HOME     VACATION RENTALS     SALES Monihan Realty - Ocean City NJ Rentals and Properties For Sale      COMPANY   OCEAN CITY CONTACT
Illustration of a gap

201 98th Street, Stone Harbor

$3,995,000   | ACTIVE

Illustration of a gap

Type: Motel    |   Bedrooms:    |   Bathrooms:    |   Half Baths:     |   70 Days on Market    |   MLS: 260163

PRINT THIS PAGE
Illustration of a gap
 
Illustration of a gap
Illustration of a gap

DESCRIPTION

Illustration of a gap

Rare Opportunity Profitable Motel with Development Potential in Stone Harbor, New Jersey An exceptional opportunity to acquire a well-established, income-producing motel in the heart of Stone Harbor, one of New Jersey s most exclusive and supply-constrained shore markets. Known for its pristine beaches, upscale atmosphere, and loyal repeat visitors, Stone Harbor continues to command strong seasonal demand with very limited commercial inventory. The property has a proven track record of strong occupancy and consistent cash flow, supported by repeat clientele and peak summer performance. Its prime location offers easy access to the beach, downtown shopping, dining, and local attractions ensuring continued operational success in the near term. In addition to its current profitability, the property presents a compelling redevelopment or repositioning opportunity. Given Stone Harbor s high land values, strict zoning, and limited availability of developable sites, the property may offer significant long-term upside for a buyer seeking to enhance value through renovation, expansion (subject to approvals), or alternative use. The combination of immediate income and future development potential makes this asset particularly attractive to both investors and developers. Offered as a turnkey operation with meaningful upside, this is a rare chance to secure a strategically located property in one of the Jersey Shore s most desirable and tightly held markets.

AMENITIES

  • Heating:Electric   
  • Heater:Electric  
  • Conventional  
  • Cooling:Central Air Conditioning  
  • Cooling:Multi-Zoned  
  • City  

PROPERTY LOCATION / MAP

Last Database Update: 04/03/2026
Illustration of a gapListing Courtesy of DILLER FISHER REALTORS.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Monihan Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
Request Information
201 98th Street, Stone Harbor
For Sale: $3,995,000
MLS: 260163

Bed: | Bath: LOT:60 x 110 | DOM:70
Illustration of a gap
Illustration of a gap
Illustration of a gap
Illustration of a gap
Illustration of a gap
Request Information
Illustration of a gap
Illustration of a gap
 
Office Location - 3201 Central Avenue, Ocean City New Jersey
3201 Central Avenue
Ocean City, NJ
609-399-0998
Monihan Realty - Ocean City New Jersey
Office Location - 717 Battersea Road, Ocean City New Jersey
717 Battersea Road
Ocean City, NJ
609-399-1311
 
Instagram Facebook YouTube
 
HOME
CONTACT
SITE MAP
ADMIN
VACATION RENTALS
- Ocean City NJ Rentals
- All Summer Rentals
- Let Us Help
- Owners
- Tenants
- Pay Online
REAL ESTATE / SALES
- Featured
- Ocean City NJ
- Off-Shore
- Search All
- Recently Sold
- Market Analysis
- List With Us
- Buyer / Seller Tools
COMPANY
- Why Monihan
- About Us
- Our History
- Meet The Team
- Office Directions
- Hours
OCEAN CITY NEW JERSEY
- Properties For Sale
- Vacation Rentals
- Things To Do
- Events Calendar
- Island Gallery
- Beach Cams
- Weather Report