1101 Brooks Blvd, Manville Boro, NJ 08835

$950,000
8
BD
4
BA

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List Price
$950,000
Days on Market
4
Status
ACTIVE
MLS#
4043022
Bedrooms
8
Bathrooms
4
Full Baths
4
Lot Size (Acres)
0.2
Year Built
1959

Property Description

Are you an investor looking for immediate cash flow and ongoing appreciation? This fully-rented four-plex in the high-and-dry North Side of Manville brings safe long-term returns. Units are well-maintained, rent readily through word-of-mouth, and are in a quiet safe residential area. First floor is kitchen, living area, dining area, and utility room. Second floor has two bedrooms and one full bath. Each unit offers a private brick patio, and dedicated off-street parking. Ten year-old roof, mostly new HVAC and water heaters; tenants supply own washer, dryer, and refrigerator. Separate meters for gas and electric; landlord pays sewer and water. Current monthly rents are well below Fair Market Value (which the Manville Housing Office calculates as $2375 for a two bed/one bath apartment). Six-month lease extensions for current long-term tenants expire between January 31-March 31, 2027.

Additional Information

Area
Manville Boro
Subdivision
North Side
Utilities
Electric, Gas-Natural
Taxes
$13,214
Subdivision
North Side
Exterior
Vertical Siding
Lot Description
Corner
Water
Public Water
Cooling
Central Air, See Remarks
Interior
Carbon Monoxide Detector, Carpeting, Smoke Detector, Vinyl-Linoleum Floors
Roof
Asphalt Shingle
Show Address
Yes

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Calculator source: Real Geeks

Listing Courtesy Of COLDWELL BANKER REALTY, Contact: 908-642-6801

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