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    58 S Main St

    Manville Boro, NJ 08835
    • $775,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 3658976
    UPDATED: 81 min ago
    $775,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,176
      SQFT
    • $108
      $/SQFT
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    ATTENTION: Investors! Looking for a 1031 exchange property? A fully performing, fully tenanted, investment property? If so, look no further. This is a mixed-use property with 3 residential units over a 3,086 SF Bar/Restaurant with seating for 100 people on the 1st floor, & seating for 40 people in the finished basement bar (1,200 finished SF basement with full bar), & outdoor paver-stone patio seating for 40 people. There is a studio apartment, a 2-bedroom apartment, & a 3-bedroom apartment on the 2nd floor. Off-Street parking included with 22 parking stalls. A major renovation, costing in excess of $800,000, was made in the 2016 time-frame. The property produces $99,600 in gross income. The Bar/Restaurant possesses a sprinkler system. The property is NOT in a Flood Zone, & does NOT require flood insurance.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-25T14:47:29.543.
    www.teambraconihomesales.com/homes/109377737
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    58 S Main St Manville Boro, NJ 08835

    • Price: $775,000
    • Status: Active
    • Updated: 81 min ago
    • MLS #: 3658976
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    7,176
    SQFT
    $108
    $/SQFT
    1920
    Built
    County:
    Somerset
    Area:
    Manville Boro
    Property Description
    ATTENTION: Investors! Looking for a 1031 exchange property? A fully performing, fully tenanted, investment property? If so, look no further. This is a mixed-use property with 3 residential units over a 3,086 SF Bar/Restaurant with seating for 100 people on the 1st floor, & seating for 40 people in the finished basement bar (1,200 finished SF basement with full bar), & outdoor paver-stone patio seating for 40 people. There is a studio apartment, a 2-bedroom apartment, & a 3-bedroom apartment on the 2nd floor. Off-Street parking included with 22 parking stalls. A major renovation, costing in excess of $800,000, was made in the 2016 time-frame. The property produces $99,600 in gross income. The Bar/Restaurant possesses a sprinkler system. The property is NOT in a Flood Zone, & does NOT require flood insurance.
    Exterior Features

    Approximate Lot Size .23 AC Available Parking Spaces 22 Construction Wood Exterior Description Concrete Location Business DistrictFreestandingResidential Area Lot Description Irregular LotLevel Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description AssignedBlacktopDriveway-SharedParking Lot-Exclusive Roof Description FlatRubberized

    Interior Features

    Basement Yes Basement Description Finished-PartiallyFullStorageWalkout Cooling 4 UnitsCentral AirHeatpumpSee RemarksWindow A/C(S) Equipment Available Exhaust SystemKitchen AreaSecurity SystemSee RemarksSign - BuildingSmoke DetectorSprinkler System Floors CarpetingLaminateTileVinyl-Linoleum Heating 4 UnitsBaseboard - HotwaterForced Hot AirHeat Pump Max Ceiling Height 10 Max Door Height 7 Number Of Lavatories 7 Office Sq Ft 0

    Property Features

    Available See Remarks Expenses Include InsuranceProperty ManagementSee RemarksTaxes For Sale Or Lease For Sale Free Rent See Remarks Fuel Type ElectricGas-NaturalSee Remarks Gross Operating Income 99600 Lease Type Modified Net Operating Income 59905 Owner Pays Maintenance-Common AreaRepairsSee Remarks Permitted Use Legally Non-Conforming Bar Permitted W Conditions Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 1 Tax Amount 22421 Tax Rate Amount 3.267 Tax Rate Year 2019 Tax Year 2019 Tenant Pays Cable T.V.ElectricGasHeatHot WaterSewerSnow RemovalTrash Removal Total Operating Expense 33718 Utilities All UndergroundElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning C

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Keller Williams Cornerstone.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-25T14:47:29.543.
     
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