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8000 Gondek Drive - Morgan Marina 4,000 SF Specialty Building Offered at $8,070,256 CAD in Parlin, NJ 08859



Investment Highlights
- Well-established marina with exceptional opportunities for value-ad projects that would provide a surge to profitability and an expanded operation
- A fully stocked and convenient Marine Store
- Massive daily drive-by exposure provided from the Garden State Highway bridge
Executive Summary
This 9.38-acre full-service marina has been successfully operated as a family business for the past 60 years. Its regular high-quality customer base averages 350 to well over 400 customers and the list is growing. West slips and storage on the hard provides a safe harbor just minutes from Raritan Bay and a beautiful boat ride to New York City. With three operating 25-ton Travelift units, the yard can haul and block vessels up to 50' quickly and safely and there is never a problem with downtime due to mechanical breakdowns. A convenient and well-stocked Ships' Store and parts counter provides everything a boater might need for maintenance, repairs and provisioning. This is a cash-flowing entity with exceptional opportunities for value-ad projects that would provide a surge to profitability and an expanded operation. There is ample space on the uplands to reconfigure blocked boats to open the property up for additions like a restaurant, a waterfront bar, boat club, rentals, covered storage and more (all subject to approvals and permits of course). Massive daily drive-by exposure provided from the Garden State Highway bridge on the marina property's western border is priceless. Morgan Marina is a quietly and successfully operating opportunity for its next owner to expand the vision and carry it to a higher level!
Property Facts Under Contract
| Price | $8,070,256 CAD | Building Class | B |
| Price Per SF | $2,017.56 CAD | Lot Size | 23.13 AC |
| Sale Type | Investment or Owner User | Building Size | 4,000 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 1972 |
| Zoning | MW - Marine waterfront | ||
| Price | $8,070,256 CAD |
| Price Per SF | $2,017.56 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 23.13 AC |
| Building Size | 4,000 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | MW - Marine waterfront |
Amenities
- Waterfront
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 19-00451-0000-00002 | Improvements Assessment | $501,450 CAD |
| Land Assessment | $1,366,199 CAD | Total Assessment | $1,867,649 CAD |
Property Taxes
Parcel Number
19-00451-0000-00002
Land Assessment
$1,366,199 CAD
Improvements Assessment
$501,450 CAD
Total Assessment
$1,867,649 CAD
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8000 Gondek Drive - Morgan Marina
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