Technical
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Property profile

Cliff Rd Sewaren, NJ 07077

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cliff Rd Sewaren, NJ 07077
Sewaren metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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