Properties

Description

Incredible investment opportunity in a non-flood zone this unique multi-family property offers five legal units across two separate dwellings, all state of NJ code-compliant and featuring separate utilities for each apartment. A rare and well-maintained asset, the property includes a three-bedroom cottage, a one-bedroom studio, and three additional one-bedroom units, providing excellent rental diversity and consistent income potential. Each unit boasts its own boiler and water heater, reducing owner expenses and simplifying management. Located in a prime area, close to shops, dining, and public transportation including convenient bus service directly in front of the property this location supports strong tenant demand. Whether you're a seasoned investor or just starting your portfolio, this property is a smart, income-producing asset with minimal overhead and impressive cash flow. The Net Operating Income (NOI) will not disappoint a must-see for serious investors seeking long-term value and stability. Don't miss this opportunity to own a turn-key property with immediate upside in a high-demand rental market.

Features

  • Heating System : 4+ Units, Baseboard - Hotwater, Radiators - Hot Water
  • Cooling System : Window A/c(s)
  • Basement : Full, Walkout
  • Roof Deck : Composition Shingle, Flat
  • Furnished : Tile, Wood, Carpeting, Laminate, Vinyl-linoleum
  • Lot Description: Level Lot, Open Lot
  • Tax Assessed Valuation: 607600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground, Electric, Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS TOWNE SQUARE REAL
  • Office MLS ID: 3789
  • Agent ID: 256125
  • Tax: 12540
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: B

Commercial For Sale

For Sale
$998,000

514 W Camplain Rd, Manville Boro, *

  • SQFT 40 Acre
  • Built Year 1930

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5374668
  • Price: $998,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1930
  • Year Built Description: Approximate
  • Lot Area: 40 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Somerset
  • City Manville Boro
  • Zipcode *
  • Subdivision: North Side
  • Street: W Camplain Rd
  • Street Number: 514
  • Street Direction: North Side of W Camplain. Between S. 5th and S. 6t
  • Building Name: A & B
  • Floor Number: 0
  • Longitude: W75° 24' 33.5''
  • Latitude: N40° 32' 24''
  • Internet Display Address: No
Property