3304 State Route 66, Neptune Twp. NJ 07753-2706

$2,800,000
Active
Neptune Twp.

About this home

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.

Taxes & fees

Annual property tax
$14,773
Tax year
2024
Tax rate
1.678

Property details

Year Built
1952
Roof (*text)
Asphalt Shingle
Lot Size Area
2.22
MLS #
4043413

Features & amenities

Year Built (*numeric)
1952
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
0
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s)
Heating
4+ Units, Baseboard - Hotwater
Lot dimensions
2.22 AC
Property Location

40.22896, -74.0641

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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