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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.
| DAYS ON MARKET | 31 | LAST UPDATED | 5/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1890 | COMMUNITY | Elmer Boro (21703) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | ELMER BORO |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Elmer Boro (21703) |
| CONSTRUCTION | Other |
| HEAT | Forced Air, Oil |
| LOT DIMENSIONS | 87.00 x 0.00 |
| PARKING | Driveway |
| SEWER | Septic Tank |
| TAXES | 17112 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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