Manville, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Manville, New Jersey Market population: 10K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Manville NJ Properties: 2.9000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Manville NJ
Common questions from investors exploring commercial real estate in Manville NJ.
What's the overall investment potential of Manville, NJ, considering its demographics and economy?
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Manville, NJ, with its median household income of $83,419 and a relatively low poverty rate of 4.3%, presents a stable investment market. The city's diverse economy, led by manufacturing, retail trade, and healthcare, supports a strong employment base, while its high health insurance coverage rate of 95.7% indicates a stable and secure population. Additionally, the average commute time of 30.4 minutes and high drive-alone commute method rate suggest convenient transportation options for residents.
How does the ethnic diversity and industry mix in Manville, NJ, impact the demand for real estate investments?
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The ethnic diversity in Manville, NJ, with a predominant White population (94.3%) and smaller Asian (2.4%) and Other (3.3%) communities, contributes to a culturally rich environment that can attract a wide range of residents. The top industries, including manufacturing, retail trade, and healthcare, provide a solid foundation for employment and economic growth, which in turn drives demand for housing and real estate investments. Furthermore, the city's low poverty rate and high health insurance coverage suggest a market with stable, working-class residents.
What are the key factors to consider when evaluating the quality of life in Manville, NJ, for real estate investment purposes?
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When assessing the quality of life in Manville, NJ, for real estate investment, consider the city's low poverty rate of 4.3%, high health insurance coverage rate of 95.7%, and average commute time of 30.4 minutes. These factors indicate a stable and secure population with access to employment opportunities and convenient transportation. Additionally, the high homeownership rate of 86.4% and median property value of $283,400 suggest a strong, established community with a high demand for housing.
How does the commute time and transportation infrastructure in Manville, NJ, affect the attractiveness of the city for real estate investors?
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The average commute time of 30.4 minutes in Manville, NJ, is relatively moderate, and the high rate of drive-alone commutes (85.1%) suggests convenient access to personal transportation. The presence of public transportation options, although less prevalent, still provides an alternative for residents. This balance of commute options and times contributes to the city's attractiveness for real estate investors, as it indicates a functional and accessible location for residents to live and work.
What role do income inequality and educational attainment play in assessing the real estate investment potential of Manville, NJ?
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The Gini coefficient of 0.403 in Manville, NJ, indicates a moderate level of income inequality, which can impact the affordability and demand for different types of real estate investments. Additionally, the educational attainment levels, with 30.1% of residents holding a high school graduate degree and 34.1% holding a bachelor's degree, suggest a workforce with a range of skills and qualifications. These factors, combined with the city's low poverty rate and high health insurance coverage, point to a relatively stable and educated population, which can support a strong and diverse real estate market.
Manville NJ Real Estate & City Facts
Key facts and real estate information about Manville NJ.
What are some of the best neighborhoods to live in Manville?
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Some of the best neighborhoods to live in Manville, NJ, are Dominic Street, which is known for its charming atmosphere and family-friendly environment, and the west parts of the city, which tend to be more desired and have higher median house prices. Other neighborhoods like Highland Park and areas near Memorial Park are also popular among residents.
What are some fun things to do in Manville?
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There are plenty of fun things to do in Manville, NJ. You can visit Memorial Park, go to the Reading Cinemas Manville with TITAN LUXE, or explore the local dining scene. Some popular attractions include Foxtails Go Go, Delilah's Den of Manville, and the nearby Duke Farms. Additionally, the city hosts various events and activities throughout the year, making it a great place to live and visit.
What is the food scene like in Manville?
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The food scene in Manville, NJ, is diverse and up-and-coming, with a variety of dining options available. From Mexican restaurants like O'rale and Ricos Tacos La Mexicana, to Italian and Polish cuisine, there's something for everyone. Some popular restaurants include Grub Hut, LJ'Z Boardwalk, Manville Pastry Shoppe, and Norkys Peruvian Restaurant. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Manville?
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Living in Manville, NJ, has its pros and cons. On the plus side, the city has a charming small-town feel, with a strong sense of community and a variety of local amenities. The proximity to nearby cities and attractions is also a bonus. However, some areas of the city may have higher crime rates or less desirable living conditions. Additionally, the city's economy and job market may not be as strong as in other nearby areas. Overall, it's essential to weigh the pros and cons and consider individual priorities when deciding whether to live in Manville.
Is Manville a good place to live?
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Manville, NJ, can be a good place to live, depending on your individual preferences and priorities. The city has a unique charm and a strong sense of community, with plenty of local amenities and attractions to explore. While it may not be the most affluent or economically vibrant area, it has a certain character and appeal that makes it a great option for those looking for a more laid-back and affordable lifestyle. As with any city, it's crucial to research and visit different neighborhoods to get a feel for the area and determine whether it's the right fit for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Manville NJ Commercial Property: $83,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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