Popular Marina with Real Estate in Middlesex County, NJ

This is a popular marina located in Central New Jersey, Middlesex County, that includes the real estate. Established in 1965, the business is owned by a couple looking to retire. It features 3 lots with 300 feet of waterfront property. The marina offers 21 boat slips accommodating vessels from 22' to 60', with annual rental rates ranging from $2,000 to $3,000 per boat. Additional income is generated from winter storage ($20k annually), fuel sales, and a bait shop. The property also includes a two-bedroom house. There are opportunities for significant revenue expansion through operating the leased bait shop and fuel services, adding a snack bar/restaurant, or offering maintenance and repair services. Two mechanics currently visit the site for repairs. The listing also notes potential for townhouse development due to its shoreline location and proximity to developing areas and anticipated Seastreak Ferry route expansions. Inventory is included with a value of $420,000. The asking price for the business and real estate is $1,990,000.