Property
Elmer, NJ 08318 326 S Main Street
$969,156
5 more
Presented By: Real Broker, LLC
SQFT • 4,831
Home Details
Lakeside Manor is a 32 Bed, free standing Residential Health Care Facility licensed by the State
of New Jersey Department of Community Affairs to provide personal care to up to 32 residents.
Fully staffed, it allows residents to enjoy their short or long term occupancy. The facility has just
received its 2025 DCA State License in March, this being the 10th year of ownership and
approved licensing. Located in Elmer, Salem County, Lakeside Manor sits across from Elmer
Lake providing a tranquil, peaceful setting. As currently structured, Lakeside Manor produces a
Cap Rate of over 12% with a possibility of increasing the profitability, including but not limited
to an additional revenue opportunity for mental health professionals [with assigned NPI
number] to bill Medicare/Medicaid under Fee for Services. Well established and stable facility that has been well kept for a decade of current ownership.
Presented By: Real Broker, LLC
Interior Features for 326 S Main Street
Other Interior Features
Central Air Y/NYes
Heating FuelOil
Heating Y/NYes
Hot WaterNatural Gas
General for 326 S Main Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building
CityELMER
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountySALEM
DirectionsFrom center of Elmer, South on Main Street. PIQ at corner of Main Street, Salem St. Across from Centerton Road
HeatingForced Air
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaElmer Boro (21703)
ModificationTimestamp2025-05-07T15:17:35
MunicipalityELMER BORO
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG200.61
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount17112.0
Tax Assessed Value418000.0
Tax Lot00018
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1890
Year Built SourceAssessor
ZoningR125
Exterior for 326 S Main Street
Building Area Total4831.00
Car Parking Spaces10
Gulf-FrontNo
Land Assessed Value44200.00
Land Use Code
Lot Dimensions87.00 x 0.00
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner