11-13-15 Knopf St Manville, NJ 08835
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.