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1501 Bayview Ave
Barnegat Light, NJ 08006

The Marina at Barnegat Light · Specialty Property For Sale · 4,400 SF

Investment Highlights

  • Great opportunity for either a first time marina owner or owner-operator to acquire a marina with passive cash flow
  • Simple operation with almost 100% of revenue from wet slip rental
  • Popular second home and vacation rental destination with growing, affluent demographics
  • 97% overall occupancy in market that is similarly occupied bodes well for future rate increases
  • Several value-add opportunities exist to increase revenue and income significantly

PROPERTY FACTS

Property Type Specialty
Property Subtype Marina
Lot Size 0.60 AC
Building Size 4,400 SF
No. Stories 2
Year Built 1975

Amenities

  • Waterfront

About 1501 Bayview Ave , Barnegat Light, NJ 08006

The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase The Marina at Barnegat Light.  Located in Barnegat Light, NJ, the northernmost town on the well-known barrier island of Long Beach Island. Long Beach Island is a popular second home location and vacation rental destination for affluent residents of both the Philadelphia and New York City metro areas.  The Marina at Barnegat Light is a well-established wet slip marina with consistent passive cash flow and significant value-add potential. The marina offers 78 floating wet slips, a 4,400 SF marina building with a third party leased service center. The offering is ideal for owner-operators or first time marina owners.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00030-01-00001
Land Assessment
$1,250,000
Improvements Assessment
$671,400
Total Assessment
$1,921,400

zoning

Zoning Code Commercial (Marine Commercial)
Commercial (Marine Commercial)
  • Listing ID: 23695335

  • Date on Market: 7/16/2021

  • Last Updated:

  • Address: 1501 Bayview Ave, Barnegat Light, NJ 08006

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