16 LANNING ST, Ewing Twp, NJ 08618
See all 24 photos
16 LANNING ST, Ewing Twp, NJ 08618
16 LANNING ST, Ewing Twp, NJ 08618
16 LANNING ST, Ewing Twp, NJ 08618
16 LANNING ST, Ewing Twp, NJ 08618
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Maya Felsenstein

Maya Felsenstein

+1(561) 797-7899
Listed by Michael Matthews • Orange Key Realty
$ 399,000
Est. payment /mo
Save
New

16 LANNING ST Ewing Twp, NJ 08618

1,450 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,450 sqft

Price per Sqft $275

MLS Listing ID NJME2085560

Style Colonial

Abv Grd Liv Area 1,450

Year Built 1955

Annual Tax Amount $7,425

Tax Year 2025

Lot Size 7,828 Sqft

Acres 0.18

Property Sub-Type Detached

Source BRIGHT

Property Description

Attention investors and parents of college students! This turn-key, as-is two-family property is located just three houses away from The College of New Jersey (TCNJ), making it a premier, highly desirable housing or rental asset. Fully occupied or ready to rent, this property generates $3,750 in total monthly rental income from day one. The current owner is retiring, presenting a rare opportunity to acquire a high-yield, low-maintenance income producer. Total Monthly Income: $3,750/month ($45,000 gross annually). Unit 1 (Main Level): $2,100/month rent | Features 2 spacious bedrooms and 1 full bathroom. Unit 2 (Upstairs): $1,650/month rent | Features a bright 1 bedroom and 1 full bathroom. Utilities: Separate gas and electric meters, keeping landlord overhead to an absolute minimum. Turn-Key & As-Is: Solid cash-flowing asset being sold strictly in as-is condition—perfect for a smooth, retirement-ready sale. Parking: A massive, large driveway provides ample off-street parking for multiple vehicles, a massive selling point for tenants. Basement: Full basement equipped with dedicated laundry provisions and excellent bonus storage space. Unbeatable Location: Literally steps from the TCNJ campus, ensuring a perpetual pool of quality renters, minimal vacancy rates, and proximity to local dining, transit, and shopping. Large backyard. Whether you are looking to expand your portfolio or secure a premier rental property in a high-demand university market, this asset delivers immediate cash flow. Act fast—properties this close to campus rarely last!

Location

State NJ

County Mercer

Area Ewing Twp (21102)

Zoning R-2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Wall Unit, Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Permanent

Above Ground Finished SqFt 1450

Sewer Public Sewer

Water Well

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District East Windsor Regional Schools

Others

Tax ID 02-00242-00015

Ownership Fee Simple

SqFt Source 1450

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Maya Felsenstein
Maya Felsenstein

REALTOR® License ID: 1968412

+1(561) 797-7899 | maya@mayafelsensteingroup.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams in Cherry Hill, NJ, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

16 LANNING ST

Quick Search
More