625 HARRISON ST new to site Save Request In-Person Tour Request Virtual Tour
Riverside,NJ 08075
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $321
Subdivision None Available
MLS Listing ID NJBL2093682
Year Built 1968
Annual Tax Amount $18,468
Tax Year 2025
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Lightning Jack's Marina offers a rare waterfront redevelopment opportunity along the Rancocas Creek in Riverside, NJ. Plans are in place to transform the site into a full-service marina with 120 wet slips, 40 dry docking spaces, and a waterfront restaurant—positioning it as a premier boating destination for southern New Jersey and the greater Philadelphia region.
The offering includes a $200,000 dock improvement allowance, fully accounted for in the pro forma, to modernize and upgrade the slip infrastructure. Once complete, the revitalized marina is projected to generate $337,000 in gross annual income with a net operating income (NOI) of $255,109. The site will feature a strong mix of boating services, seasonal storage, and waterfront dining, serving both local and transient boaters.
Strategically located just off the Delaware River with excellent highway access, Lightning Jack's benefits from growing demand for recreational boating and limited nearby competition. This is a unique chance to acquire and reposition a well-located waterfront asset with substantial long-term upside.
Location
State NJ
County Burlington
Area Riverside Twp (20330)
Zoning MARINA (510)
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Oil,Electric
Exterior
Water Access N
Roof Type Asbestos Shingle
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Riverside Township Public Schools
Others
Tax ID 30-03301-0000-00018
Ownership Leasehold
Acceptable Financing Exchange,Cash,Seller Financing
Listing Terms Exchange,Cash,Seller Financing
Financing Exchange,Cash,Seller Financing
Special Listing Condition Standard