Cliff Rd Sewaren, NJ 07077
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for Cliff Rd
- Property type
- Commercial real estate
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sewaren
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2506
- Latitude
- 40.5568