Folsom Borough, NJ 08037,1005 1007 Black Horse Pike
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Folsom Borough, NJ 08037,1005 1007 Black Horse Pike
Folsom Borough, NJ 08037,1005 1007 Black Horse Pike
Folsom Borough, NJ 08037,1005 1007 Black Horse Pike
Folsom Borough, NJ 08037,1005 1007 Black Horse Pike

$700,000

Est. payment /mo

$999,900

30.0%
Est.Price: ?

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1005 1007 Black Horse Pike Folsom Borough, NJ 08037

12 Baths

SOLD DATE : 11/12/2023

Key Details

Sold Price $700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 573179

Style Comm. w/Apartments,Motel

Annual Tax Amount $6,500

Tax Year 2022

Property Description

Remarkable Opportunity...Well maintained 11 Unit Motel w/office + Brand New 2 story house with full basement + 38+/- Acre Separate (But Connected) Building Lot + 2 Storage Garages!...Well maintained with excellent consistent motel income with huge room to grow! Extra lot allows for expansion of motel in the Pinelands!!!...Existing building and driveway was planned for expansion!!!...Owner installing new roof too.

Location

State NJ

County Atlantic

Community Folsom Borough

Area Folsom Borough

Interior

Heating Baseboard, Forced Air, Gas-Natural, Hot Water

Flooring Carpet-Wall to Wall, Concrete, Other (See Remarks)

Exterior

Exterior Feature Storage Building, Sign, Security Light/System

Parking Features 11 or More Spaces

Roof Type Asphalt

Building

Sewer Septic

Water Well

Read Less

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by RESORTS LTD INC
agent

Jason Gareau

Broker

+1(609) 929-4486

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