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Property profile & analytics
OFF-MARKET
Apartment buildings

11-13-15 Knopf St Manville, NJ 08835

0.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents an eight-unit apartment building located at 11-15 Knopf Street, Manville, NJ 08835. The property, situated on a 0.23-acre lot, consists of one two-story building featuring a mix of six one-bedroom and two two-bedroom units. Currently fully leased, this property boasts a strong Net Operating Income (NOI) of $94,190. Ample on-site parking is available for residents. The convenient location offers easy access to shopping, dining, and local schools, all within walking distance. Public transportation is readily accessible, with NJ Transit buses less than half a mile away, and both Somerville and Bridgewater Rail Stations are approximately equidistant at 2.6 and 2.8 miles respectively. Manville's vibrant downtown area provides a wealth of amenities, including numerous restaurants, retail shops, and services. Residents also enjoy access to large parks such as Lincoln Park, featuring recreational facilities like tennis courts, baseball fields, and picnic pavilions. The property is zoned C-Commercial/Townhouse. This fully occupied building presents a compelling investment opportunity with significant potential for future growth and strong cash flow.

Property profile
Verified
Property type Apartment buildings
Lot 0.23 ac (10,019 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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