1005 Black Horse Pike Pike, Folsom Borough, NJ 08094
1005 Black Horse Pike Pike, Folsom Borough, NJ 08094
1005 Black Horse Pike Pike, Folsom Borough, NJ 08094
15
See all 15 photos
$850,000
Est. payment /mo
Save
40 Acres Lot
Price Dropped by $50K

1005 Black Horse Pike Pike Folsom Borough, NJ 08094

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 605529

Annual Tax Amount $5,151

Tax Year 2024

Lot Size 40.000 Acres

Property Description

Property Overview A rare opportunity to acquire a diversified, income-producing estate positioned along highly trafficked Black Horse Pike, just minutes from major South Jersey corridors. The Green Terrace Motel spans approximately 40 acres and offers immediate cash flow and long-term development upside. This turnkey operation includes a fully operational motel, and expansive land with subdivision potential. • 11-Unit Operational Motel Fully functional with office/reception space, well maintained, and delivering stable rental income. • 38± Acre Connected Lot Primed for development, agriculture, recreation, or potential subdivision (confirm with zoning). • Two Detached Storage Garages Suitable for personal use, operations storage, or rental to third parties.

Location

State NJ

County Atlantic

Community Folsom Borough

Area Folsom Borough

South Jersey Shore Regional MLS (SJSRMLS)
Listed by GRACE PROPERTIES

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Michelle McMaster

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Sail Lake Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1005 Black Horse Pike Pike

Top Areas & Neighborhoods
There are 19 quick searches