Manville Mixed-Use Investment
52 S Main Street, Manville, NJ 08835
CommercialSale - Manville, NJ
Property size:
1 SFLot size:
0.17 AcresPrice / SF:
$1,600,000/SF- Added:
- Apr 4, 2025
- Days on Market:
- 409
- Last Refresh:
- May 17 at 9:06 am
Property Features for 52 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Interior features
- See Remarks, Dropped Ceiling
- Standard status
- Active
- Size
- 1 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 25211
Utilities
- Heating system
- Baseboard, Hot Water (Heating), Zoned (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1934
- Number of units
- 9
- Flooring type
- Carpet, Tile
- Roof type
- Asphalt, Flat
- Architectural style
- Other
Listing agent Nicolas DiMeglio (732) 828-9403
Listing office BHHS Fox & Roach Princeton Home Marketing Center 253 Nassau Street, NJ (609) 924-1600
Listing date Apr 4, 2025
MLS# 2511531R
Listing URL
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Running laundromat with a lease for 20 remaining years and annual increases.
- Running restaurant lease in place for 3 remaining years.
- Nine rental rooms above the laundromat with long‑term tenants.
- Corner property with a parking lot in the rear.
- Separate utilities for each unit.
- Relatively new HVAC systems: AC units installed in 2021 and furnaces installed in 2018.
Overview
This historic landmark, established in Manville in 1939, presents a unique investment opportunity. The corner property includes a restaurant with a lease extending for 3 years and a laundromat with a lease extending for 20 years, featuring annual increases. Above the laundromat, there are 9 rental rooms with common bathrooms and long-term tenants. The property also features a full basement, separate utilities, and a parking lot located at the rear. The rental side roof has 11 years remaining on its warranty. The restaurant roof was installed in 2008. Two AC units, a 6-ton and a 3-ton, were installed in 2021, along with 2 furnaces installed in 2018. The property is situated on a 0.17-acre lot and has a property size of 1 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Main St Laundromat
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Manville
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.587317
- Latitude
- 40.542992
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Historic mixed-use property with restaurant, laundromat, and rental income.
Where is this mixed-use property located?
The property is located at 52 S Main Street Manville, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Running laundromat with a lease for 20 remaining years and annual increases.; Running restaurant lease in place for 3 remaining years.; Nine rental rooms above the laundromat with long‑term tenants.
