16 Lanning ST, Ewing, NJ 08618
See all 24 photos
16 Lanning ST, Ewing, NJ 08618
16 Lanning ST, Ewing, NJ 08618
16 Lanning ST, Ewing, NJ 08618
16 Lanning ST, Ewing, 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
Nicole Peranteau

Nicole Peranteau

+1(609) 617-6999
$ 399,000
Est. payment /mo
Save Virtual Tour
New

16 Lanning ST Ewing, NJ 08618

1,450 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,450 sqft

Price per Sqft $275

MLS Listing ID 2706908R

Year Built 1955

Annual Tax Amount $7,425

Tax Year 2025

Lot Size 7,827 Sqft

Acres 0.1797

Lot Dimensions 103.00 x 0.00

Property Sub-Type 2 Family

Source CJMLS API

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 conditionperfect 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 fastproperties this close to campus rarely last!

Location

State NJ

County Mercer

Zoning R-2

Rooms

Basement Full, Storage Space, Laundry Facilities

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room)

Heating Forced Air

Cooling A/C Wall Unit(s), A/C Window Unit(s)

Appliance Water Heater(Gas), Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Yard

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Building

Lot Description Interior Lot

Story 2

Sewer Public Sewer

Water Well

Others

Senior Community no

Tax ID 0200242000000015

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2706908R

Central Jersey MLS (CJMLS)
Listed by ORANGE KEY REALTY, INC.

NEARBY SCHOOLS & PROPERTIES

Nicole Peranteau

Nicole Peranteau

Agent License ID: 0790242

+1(609) 617-6999

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 Real Broker, 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