Folsom Borough, NJ 08094,1005 Black Horse Pike Hwy
Folsom Borough, NJ 08094,1005 Black Horse Pike Hwy
Folsom Borough, NJ 08094,1005 Black Horse Pike Hwy
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$1,000,000
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1005 Black Horse Pike Hwy Folsom Borough, NJ 08094

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 595673

Style Motel

Annual Tax Amount $5,151

Tax Year 2024

Property Description

Discover the Green Terrace Motel, a truly exceptional and turnkey investment at 1005 Black Horse Pike in Folsom, NJ. This well maintained, 11-unit property has been significantly enhanced with multiple updates over the past two years, setting it apart in the market. Strategically positioned on a high-visibility stretch of Route 322, it captures attention in a bustling high-traffic corridor, mere minutes from the Atlantic City Expressway. The hard work is done; step into a fully operational and updated motel with a proven location for consistent returns.

Location

State NJ

County Atlantic

Community Folsom Borough

Area Folsom Borough

Interior

Heating Baseboard, Hot Water

Flooring Linoleum/Vinyl

Building

Sewer Private

Water Well


South Jersey Shore Regional MLS (SJSRMLS)
Listed by LEVIN COMMERCIAL REAL ESTATE, LLC

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agent

Vince Capriotti

REALTOR® | License ID: 1753769

+1(609) 923-1065

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1005 Black Horse Pike Hwy