Property summary
This exceptional investment opportunity presents three independent motels totaling 85 keys, strategically located in North Bergen and Lyndhurst, New Jersey. These properties boast a remarkable 45-year lease with an option to purchase, offering unparalleled long-term stability. The portfolio currently enjoys 100% occupancy, generating a substantial NOI of $1,080,983 (projected to reach $1,214,232). Built in 1984 and extensively renovated in 2024, the three two-story buildings sit on a… combined 1.5 acres of land, providing ample parking for 90 vehicles. The properties feature 90 beds and modern, large bathrooms with granite and quartz finishes. The current operational model is straightforward, with a revenue mix of 80% cash and 20% credit card payments. There is no reliance on property management systems, electronic locks, or online travel agencies. The portfolio's financial performance is impressive, with a combined room revenue of $2,714,064 in 2023 and $2,874,025 in the trailing twelve months ending July 2024. The asking price is $1,800,000, representing a compelling cap rate of 60.05% (pro-forma 67.46%). Each property has a base annual rent of $288,000, with future rent increases tied to the Consumer Price Index. A security deposit equivalent to two months' rent is required. This is a rare opportunity to acquire a stabilized, high-performing motel portfolio with significant long-term potential. The properties are zoned for lodging and are offered for sale by owner.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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