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1553 Breakers Drive, Manahawkin, NJ 08050

$500,000

Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,650 Lot Size (sq. ft.): 8,712 Status: Pending

Current Price: $500,000 List Date: 6/23/2026 Last Modified: 8/20/2026

Overview

Description

Excellent investment opportunity! This well-maintained ranch-style duplex features two separate units, each offering 2 bedrooms and 1 full bath. Both units are occupied by long-term, reliable tenants, making this a turnkey addition to your investment portfolio. Unit A is occupied by a good-standing tenant of 13 years and features a heating system that is approximately 1.5 years old. Unit B is occupied by a good-standing tenant of 5 years and has a newly installed furnace and window were replaced about 7 years ago . The property offers stable rental income with an established rental history and low tenant turnover. Whether you're expanding your portfolio or looking for a solid income-producing property, this duplex presents a fantastic opportunity. 24-hour notice required for showings.

Listing Details MLS# 22618976

Contract Info

List Price/SqFt: 303.03
Property Sub-Type: Duplex
New Construction: No

Location

House Number: 1553
Street Name: Breakers
Street Suffix: Drive
County: Ocean
Municipality: Stafford (STA)
Postal City: Manahawkin
State: NJ
Zip Code: 08050
Area/Section: Ocean Acres
Complex/Subdivision: Ocean Acres
Middle School: Southern Reg
High School: Southern Reg
Other High: Southern Reg
Directions: Route 72 to Breakers Dr. Home is on the left at the intersection of Outboard and Breakers.

General Property Info

# Units in Bldg: 2
Full Baths: 2
Total Baths: 2
# Levels: Yes
Apx SqFt: 1650
Grandfathered: N
Apx Year Built: 1980
# Acres: 0.2
Lot Dimensions: 75 x 120
Garage: No
Pool: No
Waterfront: No
Waterview: No

Tax and Legal

Asmnt - Total: 434500
Deed Restricted: No
Taxes: 5443
Tax Year: 2025

Status Change Info

Contingent Date: 2026-08-17
Under Contract Date: 2026-08-12

Unit 1

# Bedrooms: 2
Bedroom Level: Yes
# Full Baths: Yes
Rent: 1407

More Information

Unit 2

# Bedrooms: 2
# Full Baths: Yes
Rent: 1485

Property Features

Unit 1: Dishwasher; Electric Meter; Furnace; Gas Meter; Refrigerator Unit 2: Dishwasher; Electric Meter; Electric Stove; Refrigerator Basement: Crawl Space Cooling: Central Air Heating: Forced Air; Multi-Fuel System; Natural Gas Water Heater: Electric Siding: Vinyl Roof: Shingle Garage: None Zoning: Residential Assessment Status: Assessed Tenant Pays: Electricity; Gas; Heat; Sewer; Snow Removal; Water Showing: Showing Time

Listing Office: Berkshire Hathaway HomeServices Zack Shore Realtors

Listing Agent: Brian R MacFarlane

Last Updated: August - 20 - 2026

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