201 98th Street, Stone Harbor NJ

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201 98th Street, Stone Harbor, NJ - Active

For Sale: $3,995,000

Beds: Baths:

Type: Motel

DOM: 70 Days

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PROPERTY DESCRIPTION

Rare Opportunity Profitable Motel with Development Potential in Stone Harbor, New Jersey An exceptional opportunity to acquire a well-established, income-producing motel in the heart of Stone Harbor, one of New Jersey s most exclusive and supply-constrained shore markets. Known for its pristine beaches, upscale atmosphere, and loyal repeat visitors, Stone Harbor continues to command strong seasonal demand with very limited commercial inventory. The property has a proven track record of strong occupancy and consistent cash flow, supported by repeat clientele and peak summer performance. Its prime location offers easy access to the beach, downtown shopping, dining, and local attractions ensuring continued operational success in the near term. In addition to its current profitability, the property presents a compelling redevelopment or repositioning opportunity. Given Stone Harbor s high land values, strict zoning, and limited availability of developable sites, the property may offer significant long-term upside for a buyer seeking to enhance value through renovation, expansion (subject to approvals), or alternative use. The combination of immediate income and future development potential makes this asset particularly attractive to both investors and developers. Offered as a turnkey operation with meaningful upside, this is a rare chance to secure a strategically located property in one of the Jersey Shore s most desirable and tightly held markets.

PROPERTY FEATURES

Heating:Electric
Conventional
Off Street
One Per Unit Motel/Hotel
Heater:Electric
Cooling:Central Air Conditioning
Cooling:Multi-Zoned

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ADDITIONAL PROPERTY PICTURES

Request Property Information - 201 98th Street, Stone Harbor NJ

For Sale: $3,995,000 | MLS Number: 260163

| DOM: 70 Days
Provided by: Hugh Merkle Company Realtors - www.HughMerkle.com

(Information Above Will Appear at the Top of the Email that is Sent to Hugh Merkle Company Realtors)


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Let Kim Leo Realty be your buyer agent for this listing. Listing is provided by DILLER FISHER REALTORS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.