139 Faunce Landing RdAbsecon, NJ 08201

Property Details for 139 Faunce Landing Rd

Lot size

1.83 AC

Zone code

R2

Property type

Commercial real estate

APN

01 00164-0000-00009

APU

100164000000009

Description

This exceptional 1.83-acre waterfront property in Absecon, NJ, presents a rare investment opportunity. Located at 139 E Faunce Landing, the site boasts 38 existing boat slips, offering immediate income potential. A building currently equipped with a kitchen area is ideally suited for conversion into a restaurant or catering facility, further enhancing revenue streams. The property also includes a separate bait and tackle shop building. An above-ground fuel tank is situated on the premises. The expansive waterfront location provides stunning views of Atlantic City, and its proximity to the Brigantine Bridge (6 miles) ensures convenient access. Ample parking is available at the front of the property. The property is zoned R2 (Moderate-Density Residential District). This unique combination of marina, potential restaurant space, and boat storage makes this a highly desirable and versatile commercial property. The seller is offering a 2.5% concession to the buyer. This is a truly exceptional opportunity to acquire a thriving waterfront business or develop a unique commercial venture.

• Alternative Use

  Use

  Valuation

  Residential

  $28,813,450

  Hospitality

  $26,392,964

  Educational

  $21,958,636

  Medical

  $22,713,828

  Retail

  $34,157,880

Location Insight

City

Absecon

County

Atlantic

State

New Jersey

Latitude

39.4265

Longitude

-74.4911

CBSA code

12100

CBSA name

ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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