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Hotel/Motel For Sale

3304 State Route 66, Neptune Twp., Monmouth 07753-2706

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Property Description

Attention Builders, Developers & Investors! Rare opportunity to acquire a highly visible 2.2-acre commercial property on busy Route 66 in Neptune, surrounded by major redevelopment projects and located just minutes from Jersey Shore beaches, Jersey Shore Premium Outlets, and national retailers. This prime C-1 zoned site offers exceptional exposure and allows for nearly 200 permitted uses. The existing 25-room motel with in-ground pool and circular driveway requires complete renovation, however, its strategic location historically generated strong summer occupancy at peak season. The expired OYO franchise agreement provides a blank slate?rehab, rebrand, repurpose, or tear down and build new. Whether you’re envisioning a hotel, retail center, medical office, restaurant, mixed-use concept, or a stand-alone commercial building, the possibilities are endless. Value is in the land and unparalleled location. Property is strictly sold AS-IS. Cash buyers only with quick closing preferred. Showings by confirmed appointment only.

Basic Details
Property Type:
Hotel/Motel
Listing Type:
For Sale
Listing ID:
3977320
Price:
$2,800,000
Year Built:
1952
Lot Area:
2.22 Acre
Status:
Active
Office Name:
WEICHERT REALTORS
Agent Name:
SHIH HWEI HIMAWAN
Roof:
Asphalt Shingle
Features
Heating System:
Baseboard - Hotwater, 4+ Units
Cooling System:
Wall A/C Unit(s)
Basement:
Unfinished, Storage
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Monmouth
County:
Monmouth
City:
Neptune Twp.
Zipcode:
07753-2706
Street:
State Route 66
Street Number:
3304
Longitude:
W75° 56' 10''
Latitude:
N40° 13' 44.5''
Directions:
Rt. 66. Look for Monmouth OYO Motel sign.
Zoning:
C-1
Additional Information
Lot Size Dimensions:
2.22 AC
Water Source:
Public Water
Stories Total:
1
Number Of Units Total:
25
Lot Features:
Level Lot
Building Size:
5657
Financial
Tax Annual Amount:
14773
Listing Information
List Agent Mls Id:
265712
List Office Mls Id:
000619
Mls Status:
Active
Modification Timestamp:
2026-06-18T19:07:15Z
Originating System Name:
gsmls
Hotel/Motel For Sale
Listing ID:
3977320
Lot Area:
2.22 Acre
$2,800,000
Agent info
Contact Agent

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