Pros:
- Manville has a relatively low cost of living compared to other areas in New Jersey.
- The crime rate in Manville is lower than the national average, making it a relatively safe place to live.
- The town is located near major employment hubs in New Jersey, including Bridgewater and Edison, making it a good location for commuters.
- There are many parks and outdoor recreational areas in the town, including The Duke Island Park and the Manville Causeway Park.

Cons:
- Manville has a history of flood damage due to its proximity to waterways, such as the Raritan River, which may increase insurance costs.
- The town has a relatively low median household income, which may limit job opportunities and affect the local economy.
- Manville has a relatively small population and may lack some of the amenities commonly found in larger cities.
- The area may experience harsh weather conditions, such as cold winters and hot summers.

It is important to note that these pros and cons are generalizations and may not apply to every individual considering purchasing real estate in Manville. It is always recommended to research the specific neighborhood and conditions of any property before making a decision.