Calling all investors and savvy homeowners! This charming and meticulously maintained two-family home offers a fantastic opportunity! Rent out both units, or ideal for owner-occupants seeking to offset mortgage costs. Two spacious units. First floor unit features one bedroom, one full bath, wood floors, living room and family room. Second unit upstairs features two bedrooms and one full bath. Backyard perfect for relaxing or entertaining. Off-street parking: Ample parking for both units. Convenient location: Close to schools, parks, shopping, and transportation. Easy access to major highways for commuters. The property is in such great shape, that there really isn't much for you to do except buy it and live/rent it out. FLOOD INSURANCE NOT REQUIRED (ZoneX). Roof: 2019. Water heater: 3 years old. Furnace: 3 years old.
Rare opportunity to own a legally licensed rooming house in Somerset County NJ with strong rental demand. Close proximity to downtown. The building has 14 bedrooms and 3 full bathrooms. The first floor has 5 bedrooms, 1 full bathroom. The second floor has 9 bedroom, 2 full bathroom and a small kitchen. The basement, crawl space with additional storage potential. The driveway fits 7 vehicles, plus street parking available. The first floor was completely renovated in 2021. All walls and floors are water resistant concrete based materials. All windows and doors on the first floors were replaced. Upgraded electrical panel, fire alarm panel, smoke detectors. Upgraded water heater. Renovated kitchen and bathrooms. Laundry hook up ready for coin operated machines for additional income. The property is located in a flood zone, but all materials below the flood line have been upgraded to flood-proof materials.
LOCATION!! Well maintained 2 family house, NOT IN A FLOOD ZONE. Fantastic opportunity for investor or as owner occupied, rent one apartment, live in the other or rent both. 1st floor. apt offers spacious living room, hard wood flooring and eat-in kitchen, (DW, gas range, microwave and refrigerator), 1 bedroom and a full bath, The 2nd floor. apt. offers a spacious living room, 2 Bedrooms, 1 Full Bath. Separate entrances for each apartment. The home is conveniently located right off S Main St in downtown Manville. Walking distance to local shopping, trains and major highways. Shared washer/dryer in Basement. First floor leased until February 2025. Second floor leased until January 2025
The median home value in Manville, NJ is $430,000. This is lower than the county median home value of $519,300. The national median home value is $338,100. The average price of homes sold in Manville, NJ is $430,000. Approximately 70.87% of Manville homes are owned, compared to 23.57% rented, while 5.56% are vacant. Manville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Manville real estate agent to arrange a tour today!
Manville, New Jersey has a population of 10,861. Manville is less family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 37.76%.
The median household income in Manville, New Jersey is $79,766. The median household income for the surrounding county is $121,695 compared to the national median of $69,021. The median age of people living in Manville is 43.2 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 47.8 inches per year, with 24.4 inches of snow per year.