Back 7601 Magnolia Drive
Active

7601 Magnolia Drive

Laurel Lake NJ 08332

2
2
3
924 sq. ft.
14000 sq. ft.
Other
Currently for sale - view listing

Overview

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **7601 Magnolia Dr**, offering a prime example of steady rental income. This charming home has recently been rented with the lease starting 9/1/2025 for one year. The home itself boasts an open-concept living area, 2 spacious bedrooms, and two full baths, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This is available As-Is and Cash Only. It is tenant occupied and the seller will not vacate the tenant to convey the property. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308.

Features

2 bedrooms
2 bathrooms
3 carspaces
924 sq. ft. floor area
14000 sq. ft. lot size
Other

Happy sellers in Laurel Lake

92%
92% of sellers in Laurel Lake reported that their sale price either exceeded or met their price expectations.

Laurel Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in Laurel Lake over the last 12 months.

Local market activity for 2 bedroom other properties in Laurel Lake

In the last 12 months, 18 two-bedroom other properties similar to 7601 Magnolia Drive, have been sold.

This represents a 20% increase in two-bedroom other properties sales when compared to the previous 12 months.

© 2026 RateMyAgent