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16 Lanning St, Ewing, NJ 08618

Ewing
Local realty services provided by:CENTURY 21 Rauh & Johns
16 Lanning St,Ewing Twp, NJ 08618
$399,000
  • 3 Beds
  • - Baths
  • 1,450 sq. ft.
  • Multi-family
  • Active
Listed by: michael j matthews
Office: orange key realty
MLS#:NJME2085560
Source:BRIGHTMLS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$275.17

About this home

Attention investors and parents of college students! This turn-key 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: Solid cash-flowing asset being sold, 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...

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Home facts

  • Year built:1955
  • Listing ID #:NJME2085560
  • Added:2 day(s) ago
  • Updated:October 31, 2026 at 01:40 AM

Rooms and interior

  • Bedrooms:3
  • Living area:1,450 sq. ft.

Heating and cooling

  • Cooling:Wall Unit, Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1955
  • Building area:1,450 sq. ft.
  • Lot area:0.18 Acres
  • Architectural Style:Colonial
  • Construction Materials:Frame
  • Foundation Description:Permanent

Utilities

  • Water:Well
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$275.17
  • Tax amount:$7,425 (2025)

Parking

  • Parking description:On Street

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