$2,900,000 805&807 W New York 661 New Rd. 604-606-608-641-643 9th St. Avenue Somers Point, NJ

MLS: 168102   Type: Lot-Land   County: Atlantic   City: Somers Point   Zip: 08244   Style: Commercial Vacant Lot     Taxes: $53,325

Mortgage $13,615 /mo

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Motel Complex in prime location. Owl Motel located in Somers Point consisting of 24 units, Restaurant, and Beauty Salon. Units include 14 Motel Units with full Kitchens, and 10 One and Two Room Suites with Living and Dining areas with full Kitchens. Fully Equipped Restaurant and Beauty Salon with profitable leases in place. Plus 5 additional lots included in the sale for additional expansion of the complex. Newly renovated ! Owner is retiring ! This is a golden opportunity !

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Price History

6/30/2016 Listed $4,900,000
8/1/2016 11% - $4,400,000
1/27/2017 5% - $4,200,000
10/30/2017 8% - $3,900,000
2/17/2018 26% - $2,900,000

Type Commercial Vacant Lot
Zoning Commercial, Hotel/Motel

Property Schools



Direct Link:

http://www.weichertshorehomes.com/property/26-168102-805807-W-New-York-661-New-Rd-604-606-608-641-643-9th-St-Avenue-Somers-Point-NJ-08244

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Property vs Zip Code Avg (08244)

Price 2.90M Avg 1.47M

Taxes $53,325 Avg $27,558

Visits 12 Avg 9

Days on Site 880 Avg 458

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Listing Provided Courtesy Of: JERSEY SHORE REAL ESTATE SERVICES, LLC




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Location & Address

Weichert Realtors The Asbury Group
660 Asbury Ave.
Ocean City-Atlantic City, NJ
609-879-0755
609-398-2220

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