Contact Information

Mobile Home Park Details

  • Price: $1,900,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1234176
  • Posted On: Mar 24, 2020
  • Updated On: May 7, 2020

Property Description

Shady Lake Mobile Home Park is a 36 site family community located in Jackson New Jersey. Jackson Township, named after Andrew Jackson, is located in Ocean County. Ocean County is one of New Jersey's fastest growing counties and boasts many seaside destinations. As of the 2010 census, Jackson has a median household income of $86,327.

Shady Lake, located in the north western portion of the county, is just 30 minutes from the State Capital in Trenton. It's also just an hour to Newark and Philadelphia, and a short 20 minute commute to the coastal destination Belmar. Shady lake is currently operating on a Septic sewage system and municipal water system. Each site has a water meter and water is charged back to the residents via a 3rd party. In the financial section of this Offering Memorandum, water charges are included in the rent numbers. The park is also zoned to allow 4 additional sites and is under Rent Control.

As always, this is a confidential listing. Please do not visit Shady Lake without scheduling a showing with the listing agents. If you do have a showing appointment, while on site please do not speak with any tenants, employees, or owners. Please contact the listing agents for any additional information.

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Park Information

Community Type: All Age
Number of MH Lots: 36
Total Occupancy: 84.0 %
Average MH Lot Rent: $550
Size: 10 acre(s)

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0