326 S Main St, ELMER, NJ

$969,156

Previous Next

4,831

Square feet

About 326 S Main St

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.

Features of 326 S Main St

MLS® # NJSA2014694
Price $969,156
Bathrooms 0.00
Square Footage 4,831
Acres 0.00
Year Built 1890
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 326 S Main St
Area Elmer Boro (21703)
City ELMER
County SALEM-NJ
State NJ
Municipality ELMER BORO
Zip Code 08318

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
Has Basement No
Fireplace No

School Information

District ELMER BORO

Additional Information

Date Listed May 7th, 2025
Days on Market 162
Zoning R125
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker, LLC
Contact Info8563524045

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?