Four-Unit Apartment Building with
For Sale
$750,000
Pending
158 S 5th Ave, Manville, NJ 08835
Fully occupied four-unit building featuring two-bedroom layouts, updated siding, hardwood floors, and an unfinished basement.
Property SizeContact for details
Days on Market54
Property Features for 158 S 5th Ave
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,906
Building Details
Year Built
1930
Units
4
Tenancy
Multi
Listing Agency:
RE/MAX INSTYLE
(732) 649-2650
Listed By:
ALEX MONACO · License #1434260
Source:
Elliman
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 9 at 9:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX INSTYLE
Investment Insights
Based on property information with market context.
This four-unit apartment building offers four thoughtfully laid-out residences, each with two bedrooms and one bath, along with hardwood floors throughout. The property has been updated with brand new vinyl siding. Additional space is provided by a large unfinished basement that can support storage needs. Outside, there is also a backyard.
The building is offered for sale in Manville, New Jersey and is currently fully occupied with all four units in place. The remarks indicate that tenants pay for electric. A gross annual figure of $82,680 is provided for the property while fully occupied.
For investors or owner-operators seeking a turn-key addition, the current configuration is designed for straightforward residential leasing, with consistent two-bedroom, one-bath layouts across all units. With updates already completed via new vinyl siding and an unfinished basement that can be used for added storage, the property offers practical features for day-to-day operations. Professional management is noted in the remarks, supporting a more hands-off ownership approach while the property remains stabilized with existing tenants in place.
The building is offered for sale in Manville, New Jersey and is currently fully occupied with all four units in place. The remarks indicate that tenants pay for electric. A gross annual figure of $82,680 is provided for the property while fully occupied.
For investors or owner-operators seeking a turn-key addition, the current configuration is designed for straightforward residential leasing, with consistent two-bedroom, one-bath layouts across all units. With updates already completed via new vinyl siding and an unfinished basement that can be used for added storage, the property offers practical features for day-to-day operations. Professional management is noted in the remarks, supporting a more hands-off ownership approach while the property remains stabilized with existing tenants in place.
Key Highlights
- Fully occupied four‑unit building with gross annual income of $82,680 and all units currently rented
- Each unit is laid out as 2 bedrooms and 1 bath
- Hardwood floors throughout all four units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Explore this area
Business Placement
Demographics for 08835, NJ
10,953
Population
4,538
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
2.3 sq mi
ZIP Area
4,762
Density / Sq Mi
$93,872
Median Household Income
$45,559
Median Earnings
$1,837
Median Rent
$321,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit building featuring two-bedroom layouts, updated siding, hardwood floors, and an unfinished basement.
Where is this quadplex located?
The property is located at 158 S 5th Ave Manville, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully occupied four‑unit building with gross annual income of $82,680 and all units currently rented; Each unit is laid out as 2 bedrooms and 1 bath; Hardwood floors throughout all four units
