Courtesy: EXP REALTY, LLC
866-201-6210
Rare opportunity to own a legally licensed rooming house in Somerset County NJ with strong rental demand. Close proximity to downtown. The building has 14 bedrooms and 3 full bathrooms. The first floor has 5 bedrooms, 1 full bathroom. The second floor has 9 bedroom, 2 full bathroom and a small kitchen. The basement, crawl space with additional storage potential. The driveway fits 7 vehicles, plus street parking available. The first floor was completely renovated in 2021. All walls and floors are water resistant concrete based materials. All windows and doors on the first floors were replaced. Upgraded electrical panel, fire alarm panel, smoke detectors. Upgraded water heater. Renovated kitchen and bathrooms. Laundry hook up ready for coin operated machines for additional income. The property is located in a flood zone, but all materials below the flood line have been upgraded to flood-proof materials.
Manville is located in New Jersey. Manville, New Jersey has a population of 10,861. Manville is less family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 37.76%.
The median household income in Manville, New Jersey is $79,766. The median household income for the surrounding county is $121,695 compared to the national median of $69,021. The median age of people living in Manville is 43.2 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 47.8 inches per year, with 24.4 inches of snow per year.
