The massive Ocean Beach Marina property in the Ocean Beach section of Toms River is listed for sale with a commercial real estate firm, while its current owners have submitted an application to the township’s Board of Adjustment to consolidate several lots that make up the boat yard portion of the facility.
The marina, located at 3245 Route 35 South, is being sold as part of a package of three marinas that also includes properties in Lacey Township and Sea Isle City. The listing price is not divulged publicly by Colliers, the major commercial real estate firm that is marketing the three sites. The Ocean Beach site is located on a wide parcel of land between Kittiwake Avenue and Tuna Way. The bayfront portion, west of the highway, houses the marina, a restaurant and ship store. On the eastern side of Route 35 is a large boat dealership showroom, service bays and a sizable boat yard that stretches nearly the entire block. It is the eastern portion of the property that is the subject of the zoning board application.
According to a board notice, the marina property also includes the lot on which the Beach Authority gift shop is located. Ocean Bay Holding, LLC, the legal name of the marina owner, is seeking permission from the township to condense the five lots that make up the property into two larger lots. In addition to the lot consolidation, the board must reaffirm previous variance relief granted to the marina as it currently exists, since boat yards are a conditional use in the General Business zone where the property is located. Another variance is required since, despite the overall size of the property remaining the same, any modification of the lot lines requires variance relief to be reissued.
“The applicant did not indicate if any of the existing uses would be eliminated or changed as a result of this application,” a memorandum filed with the township states.
The application leaves open the question as to the purpose of the request to modify the lot lines. There is no indication in planning documents that any new development is planned, though a sales brochure clearly advertises the site’s usage as a marina and makes no mention of alternative types of development.
The real estate listings touts $2 million in boat storage sales in 2020 and “demand drivers that will allow the facilities to continue to increase occupancy in the years to come.”
“Several opportunities exist within the portfolio to increase revenue through rate increases and the addition of rental boat fleets,” the brochure continues.
The board will consider the matter at its March 10 meeting, which is scheduled to be held at 6:30 p.m. at the township municipal complex on Washington Street.