514 W Camplain Rd new Save Request In-Person Tour Request Virtual Tour
Manville Boro,NJ 08835
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,548 sqft
Price per Sqft $281
Subdivision North Side
MLS Listing ID 3978398
Year Built 1930
Annual Tax Amount $12,540
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
Incredible investment opportunity in a non-flood zone this unique multi-family property offers five legal units across two separate dwellings, all state of NJ code-compliant and featuring separate utilities for each apartment. A rare and well-maintained asset, the property includes a three-bedroom cottage, a one-bedroom studio, and three additional one-bedroom units, providing excellent rental diversity and consistent income potential. Each unit boasts its own boiler and water heater, reducing owner expenses and simplifying management. Located in a prime area, close to shops, dining, and public transportation including convenient bus service directly in front of the property this location supports strong tenant demand. Whether you're a seasoned investor or just starting your portfolio, this property is a smart, income-producing asset with minimal overhead and impressive cash flow. The Net Operating Income (NOI) will not disappoint a must-see for serious investors seeking long-term value and stability. Don't miss this opportunity to own a turn-key property with immediate upside in a high-demand rental market.
Location
State NJ
County Somerset
Zoning B
Rooms
Basement Full, Walkout
Interior
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Flooring Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Equipment Appliances, Fixtures, Restrooms - Private, See Remarks, Smoke Detector, Storage Area(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground, Electric, Gas-Natural
Roof Type Composition Shingle, Flat
Building
Lot Description Level Lot, Open Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple