Corner Mixed-Use Restaurant and
For Sale
$1,600,000
52 S Main Street Manville, Manville, NJ 08835
Historic corner property includes a 3-year restaurant lease, a 20-year laundromat lease, and nine rental rooms above.
Property Size1 SF
Price / SF$1,600,000
Days on Market39
Property Features for 52 S Main Street Manville
General Information
Standard status
Active
Size
1 SF
Total Parking Spaces
12
Zoning
Buyer Confir
Additional Details
Business Included
Yes
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$25,211
Amenities
Manville
Asphalt,Flat
Public Sewer
Somerset
One,Two,See Remarks
Active
Buyer Confir
Ceiling Fan(s),A/C Central - Some
Natural Gas
Zoned,Baseboard Hotwater
2024
See Remarks,Heat
Electricity Connected,Natural Gas Connected
2
1934
1
See Remarks
Commercial Sale
Commercial
Square Feet
25211
7405
9
Carpet,Tile,Dropped Ceiling
true
See Remarks,Dropped Ceiling
Near Shopping,Business District,Corner Lot
Public
0.17
12
60.00 x 122.00
Off Site,Lighted,Paved,See Remarks
Building Details
Building Size
1 SF
Year Built
1934
Stories
2
Listing Agency:
(609) 891-3848
Listed By:
Joseph Lombardo
(609) 891-3848
Source:
Remaxwelcomehomenj
Added: Jul 10
Changed: Aug 16
Last Checked: Aug 16 at 9:57AM
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 Joseph Lombardo
Investment Insights
Based on property information with market context.
This historic corner property has been a Manville landmark since 1939. The building includes a running restaurant lease with 3 years remaining and a running laundromat with 20 years remaining, featuring annual increases. Above the laundromat are 9 rental rooms with common bathrooms, supported by long-term tenants, along with a full basement.
The property is configured with separate utilities for the spaces and includes a parking lot to the rear of the building. The rental-side roof has 11 years remaining on its warranty. The roof over the restaurant was installed in 2008, and the building has updated HVAC components including two AC units installed in 2021 (6-ton and 3-ton) and two furnaces installed in 2018.
Located at 52 S Main Street in Manville, NJ, this offering combines income from restaurant and laundromat operations with additional residential rental space in a single, corner asset.
The property is configured with separate utilities for the spaces and includes a parking lot to the rear of the building. The rental-side roof has 11 years remaining on its warranty. The roof over the restaurant was installed in 2008, and the building has updated HVAC components including two AC units installed in 2021 (6-ton and 3-ton) and two furnaces installed in 2018.
Located at 52 S Main Street in Manville, NJ, this offering combines income from restaurant and laundromat operations with additional residential rental space in a single, corner asset.
Key Highlights
- Historic Manville corner property (built 1934) with restaurant lease in place for 3 remaining years
- Running laundromat lease with 20 years remaining, including annual increases
- Nine rental rooms above the laundromat with common bathrooms and long‑term tenants
Property Analytics
Current Use
Lease Details
9
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic corner property includes a 3-year restaurant lease, a 20-year laundromat lease, and nine rental rooms above.
Where is this conventional restaurant located?
The property is located at 52 S Main Street Manville 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: Historic Manville corner property (built 1934) with restaurant lease in place for 3 remaining years; Running laundromat lease with 20 years remaining, including annual increases; Nine rental rooms above the laundromat with common bathrooms and long‑term tenants
