158 S 5th Ave
Manville Boro, NJ 08835
Price: $750,000
GSMLS: 4034295Type: Multi-Family
Style: 2-Two Story, Fourplex
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1930
Acres: 0.09
Property Tax: $10,906
Description
Investor alert rarely does a fully occupied, cash-flowing four-unit come to market in this condition. All four units are thoughtfully laid out with two bedrooms, one bath, and gleaming hardwood floors throughout, making them highly rentable and easy to maintain. The property has been updated with brand new vinyl siding, offers a large unfinished basement ideal for storage, and features a nice backyard a sought-after bonus for tenants. With four quality tenants in place, tenants paying electric, and professional management already established, the heavy lifting is done. Grossing $82,680 annually with all units currently occupied, this is a true turnkey addition to any portfolio. Ideally located in Manville with strong rental demand, savvy investors will recognize the value here immediately. Don't miss your chance to own a stabilized, income-producing asset that checks every box.
General Info
Style:
2-Two Story, Fourplex
SqFt Building:
2,418
Total Rooms:
16
Basement:
Yes - Full
Interior:
Fire Alarm Sys, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
40X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Gas, Owner Pays Heat, Owner Pays Water, Tenant Pays Electric
Handicap:
No
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
MANVILLE
Community Information
County:
Somerset
Town:
Manville Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$10,906
Land Assessment:
$236,600
Build. Assessment:
$332,900
Total Assessment:
$569,500
Tax Rate:
2.11
Tax Year:
2025
Listing Information
MLS ID:
4034295
List Date:
06-12-2026
Days On Market:
1
Listing Broker:
RE/MAX INSTYLE
Listing Agent:
Alex Monaco
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
