: Monmouth
  • Subdivision: The Orchards

School Information

  • Other School: Freehold Regional

Community

  • Association: Yes
  • Assoc. Fees Include: Trash, Exterior Maintenance, Lawn Maintenance, Pool, Snow Removal
  • Pets Allowed: Yes
  • Management Type: Professional (Off-Site)

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: Public Sewer, Public Water

Structural Information

  • Roof: Timberline, Shingle
  • Square Feet: 1,745
  • Living Area: 1,745 Sq. Ft.
  • Year Built: 1987

Lot Features

  • Lot Size (Acres): 0.01
  • Lot Size (Sq. Ft.): 435.6
  • Zoning: Condo, Residential

Financial Considerations

  • Price Per Sq. Ft.: $326.65
  • Association Fee: $395
  • Assoc Fee Freq.: Monthly
  • Assessment Amount: $258,100
  • Tax Amount: $6,739
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: TENANT PERSONAL PROPERTY
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Property ID: 30-00396-0000-00001-0000-C0123
  • Section: None

Listed by Serhant New Jersey LLC, Ron Ison

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Listing agent

— 123 Tangerine Dr —

  • Ron Ison

    Serhant New Jersey LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 123 Tangerine Dr

School Districts:Marlboro Township School District, Freehold Regional School District
NameGradesDistance
Frank J Dugan School
48 Topanemus Road, Marlboro, NJ 07746
K-51.6 mi
Marlboro Middle School
355 County Road 520 West, Marlboro, NJ 07746
6-82.6 mi
Colts Neck High School
59 Five Points Road, Colts Neck, NJ 07722
9-123.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 Tangerine Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2026
Listed
$570,000
123.53%
MLS
6/30/2003
Sold
$255,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 123 Tangerine Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,437
6%
$258,100
—
2022
$6,065
1%
$258,100
—
2021
$5,996
1%
$258,100
—
2020
$5,934
2%
$258,100
—
2018
$5,836
2%
$258,100
—
2017
$5,722
—
$258,100
—
2016
$5,699
-4%
$258,100
—
2019
$5,936
7%
$258,100
1%
2015
$5,546
1%
$255,000
2%
2014
$5,504
3%
$250,400
—
2013
$5,354
—
$250,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 123 Tangerine Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Serhant New Jersey LLC, Ron Ison

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123 Tangerine Drive, Marlboro Township, NJ 07746 (MLS# 22609245) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 123 Tangerine Drive is currently listed for $570,000 and was received on April 07, 2026. Want to learn more about 123 Tangerine Drive? Do you have questions about finding other Townhouse real estate for sale in Marlboro Township? You can browse all Marlboro Township real estate or contact a Coldwell Banker agent to request more information.

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