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

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.

More Information MLS# 22306447

Contract Info

Sale: Yes Lease: No Status: Closed List Date: 2023-03-10 Property Sub-Type: Commercial Sold Price: $2,610,000 Current Price: $2,610,000

Location

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

General Property Info

# Levels: 1 Garage: No # Car Garage: 0

Tax and Legal

Asmnt - Total: 0

Income & Expenses

# Rental Units: 5

Use

Hotel/Motel: 1

Electric

200 - 400 AMP: 1

Gas

On Site: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Parking

On Site: 1

Assessment Status

Assessed: 1

Status Change Info

Under Contract Date: 2023-03-10 Sold Date: 2023-04-28 Sold Price: $2,610,000

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.