1401 Main St Stafford Township, NJ 08050
Exceptional investment opportunity: a fully accredited and operational cemetery in Stafford Township, NJ (Ocean County, zip 08050), encompassing 25.459 acres and featuring a two-story office building (1 sq ft). The property includes an existing mausoleum built in 2006, with 350 garden-style crypts (50 available) and 60 niches (15 available). A substantial development plan allows for the construction of four large and two smaller mausoleums, along with approximately 14,000 additional grave sites. Currently, approximately 1,900 grave sites exist, with approximately 180 sold. The property boasts a peaceful setting with landscaped grounds and a loop road. The location is advantageous, situated in Ocean County where 22.5% of the population is over 65. This unique offering presents a long-term investment opportunity with significant potential for growth and revenue generation through gradual build-out and the addition of a chapel. The asking price is $10,000,000. The property's non-profit status under NJ cemetery regulations offers unique tax advantages.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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