$850,000

1005 Black Horse Pike Pike, Folsom Borough NJ, 08094

Property typeCommercial

Overview

Active

Listed Mar 11, 2026

Updated Aug 17

Property Overview A rare opportunity to acquire a diversified, income-producing estate positioned along highly trafficked Black Horse Pike, just minutes from major South Jersey corridors. The Green Terrace Motel spans approximately 40 acres and offers immediate cash flow and long-term development upside. This turnkey operation includes a fully operational motel, and expansive land with subdivision potential. • 11-Unit Operational Motel Fully functional with office/reception space, well maintained, and delivering stable rental income. • 38± Acre Connected Lot Primed for development, agriculture, recreation, or potential subdivision (confirm with zoning). • Two Detached Storage Garages Suitable for personal use, operations storage, or rental to third parties.

Other Property Details

Taxes: $5,151
Tax Frequency: Annually

Listed by ROBERT SALVATO with GRACE PROPERTIES
Listing Contact:

The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 8/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 8/17/2026 at 5:27 PM UTC