3304 State Route 66, Neptune Township, NJ 07753
$2,800,000
Property Type:
Commercial
Square Footage:
5,657
Lot Size (sq. ft.):
96,703
Status:
Active
Current Price:
$2,800,000
List Date:
7/24/2025
Last Modified:
7/24/2025
Description
Attention Builders and Developers don't miss this once-in-a-lifetime opportunity! Prime 2.2-acre lot with unbeatable exposure, located near major redevelopment projects and just down the street from national retail chains and Jersey Shore Premium Outlet. Minutes from the Jersey Shore Beaches. Build your own commercial free-standing building or rehab the existing 25-room motel featuring an in-ground pool and circular driveway. Current motel is in operations, new 4 units furnaces in basement. The possibilities are boundless! Strictly sold AS-IS value is in the land and the exceptional location. Act fast this rare offering won't last!
More Information MLS# 22522148
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 494.96
New Construction: No
Status: Active
List Date: 2025-07-24
Property Sub-Type: Commercial
List Price: $2,800,000
Current Price: $2,800,000
Location
Area/Section: None
Business District: 1
Comm Distr: 1
Near Parkway Access: 1
House Number: 3304
Street Name: State Route 66
County: Monmouth
Municipality: Neptune Twp (NPT)
Postal City: Neptune Township
State: NJ
Zip Code: 07753
Complex/Subdivision: None
Directions: Rt. 66, off of Wayside Rd. Look for Motel OYO sign.
General Property Info
# Levels: 1
Available SqFt: 4000
Office SqFt: 800
Retail SqFt: 3200
Acreage: 2.22
Garage: No
# Car Garage: 0
# Parking Spaces: 50
Business Name: Monmouth OYO Motel
Business Operating: Yes
Year Established: 1952
Franchise: No
Farm: No
Apx SqFt: 5657
Apx Year Built: 1952
Tax and Legal
Asmnt - Total: 887900
Taxes: 14773
Tax Year: 2024
Income & Expenses
# Rental Units: 25
Gas: 4
Use
Hotel/Motel: 1
Zoning
Commercial: 1
Lot Description
Cleared: 1
Highway Frontage: 1
Landscaped: 1
Major Frntg: 1
Subdividable: 1
Wooded: 1
Floors
Linoleum: 1
Tile: 1
Vinyl: 1
Electric
200 - 400 AMP: 1
Basement
Partial: 1
Gas
On Site: 1
Cooling
Window Unit(s): 1
Water Heater
Natural Gas: 1
Heating
Baseboard: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Sign: 1
Parking
Guest: 1
On Site: 1
Parking Lot: 1
Paved: 1
Assessment Status
Assessed: 1
Construction/Siding
Masonite: 1
Roof
Asphalt: 1
Material
Concrete: 1
Sale Includes
Business Name: 1
Equipment/Furniture: 1
Documents Available
Aerial Photo: 1
Property Features
Location: Business District; Comm Distr; Near Parkway Access; Business District; Comm Distr; Near Parkway Access
Use: Hotel/Motel
Floors: Linoleum; Tile; Vinyl
Basement: Partial
Cooling: Window Unit(s)
Heating: Baseboard
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: 200 - 400 AMP
Exterior: Sign
Parking: Guest; On Site; Parking Lot; Paved
Roof: Asphalt
Material: Concrete
Sale Includes: Business Name; Equipment/Furniture
Zoning: Commercial
Lot Description: Cleared; Highway Frontage; Landscaped; Major Frntg; Subdividable; Wooded
Assessment Status: Assessed
Documents Available: Aerial Photo
Listing Office:
Weichert Realtors
Listing Agent:
Shih-Hwei Himawan
Last Updated: July - 24 - 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.