1401 N Main St Manahawkin, NJ 08050

This fully approved cemetery presents a long-term development opportunity with a build-out plan designed to gradually increase capacity and revenue. The addition of an approved chapel is projected to provide further revenue over time. White Cedars Memorial Park and Mausoleum, operational and fully accredited since 2001, is located approximately 6 miles from Exit 63 of the Garden State Parkway, offering about 2,500 feet of frontage on Route 9. Situated in the Jersey Shore area, it benefits from proximity to large retirement communities. The property is located in Ocean County, where over 22% of the population is over 65 years old. The existing infrastructure includes a two-story office building and a loop road with approximately 900 graves, of which approximately 80 have been sold. The site has the capacity for up to approximately 4,000 additional graves. The existing mausoleum, constructed in 2006, features 350 garden-style crypts, with 50 currently available, and 60 niches, with 15 still available. The property is set within landscaped grounds bordered by woods at the rear, creating a peaceful environment. The site has the potential for the construction of four large and two smaller mausoleums. Cemeteries in New Jersey are privately held non-profit entities with private boards, offering specific investment and tax advantages.