139 Faunce Lndg Rd Absecon, NJ 08201-1807
This exceptional 1.83-acre waterfront property in Absecon, NJ, presents a rare investment opportunity. Located at 139 E Faunce Landing, the site boasts 38 existing boat slips, offering immediate income potential. A building currently equipped with a kitchen area is ideally suited for conversion into a restaurant or catering facility, further enhancing revenue streams. The property also includes a separate bait and tackle shop building. An above-ground fuel tank is situated on the premises. The expansive waterfront location provides stunning views of Atlantic City, and its proximity to the Brigantine Bridge (6 miles) ensures convenient access. Ample parking is available at the front of the property. The property is zoned R2 (Moderate-Density Residential District). This unique combination of marina, potential restaurant space, and boat storage makes this a highly desirable and versatile commercial property. The seller is offering a 2.5% concession to the buyer. This is a truly exceptional opportunity to acquire a thriving waterfront business or develop a unique commercial venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Absecon, NJAbsecon. Always verify with local authorities before improvements.
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.