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

899 Corkery Ln,Washington Township NJ - Active

Price: $1,700,000
Type: COMMERCIAL/INDUSTRIAL
MLS: 605530
  Bedrooms: 0
Baths: 0   Half Baths: 0
Lot Size: 232x611

?? Property Description A rare opportunity to acquire a well-maintained 25-unit extended stay motel in the heart of Williamstown, NJ. Situated on 3 acres, this single-story hospitality property is fully operational with all units outfitted with full kitchens, ideal for long-term tenants. The property has historically maintained stable occupancy, offering an investor immediate cash flow and long-term value. ________________________________________ ?? Key Features • 25 Self-Contained Units – Each with kitchen, bathroom, and living area • 9,042 SF Building – Single-level layout for low maintenance and ease of access • 3-Acre Lot – Potential for expansion or redevelopment (subject to approvals) • Income-Producing – Stable long-term tenants with consistent rental revenue • Private Setting – Ample parking and green space, easy access to Route 322, AC Expressway, and surrounding commercial corridors • Utility Infrastructure – Individual HVAC units, metered utilities, on-site laundry (optional), private septic/well system (verify) ________________________________________ ?? Investment Highlights • Turnkey extended-stay motel operation • Positioned for stable cash flow with low management burden • Ideal for hands-off investors, 1031 exchange buyers, or owner-operators • Value-add opportunity via cosmetic upgrades or rent repositioning • Potential for alternative uses with township approval (e.g., RV park, workforce housing, transitional living)

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   PROPERTY FEATURES
Status: Active
Lot Dimensions: 232x611
Listing Courtesy of GRACE PROPERTIES.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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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