Cliff Rd Sewaren, NJ 07077
This exceptional waterfront property presents a unique investment opportunity in the desirable Sewaren, NJ community. The marina boasts seven slips, four of which are currently leased at $10,200 per season, generating substantial recurring revenue. The owner retains use of the remaining three slips, offering personal enjoyment alongside the investment potential. Township records indicate a total of thirteen slips, suggesting potential for expansion and increased income. The property is ideally situated along the picturesque Sewaren waterfront, providing stunning views and easy access to recreational activities. The surrounding area offers convenient amenities including a playground, dog park, and a vibrant Tiki Bar, enhancing the overall appeal and desirability of the location. This turnkey marina presents a rare chance to acquire a profitable waterfront business with significant upside potential. The existing rental income stream provides immediate returns, while the possibility of expanding the number of slips offers a clear path to future growth. Don't miss this chance to own your own private marina in a thriving waterfront community. The property is priced at $500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.