For Sale
$7,100,000

197 Princeton AveBrick Township, NJ 08724

Profitable marina with 200+ slips & expansion potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional waterfront property, located at 197 Princeton Avenue in Brick Township, NJ (08724), presents a unique investment opportunity. Spanning over 9 acres on the north side of the Metedeconk River, near Barnegat Bay, this established marina boasts over 200 boat slips and 15 jet ski ports. The property includes two travel lifts (40-ton and 15-ton capacity) and extensive yard equipment. Amenities for boat owners include dockside water and electric hookups, a picturesque treed and grassed picnic area perfect for barbecues, and ample land for winter dry storage. Further enhancing the property's appeal is a private swimming pool with surrounding lounge areas. The main office building features adjoining living quarters and a large deck offering stunning panoramic views of the marina. Eleven buildings are currently on-site, and approved plans exist for a 2.5-story waterfront restaurant and seven additional new or renovated buildings, presenting significant expansion potential. This family-owned business, operating successfully for 48 years, offers a proven track record. Detailed financial information is available upon request to qualified buyers. The property is zoned R-15 and has an APN of 07-00871-0000-00008. The asking price is $7,100,000. This is a corporate-owned property.

Highlights

  • Exceptional waterfront investment opportunity in Brick Township, NJ.
  • Established marina with over 200 boat slips and 15 jet ski ports on 9 acres.
  • Includes two travel lifts (40-ton and 15-ton), extensive yard equipment, and ample dry storage.
  • Amenities include dockside utilities, picnic area, and a private swimming pool.
  • Main office building with living quarters and deck, plus eleven existing buildings and approved plans for expansion.
  • Family-owned, 48-year operating history; $7,100,000 asking price.

Property Details for 197 Princeton Ave

Property type
Specialty properties, Marinas
Buildings
11
Stories
1

Location Insight

City
Brick Township
County
Ocean
State
New Jersey
Latitude
40.0615165
Longitude
-74.1151526
197 Princeton Ave, Brick Township, New Jersey

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197 Princeton Ave
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