Building Details

Year Built 1890

Buildings 1

Listing Agency: Real Broker, LLC v***@comcast.net Show Phone

Listed By: Victor Mangeney · License #454268

Source: Kandorre

Added: Jul 27 Changed: Aug 28 Last Checked: Aug 28 at 1:05PM

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Investment Insights

Based on property information with market context.

Lakeside Manor is a free-standing residential health care facility serving up to 32 residents. The property is fully staffed and authorized to provide personal care for both short-term and long-term occupancy. Its operating structure reflects an established senior-care use with a decade of current ownership.

The facility holds a 2025 license from the New Jersey Department of Community Affairs, issued in March. Located at 326 S Main St in Elmer, the property sits across from Elmer Lake in Salem County. The current structure reports a cap rate of over 11%, with the facility continuing under approved state licensing.

Key Highlights

• 32‑bed free‑standing residential health care facility
• Licensed by the New Jersey Department of Community Affairs for up to 32 residents
• 2025 DCA state license received in March

Property Analytics

Property Profile

Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 08318, NJ

11,896

Population

4,648

Households

2.6

Avg Household Size

44

Median Age

26%

College-Educated

91%

High-School Grad

80.4 sq mi

ZIP Area

148

Density / Sq Mi

$87,551

Median Household Income

$48,089

Median Earnings

$1,173

Median Rent

$271,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this assisted living facilities located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Assisted living facility - State-licensed residential healthcare property with full staffing and capacity for short- or long-term resident occupancy.

Where is this assisted living facility located?

The property is located at 326 S Main St Elmer, NJ.

What is the asking price?

The asking price for this property is $769,000.

What are key features of this property?

This property features: 32‑bed free‑standing residential health care facility; Licensed by the New Jersey Department of Community Affairs for up to 32 residents; 2025 DCA state license received in March