- 1987
- year built
- Status:
- Active
- MLS #:
- 22628905
- County:
- Atlantic
- Listed By:
- Iftikhar Haq - Keller Williams Realty Freehold
- Office Phone:
- (732) 536-9010
- Agent Email:
- haq1971@gmail.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Opportunity to acquire a full-service hospitality asset 102 Keys - $1.3 MM Revenue- featuring hotel accommodations, banquet facilities, meeting space, and food & beverage operations. '' Strategically located along the heavily traveled White Horse Pike (US Route 30), providing direct access to Atlantic City, Atlantic City International Airport, and the broader South Jersey market. '' Diversified revenue streams from guest rooms, banquet events, corporate meetings, weddings, social functions, group bookings, and restaurant operations. '' Approximately 2,800 SF of flexible meeting and banquet space capable of accommodating corporate events, weddings, conferences, and private gatherings. Opportunity to acquire a full-service hospitality asset featuring hotel accommodations, banquet facilities, meeting space, and food & beverage operations. Strategically located along the heavily traveled White Horse Pike (US Route 30), providing direct access to Atlantic City, Atlantic City International Airport, and the broader South Jersey market. Diversified revenue streams from guest rooms, banquet events, corporate meetings, weddings, social functions, group bookings, and restaurant operations. Approximately 2,800 SF of flexible meeting and banquet space capable of accommodating corporate events, weddings, conferences, and private gatherings. Strong regional demand drivers including Atlantic City casinos, beaches, boardwalk attractions, Stockton University, healthcare facilities, airport traffic, and business travelers. On-site restaurant operation provides additional income potential and enhances guest experience. Property amenities include outdoor swimming pool, free parking, Wi-Fi, guest laundry, banquet facilities, elevators, and meeting rooms. High-visibility location with excellent frontage and accessibility along one of Atlantic County's primary commercial corridors. Positioned within an established hospitality corridor surrounded by national and independent hotel operators, including Fairfield by Marriott Inn & Suites Atlantic City Absecon, Hampton Inn Atlantic City/Absecon, and Holiday Inn Express & Suites Absecon-Atlantic City Area. Convenient location approximately nine miles from Atlantic City International Airport and minutes from Atlantic City's entertainment, gaming, convention, and tourism destinations. Attractive opportunity for owner-operators, hospitality groups, and investors seeking a value-add hotel asset in the Atlantic City lodging market. Potential upside through operational improvements, revenue management strategies, banquet expansion, and property enhancement programs.
Highlights
- Commercial Sale
- Built in 1987
- 4.46 Acre Lot
- 59 days on Market
-
- Year Built
- 1987
-
- Stories
- 3.0
-
- Parking Features
- On Site
-
- Appliances
- Water Heater
-
- Cooling
- Other
-
- Acres
- 4.46
-
- Utilities
- Natural Gas Available
-
- Water
- Public
-
- Area
- None
-
- County
- Atlantic
-
- City
- Alloway
-
- Zip Code
- 08205
-
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Price History
| 09/14/2026 | Listed | $4,200,000 |
| Source: MOREMLS (Monmouth Ocean Regional REALTORS) #22628905 | ||
| 06/12/2026 | Off Market | — |
| Source: MOREMLS (Monmouth Ocean Regional REALTORS) #22617803 | ||
Source: MLS Data
Deed History
| 02/09/2022 | Deed | $3,000,000 |
| 10/20/2005 | Deed | $0 |
| 09/22/2005 | Deed | $4,122,500 |
| 07/20/1999 | Bargain and Sale Deed | $2,700,000 |
| 01/31/1995 | Deed | $1,650,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 02/09/2022 | SBA Participation Trust Deed | $2,475,000 |
| 06/06/2007 | Commercial | $2,500,000 |
| 09/22/2005 | Commercial | $300,000 |
| 10/07/2003 | Commercial | $2,925,000 |
| 07/20/1999 | Commercial | $2,800,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 224 E White Horse?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 224 E White Horse.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 224 E White Horse?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,200,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Alloway, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 224 E White Horse?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 224 E White Horse at around $32,094. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 224 E White Horse?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
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Can I negotiate the asking price for 224 E White Horse?
In most cases, yes. Whether 224 E White Horse is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alloway's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 224 E White Horse?
We can handle that for you. Our preferred local agent specializes in commercial sales in Alloway and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
224 E White Horse was listed on September 14, 2026, which means it's been on the market for 59 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1987, making it approximately 39 years old.
What is the lot size of this property?
224 E White Horse sits on a 4.46-acre lot, which is 194,278 square feet.
What are the property taxes for 224 E White Horse?
The most recent public record shows annual property taxes for 224 E White Horse were approximately $98,310. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 224 E White Horse still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
