1005 Black Horse Pike, Folsom Borough, NJ | MLS # 605529 For Sale

Property Details

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.

This listing is provided courtesy of GRACE PROPERTIES

MLS #: 605529
Status: Active
Address: 1005 Black Horse Pike Pike, Folsom Borough, NJ 08094
Date Listed: 2/1/2026
Days on Market: 40

Location

Additional Features

County: Atlantic
Waterfront Features: No
Lot Number: 5
Block Number: 2301
For Sale / Lease: For Sale
Taxes: 5151
3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information 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. All information deemed reliable, but not guaranteed. All properties are subject to change.

1005 Black Horse Pike Pike, Folsom Borough