3304 State Route 66, Neptune Twp., NJ 07753

$2,800,000
Active for Sale
 
Listing ID 11837163
Property Type Commercial
County Monmouth
Township Neptune Twp.
Total Tax $14,773
FEMA Flood Map fema.gov/portal
Year Built 1952
   
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Hotel/Motel | Neptune Twp.

Attention Builders, Developers & Investors! Rare opportunity to acquire a highly visible 2.2-acre commercial property on busy Route 66 in Neptune, surrounded by major redevelopment projects and located just minutes from Jersey Shore beaches, Jersey Shore Premium Outlets, and national retailers. This prime C-1 zoned site offers exceptional exposure and allows for nearly 200 permitted uses. The existing 25-room motel with in-ground pool and circular driveway requires complete renovation, however, its strategic location historically generated strong summer occupancy at peak season. The expired OYO franchise agreement provides a blank slate?rehab, rebrand, repurpose, or tear down and build new. Whether you're envisioning a hotel, retail center, medical office, restaurant, mixed-use concept, or a stand-alone commercial building, the possibilities are endless. Value is in the land and unparalleled location. Property is strictly sold AS-IS. Cash buyers only with quick closing preferred. Showings by confirmed appointment only.
Property Details
  • 26 Half Baths
  • 2.22 Acres
  • Built in 1952
Exterior Features
  • Pool
Commercial Info
  • % Cap. Rate
Taxes and Fees
  • $14,773 Total Tax
Listed By
Weichert, Realtors - Short Hills
Office: 973-376-4545
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