$1,275,000
$1,600,000
20.3%For more information regarding the value of a property, please contact us for a free consultation.
7,318 Sqft Lot
SOLD DATE : 09/16/2022
Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJSO2001040
Sold Date 09/16/22
Originating Board BRIGHT
Year Built 1934
Tax Year 2021
Lot Size 7,318 Sqft
Acres 0.17
Lot Dimensions 60.00 x 122.00
Property Description
A historic landmark in Manville since 1939. This is a unique property. Included in this corner property is a running restaurant with equipment including a walk in cooler and freezer, a rental property (6,500) currently leased out to a laundromat with 25 year lease and 5% yearly increases. 9 rental rooms above the laundromat with common bathrooms and long term tenants plus a full basement, separate utilities and a parking lot in the rear of property. Roof on rental side has 15 years left on warranty, roof over restaurant installed 2008 2 AC units 2021 6 ton and 3 ton units 2 Furnaces 2018
Location
State NJ
County Somerset
Area Manville Boro (21811)
Zoning MIXED USE
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water, Zoned
Cooling Ceiling Fan(s), Central A/C
Flooring Carpet, Ceramic Tile
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Asphalt,Flat
Accessibility None
Total Parking Spaces 12
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Roosevelt
High Schools Manville
School District Manville Borough Public Schools
Others
Tax ID 11-00088-00023 02
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Nicolas J DiMeglio • BHHS Fox & Roach-Princeton Junction
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "