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2 Point Rd
Waretown, NJ 08758

Key Harbor Marina · Speciality Property For Sale · 28,852 SF

Investment Highlights

  • Safe and wide channel for easy access to the marina
  • 260 wet slips for vessels up to 66' and 22' beam
  • Undercover rack storage for boats
  • Basin is well-protected from wave action and storms
  • Full amenities on the docks including water, electric and cable
  • Certified Yamaha and Suzuki engines

PROPERTY FACTS

Property Type Speciality
Property Subtype Marina
Building Class C
Lot Size 23.70 AC
Building Size 28,852 SF
Number of Floors 1
Year Built 1986

About 2 Point Rd , Waretown, NJ 08758

This spectacular full-service Marina overlooks beautiful Barnegat Bay and the Jersey Shore. The large body of protected water inside the barrier islands provides a natural breakwater effect to keep seas manageable while delivering a true open-water boating experience. The Marina’s private basin provides further protection and tranquility as it effectively guards against damage during storms while providing security for its customers. Storage, fuel, service, bait, rentals, restaurant, swimming pool, modern bath houses, a showroom, new boat sales, haul & launch, convenient parking, a Travelift and cleaning stations are only a few of the outstanding attributes customers enjoy at this grand facility. Key Harbor is an exceptionally profitable facility with a full range of income streams that culminate from the vibrancy of its combined operations. Its value was determined taking some banding of cash flows into consideration while applying an 8% cap rate to the rest. The facility is most certainly priced to sell and to provide additional opportunities for its next owner into the future.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-00241-12-00016-01
Land Assessment
£3,061,957
Improvements Assessment
£2,618,613
Total Assessment
£5,680,570

zoning

Zoning Code WD (Waterfront Development District)
WD (Waterfront Development District)
  • Listing ID: 19062807

  • Date on Market: 31/03/2020

  • Last Updated:

  • Address: 2 Point Rd, Waretown, NJ 08758

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