NEW JERSEY · NAICS 713930
New Jersey marina and boat storage projects run on the Shore's corridor from Sandy Hook to Cape May, one of the largest concentrated boating economies on the East Coast. Studies translate slip mix, dry and winter storage, fuel and service revenue, and seasonal demand into projections, and reconcile environmental and shoreline regulatory exposure.
FEASIBILITY TRIGGER
Marinas are special-purpose under SOP 50 10 8, so a third-party feasibility study is normally required with an industry-experienced going-concern appraiser, and elevated equity applies.
New Jersey generated 14 SBA-disbursed marina and boat storage loans between FY2010 and FY2026, worth $21.1 million in approved 7(a) and 504 financing at an average of $1.5 million per deal. Ranked #6 of 38 states for marina and boat storage SBA volume, the state captures 5.2% of national marina and boat storage dollars. 78.6% of the loans ran through 7(a) with 504 covering the remainder; 3 approvals have posted since FY2024.
| Disbursed loans (FY2010–FY2026) | 14 |
| Approved volume | $21.1 million |
| Average loan size | $1.5 million |
| 7(a) share | 78.6% |
| Approvals since FY2024 | 3 |
| State rank by loan count | #6 of 38 |
The state-level seasoned cohort in this segment is below our publication threshold of 30 loans, so no state rate is shown. Nationally, seasoned marina and boat storage loans (approvals FY2010–FY2021) show an adverse-resolution rate of 3.0%, against 7.3% across all industries.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
An adverse-resolution rate of 3.0%, close to the national marina and boat storage benchmark of 3.0%, puts New Jersey deals in this class on ordinary SBA credit footing. Across 14 loans averaging $1.5 million, the underwriting question is deal-specific: a rigorous third-party feasibility study is where documented demand and stressed coverage decide the credit outcome.
Every New Jersey marinas and boat storage project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
New Jersey projects most often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate, which matters where North Jersey land and improvement costs run with the metro New York market. SBA 7(a) covers acquisitions, working capital, and equipment, and from July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
The Shore's marina corridor from Sandy Hook to Cape May anchors one of the largest concentrated boating economies on the East Coast, with winterized storage carrying the off-season model.
For a national view of this asset class, see our marina and boat storage SBA feasibility overview, and read our related analysis in the marina and boat storage lending research on our blog.
Compare neighboring markets: New Hampshire, New Mexico, Texas.
Public SBA and CDC program records, cited as program evidence
SBA 504 acquisition through PeopleFund
Lakefront resort and marina, national program evidence
Sunrise Beach, Llano County, Texas
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a MeetingOur SBA feasibility study consultants prepare storage and vehicle storage studies for lenders, CDCs and sponsors. See pricing, methodology or request a fixed fee quote.
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