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$850,000
Est. payment /mo
40 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 605529
Annual Tax Amount $5,151
Tax Year 2024
Lot Size 40.000 Acres
Property Description
Property Overview A rare opportunity to acquire a diversified, income-producing estate positioned along highly trafficked Black Horse Pike, just minutes from major South Jersey corridors. The Green Terrace Motel spans approximately 40 acres and offers immediate cash flow and long-term development upside. This turnkey operation includes a fully operational motel, and expansive land with subdivision potential. • 11-Unit Operational Motel Fully functional with office/reception space, well maintained, and delivering stable rental income. • 38± Acre Connected Lot Primed for development, agriculture, recreation, or potential subdivision (confirm with zoning). • Two Detached Storage Garages Suitable for personal use, operations storage, or rental to third parties.
Location
State NJ
County Atlantic
Community Folsom Borough
Area Folsom Borough
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Listed by GRACE PROPERTIES
NEARBY SCHOOL & BUSINESS