Closed$419,000
TLC ≈ $3,784/mo
4 3 1,896 sqft
512 Wrightstown Sykesville Road, Wrightstown, NJ 08562
128 Route 68 Highway, Wrightstown, NJ 08562
$1,100,000
0 beds 0 baths 5,376 sqft Built 196944 days on marketClosed
About this home
Rare Opportunity to own well managed profitable Motel in New Jersey. 18 Rooms Motel with separate Villa. 3.44 Acres of independent land back to woods. Motel office can be converted back to Motel room to make 19 rooms Motel. Managed by absentee Owners, retiring after running Motel for 35 years. All sale thru self managed website, Expedia, Hotel.com etc. Potential to increase sale and self manage Motel. Villa has 3 rooms and 1 1/2 toilets, basement, additional office space, with its own heat, hot water. Villa needs updating. Converting Villa to coffee shop, owner/manager residence, office, medical office can add more revenue. Big lot has potential to add more Motel rooms. Very near to Fort Dix - very large army/air base. Sold AS IS.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 10% down, Cash at 4% APR.
Your estimated payment
$2,264/mo
- Real estate (PITI + HOA + PMI)
- $2,005
- Utilities
- $612
- Transportation
- $124
- Other (entertainment)
- $158
Principal + interest$0
Property tax + insurance$1,730
PMI / 2nd mortgage$275
Heating + cooling$144
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$124
Budget$5,000/mo
Remaining after TLC$2,736/mo
Purchase price
$1,100,000
Down payment
$110,000 (10%)
Loan amount
$990,000
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
1969
Lot size
3.4407 ac
Stories
2
Heating
See Remarks
Cooling
Window Unit(s)
Water
Well
HOA
—
Annual tax
$11,068
MLS #
2352531M
County
Burlington
At a glance
Garage
Home features
Parking
GarageDrivewayOn Site
Flooring
Carpet, Ceramic Tile
Roof
Asphalt
Sewer
Septic Tank
Lot features
Highway Commercial
Neighborhood — 08562
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 5,578 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 18.00% | 14.00% | 20.00% |
| Population Density | 245 | 1,137 | — |
| Male | 3,100 | 4,307,827 | 147,432,321 |
| Female | 2,455 | 4,525,010 | 151,655,844 |
| Never Married | 1,571 | 1,965,811 | 63,775,926 |
| Married | 2,125 | 3,647,435 | 123,120,365 |
| Separated | 178 | 391,239 | 12,639,686 |
| Widowed | 162 | 515,172 | 15,467,586 |
| Divorced | 324 | 529,393 | 23,075,029 |
| Number Of House Hold | 1,693 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.80 | 2.73 | 2.60 |
| Medial Age | 26.25 | 37.15 | 35.46 |
| Median House Hold Income | $49,391 | $63,392 | $48,276 |
| Average House Hold Income | $55,903 | $83,312 | $63,629 |
| P C I | $22,790 | $30,662 | $24,529 |
| M D I | $42,069 | $52,505 | $41,133 |
| A T H E | $46,915 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 77.70% | 81.02% | 77.74% |
(Zip) Code
8562
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 9/10/2023. Provided courtesy of LOVI REAL ESTATE LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.