Grace Realty - Ocean City New Jersey & Marmora
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OCEAN CITY, NJ: (609) 398-6200 ~ 3400 Central Avenue, Ocean City, NJ 08226
OCEAN CITY, NJ: (609) 398-1776 ~ 1401 Ocean Ave, Ocean City, NJ 08226
MARMORA: (609) 390-3303 ~ 904 S. Shore Road, Marmora, NJ 08223

1005 Black Horse Pike Pik,Folsom Borough NJ - Active

Price: $850,000
Type: COMMERCIAL/INDUSTRIAL
MLS: 605529
  Bedrooms: 0
Baths: 0   Half Baths: 0
Lot Size: 150x376

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.

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   PROPERTY FEATURES
Status: Active
Lot Dimensions: 150x376
Listing Courtesy of GRACE PROPERTIES.
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Grace Realty
  Toll Free: 1 (800) 296-HOME
  Central Ave, OC: (609) 398-6200
  Ocean Ave, OC: (609) 398-1776
  Marmora: (609) 390-3303
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