201 98th Street, Stone Harbor NJ | Keller Williams Jersey Shore

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201 98th Street, Stone Harbor, NJ - Active

For Sale: $3,995,000

Beds: Baths:

Type: Motel

DOM: 82 Days

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PROPERTY DESCRIPTION

Rare Opportunity: Profitable Motel with Development Potential in Stone Harbor, New Jersey An exceptional opportunity to acquire a well-established, income-producing motel in the heart of Stone Harbor, one of New Jerseyâ€™s most exclusive and supply-constrained shore markets. Known for its pristine beaches, upscale atmosphere, and loyal repeat visitors, Stone Harbor continues to command strong seasonal demand with very limited commercial inventory. The property has a proven track record of strong occupancy and consistent cash flow, supported by repeat clientele and peak summer performance. Its prime location offers easy access to the beach, downtown shopping, dining, and local attractionsâ€”ensuring continued operational success in the near term. In addition to its current profitability, the property presents a compelling redevelopment or repositioning opportunity. Given Stone Harborâ€™s high land values, strict zoning, and limited availability of developable sites, the property may offer significant long-term upside for a buyer seeking to enhance value through renovation, expansion (subject to approvals), or alternative use. The combination of immediate income and future development potential makes this asset particularly attractive to both investors and developers. Offered as a turnkey operation with meaningful upside, this is a rare chance to secure a strategically located property in one of the Jersey Shoreâ€™s most desirable and tightly held markets.

PROPERTY FEATURES

Heating:Electric
Conventional
Off Street
One Per Unit Motel/Hotel
Heater:Electric
Cooling:Central Air Conditioning
Cooling:Multi-Zoned

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ADDITIONAL PROPERTY PICTURES

Request Property Information - 201 98th Street, Stone Harbor NJ

For Sale: $3,995,000 | MLS Number: 260163

| DOM: 82 Days
Provided by: Keller Williams Jersey Shore - www.kwjerseyshorerentals.com

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Listing Courtesy of DILLER FISHER REALTORS.
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