Extended Stay Motel
6090 Black Horse Mays Landing, NJ 08330
For Sale
$2,800,000
COMMERCIAL - Mays Landing, NJ
Property Size11,464 SF
Lot Size4.41 Acres
Price / SF$244.24
Days on Market137
Property Features for 6090 Black Horse
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 12-00588-0000-00025
- Size
- 11,464 SF
- Lot size
- 4.41 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10525
Utilities
- Sewer type
- Septic Tank
- Water source
- Well
Building Details
- Year built
- 1944
- Floors in Building
- 1
Listing Agency:
Keller Williams Realty Freehold
(732) 536-9010
Listed By:
Iftikhar Haq · License #0789304
(732) 536-9010
Added: Mar 10
Changed: Jun 10
Last Checked: Jul 24 at 8:06AM
MLS# 22606032
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Budget Inn & Suites is an extended-stay, limited-service hospitality property with 41 rooms. The property is positioned as a value-oriented hotel/motel acquisition opportunity, and it is presented for sale.
The motel is located at 6090 Black Horse Pike in Mays Landing, Atlantic County, New Jersey. The listing notes strong regional accessibility and proximity to Atlantic City, supported by the property’s placement along the Black Horse Pike corridor.
The offering includes a lot size of 4.41 acres and a building size of 11,464 square feet. This is a for-sale hospitality asset suited to investors and operators seeking a stabilized, room-based lodging property with room-count scale in place.
The motel is located at 6090 Black Horse Pike in Mays Landing, Atlantic County, New Jersey. The listing notes strong regional accessibility and proximity to Atlantic City, supported by the property’s placement along the Black Horse Pike corridor.
The offering includes a lot size of 4.41 acres and a building size of 11,464 square feet. This is a for-sale hospitality asset suited to investors and operators seeking a stabilized, room-based lodging property with room-count scale in place.
Key Highlights
- Budget Inn & Suites extended‑stay/limited‑service hotel with 41 rooms
- Built in 1944
- Located on the Black Horse Pike corridor in Mays Landing, NJ
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $206.4k | $18.00 |
| − Vacancy | −$33.0k | −$2.88 |
| EGI | $173.3k | $15.12 |
| − OpEx | −$91.0k | −$7.94 |
| NOI | $82.3k | $7.18 |
11,464 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.18M
$1.03M – $1.37M
NOI $82,334 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.69M
$3.23M – $4.30M
NOI $258,188 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
FAQs
What type of property is this?
Hotel - Budget Inn & Suites offers 41 extended-stay rooms in a limited-service motel setting along Black Horse Pike.
Where is this hotel located?
The property is located at 6090 Black Horse Mays Landing, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Budget Inn & Suites extended‑stay/limited‑service hotel with 41 rooms; Built in 1944; Located on the Black Horse Pike corridor in Mays Landing, NJ
