304 Broadway, Point Pleasant Beach, NJ 08742

$2,610,000
Property Type: Commercial Status: Closed
Current Price: $2,610,000 List Date: 3/10/2023 Last Modified: 2/14/2025

Overview

Description

Welcome to the Broadway Court Motel. This 18-unit Motel consists of 13 standard rooms and 5 efficiency apartments that have CO's. Currently this motel is only open full time for 4 months which gives the new owners a lot of opportunity for growth. Please visit broadwaycourtmotel.com or broadwaycourtmotel on expedia (#1 ranked in Pt Pleasant Beach) for more detailed pictures and layout. In July 2022 the Broadway Court Motel got approved for a 4-lot subdivision. Each lot is 50x125.

Listing Details MLS# 22306447

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
No

Location

House Number
304
Street Name
Broadway
County
Ocean
Municipality
Point Pleasant Beach (PPB)
Postal City
Point Pleasant Beach
State
NJ
Zip Code
08742
Area/Section
Pt Pleasant Bch
Directions
35 or Ocean Ave to Broadway

General Property Info

# Levels
Yes
Garage
No
# Car Garage
0

Status Change Info

Under Contract Date
2023-03-10
Sold Date
2023-04-28

Tax and Legal

Asmnt - Total
0

Income & Expenses

# Rental Units
5

More Information

Use

Hotel/Motel
Yes

Electric

200 - 400 AMP
Yes

Gas

On Site
Yes

Water Heater

Natural Gas
Yes

Heating

Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Parking

On Site
Yes

Assessment Status

Assessed
Yes

Property Features

Use: Hotel/Motel Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 200 - 400 AMP Parking: On Site Assessment Status: Assessed
Listing Office: Realty One Group Emerge
Listing Agent: Giuseppe Carannante
IDX
Last Updated: February - 14 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.