A beautiful maintained corner lot gem in the heart of Manville that checks all the boxes for savvy investors and buyers alike. This 3-family offers incredible income potential with separately metered units, ensuring hassle-free management. Fully Finished Basement: Features a full bathroom, washer/dryer, and a generous space perfect for bonus living or storage. Easy access for Unit 1. 2 car garage and paver stone driveway, ample parking and stunning curb appeal. Spacious backyard, fully fenced for added privacy and outdoor enjoyment. Well-maintained and code compliant for DCA 2023. This property is ready for next owner no guesswork needed! non Flood zone, unlike much of Manville, this property did don't flood during Hurricane Ida providing peace of mind and security. This home is ideal for a buy-and-hold investor seeking steady cash flow or a homebuyer looking to offset their mortgage with rental income. Located in a great area, you'll love the convenience, charm, and pristine condition this property offers. Don't miss this rare opportunity to own a worry free investment in a prime location! Schedule your private tour today!
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.
The median home value in Manville, NJ is $460,000. 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 $460,000. 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.