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Westfield NJ Area Real Estate and Homes For Sale

Home for Sale at 58 S Main St, Manville Boro, NJ 08835

 
 
 
 
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     For additional information, contact Keller Williams Realty Premier Properties of Westfield Phone: (908) 233-8502
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58 S Main St, Manville Boro, NJ 08835
Listing# 3658976
 
 
 
 
Price: $735,000
PRICE REDUCED!
Type: Commercial
County: Somerset
 
 
 
 
    Photo of home for sale at 58 S MAIN ST, Manville Boro NJ
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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 overa 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.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial
Listing Status:Active
Property Subtype:Mixed Use
Year Built:1920
Acres:0.23
Exterior:Concrete
Roofing:Flat, Rubberized
Garage Spaces:22
Parking Description:Assigned, Blacktop, Driveway-Shared, Parking Lot-Exclusive
Lot Description:Irregular Lot, Level Lot
Heating:4 Units, Baseboard - Hotwater, Forced Hot Air, Heat Pump
Heat Source:Electric, Gas-Natural, See Remarks
Cooling:4 Units, Central Air, Heatpump, See Remarks, Window A/C(s)
Water:Public Water
Sewer:Public Sewer
Utilities:All Underground, Electric, Gas-Natural
 
 
 
 
FEATURES:
 
 
 
 
Floors:Carpeting, Laminate, Tile, Vinyl-Linoleum
 
 
 
 
ROOM INFO:
 
 
 
 
Basement Description:Finished-Partially, Full, Storage, Walkout
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$735,000
Tax Amount:$22,421
Tax Year:2019
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The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, LLC. Real estate listings held by other brokerage firms are marked as IDX Listing.  All information deemed reliable but not guaranteed and should be independently verified.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Notice: The dissemination of listings displayed herein 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.

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