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Colonial Mobile Park Home Sells In Manchester New Jersey For $2.3 Million With Daniel Lanni As The Broker

Property Image
SOLD
$2,300,000

New Jersey

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MultiFamily25,000 SF
Sold 06/26/2025
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Property Image
SOLD

Colonial Mobile Park Home Sells In Manchester New Jersey For $2.3 Million With Daniel Lanni As The Broker

56 2nd Street

See Similar Deals
MultiFamily25,000 SF
Sold 06/26/2025
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$92
Total Square Footage:25,000 SF
Transaction Type:Sale

The transaction involved a Mobile Park Home located at 56 Second Street, Manchester, NJ. This property comprises 27 sites and was sold for $2,300,000. The community is situated near 1st Street, 2nd Street, and Commonwealth Boulevard in Ocean County, New Jersey.

Summary of transaction details:

  • Property Type: Mobile Park Home
  • Transaction Amount: $2,300,000
  • Number of Sites: 27
  • Broker: Daniel Lanni - Kislak

The park was owned by the same family for over 50 years, showcasing a long-term investment in the community. The transaction was conducted smoothly, involving a 1031 exchange buyer as noted by the broker, Daniel Lanni.

Players

Daniel Lanni
Kislak
Daniel Lanni
36 deals$182.6M volume(908) 692-7633
BROKER
Kislak
Kislak
BROKERAGE

Details

SOLD
IMAGE: Daniel Lanni DATE: 06/27/2025 ADDRESS: 56 Second Street MARKET: Manchester, NJ ASSET TYPE: Mobile Park Home BROKER: Daniel Lanni (@Daniel__Lanni) - Kislak (@KislakCompany) SALE PRICE: $2,300,000 SITES: 27 NOTE FROM BROKER: Colonial Mobile Park Home, a community with 27 sites, is located on 1st Street, 2nd Street and Commonwealth Boulevard in Manchester, Ocean County, New Jersey. Mobile home parks have become very desirable for investors given their high cash flow and low maintenance costs, and residents who own their homes, Lanni said: This park was owned by the original owner and same family for more than 50 years and the transaction closed smoothly with a 1031 exchange buyer.

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