0 Popular Marina In Central New JerseyPerth Amboy, NJ 08861

Property Details for 0 Popular Marina In Central New Jersey

Property type

Specialty properties

Property subtype

Marinas

Description

This thriving marina in Perth Amboy, NJ, offers a unique investment opportunity. Established in 1965 and fully owned by the current owners, this marina boasts 3 lots and 300 feet of prime waterfront property in Middlesex County (zip code 08861). The property includes a two-bedroom house with a basement currently housing a leased bait shop, which also sells fuel oil. Additional income streams include 21 boat slips (ranging from 22' to 60'), generating approximately $50,000 annually in rental income, plus $20,000 in cash-based winter storage fees. A crane on-site provides additional revenue. Two mechanics operate on-site, sharing a percentage of their repair fees with the owner. The marina benefits from a recently paved access road and is ideally situated to capitalize on the area's growing tourism and the planned expansion of Seastreak Ferry routes. A nearby $4 million investment in waterfront improvements will further enhance the marina's appeal and value. The property presents significant upside potential through the addition of services such as a snack bar, restaurant, or expanded repair facilities. The marina is currently insured and has no known environmental concerns. This is a turnkey operation with a strong track record and significant growth potential. Asking price: $1,990,000.

Location Insight

City

Perth Amboy

County

Middlesex

State

New Jersey

Latitude

40.5091

Longitude

-74.2766

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