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  • Price$1,200,000

76 Oregon Avenue, Waretown

Live the dream with this opportunity to own your own marina! Located on the protected South Harbor Lagoon in Waretown, NJ. with direct access to the Barnegat Bay and the intracoastal waterway. Located across the bay from the Barnegat Inlet, less than a 15 minute boat ride from the Atlantic Ocean.130+ slips for boats up to 50 feet, with direct parking behind most boat slips, offering your boaters convenient, quiet and uninterrupted use of their boat. Mens/womens restrooms, picnic area, bbq grills, trash disposal, 30-amp metered electric and dockside water. Perfect location for skiers, cruisers or fishermen.Neighboring marina is full service with fuel and repair.Seller will offer financing if desired.Seller will finance the purchase with $500,000 down, he will provide 5 year financing based on 20 year amortization at 4.5%. Amazing opportunity for passive income. Avid boater? Buy the marina! Current return is 5%, however, huge opportunity to increase that number!

Essential Information

  • MLS® #21923682
  • Price$1,200,000
  • Square Footage0.00
  • Acres0.00
  • TypeCommercial / Industrial / Business
  • Sub-TypeCommercial
  • StyleMarine
  • StatusActive

Amenities

  • AmenitiesDock
  • ParkingOn Site
  • GaragesNo
  • WaterfrontBayfront, Cove, Lagoon

Exterior

  • Lot DescriptionBayfront, Bulkhead, Fenced/Enclosed Area, Lagoon, Major Frntg

Community Information

  • Address76 Oregon Avenue
  • AreaOcean(ocn)
  • CityWaretown
  • CountyOcean
  • StateNJ
  • Zip Code08758

Interior

  • # of Stories1

Listing Details

  • Listing AgentKimberly Newsome
  • Listing OfficeBerkshire Hathaway Homeservices Signature Properties
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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 is updated as of September 21st, 2019 at 10:05pm EDT (date/time). 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.