Manville Mixed-Use Investment Opportunity

MANVILLE, NJ 08835 Manville, NJ 08835

Claim this Listing
For Sale
$1,600,000

SINGLE_FAMILY - MANVILLE, NJ

Property size:
1 SF
Lot size:
0.17 Acres
Price / SF:
$1,600,000/SF
Added:
Apr 7, 2025
Days on Market:
460
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
1 SF
Lot size
0.17 Acres

Building Details

Year built
1934

Listing agent Nicolas DiMeglio License #SB8836826

Listing office BHHS Fox & Roach Princeton Home Marketing Center NJ

Listing date Apr 7, 2025

MLS# NJSO2004268

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.


Investment Insights

Based on property information with market context.

This historic landmark in Manville, dating back to 1939, presents a unique investment opportunity. The corner property includes a restaurant with a lease for 3 remaining years, a laundromat with a lease for 20 remaining years with annual increases, and 9 rental rooms above the laundromat with common bathrooms and long-term tenants. The property also features a full basement, separate utilities, and a parking lot in the rear. The roof on the rental side has 11 years remaining on the warranty. The roof over the restaurant was installed in 2008. Two AC units, 6 tons and 3 tons, were installed in 2021, and two furnaces were installed in 2018. The property is situated on a 0.17-acre lot and has a property size of 1 square feet.

Key Highlights

  • Running laundromat with a 20‑year lease and annual increases.
  • Operating restaurant with a 3‑year lease.
  • Nine rental rooms with long‑term tenants.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

FAQs

What type of property is this?
Mixed-use property - Historic Manville corner property with restaurant, laundromat, and rental rooms.
Where is this mixed-use property located?
The property is located at 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 20‑year lease and annual increases.; Operating restaurant with a 3‑year lease.; Nine rental rooms with long‑term tenants.
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