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11-13-15 Knopf St Manville, NJ 08835

Eight-unit multifamily, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • Fully leased, eight-unit apartment building.
  • Two two-bedroom and six one-bedroom units.
  • On-site parking.
  • $94,190 Net Operating Income (NOI).
  • Located on a 0.23-acre lot at 11-15 Knopf Street, Manville, NJ 08835.

Property Details for 11-13-15 Knopf St

Property type
Apartment buildings
Buildings
1
Stories
2
Lot Size (sq. ft)
10,019 SF
Units
8

Location Insight

City
Manville
County
Somerset
State
New Jersey
Latitude
40.5474601
Longitude
-74.5872019

FAQs

What type of property is this?
Apartment building - Eight-unit multifamily, high NOI.
Where is the apartment building located?
The property is located at 11-13-15 Knopf St Manville, NJ.
What are key features of this property?
This property features: Fully leased, eight-unit apartment building.; Two two-bedroom and six one-bedroom units.; On-site parking.
How can I contact the broker?
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11-13-15 Knopf St
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