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

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.