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Justin Selby

justinselby@collinirealestate.com +1(856) 364-1548

Listed by Nick Brennan • Keller Williams Realty - Margate

$8,000,000

Est. payment - /mo

1.74 Acres Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJAC2025290

Year Built 1876

Annual Tax Amount $73,323

Tax Year 2025

Lot Size 1.735 Acres

Acres 1.74

Lot Dimensions 168.00 x 450.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

A rare opportunity to acquire one of the Jersey Shore's most versatile waterfront hospitality assets. Welcome to Tavern on the Bay Hotel &Marina, an iconic destination property located at 800 Bay Avenue in Somers Point. Originally built in 1876, this beautifully preserved Victorian landmark combines historic character, multiple revenue streams, and exceptional waterfront positioning in one extraordinary investment, in a zip code that experienced 25% appreciation in the past 2 years. For event planners and hospitality operators, the property offers tremendous potential with seating for up to 300 guests across elegant indoor and waterfront outdoor spaces. From weddings, corporate events, fundraisers, and private celebrations to seasonal entertainment and destination experiences, the venue is uniquely positioned to capitalize on the growing demand for waterfront events. For restaurant owners, Tavern on the Bay delivers a turnkey waterfront dining experience with expansive indoor seating, a large outdoor patio overlooking the Bay, and direct access by both land and water. Its established reputation, prime visibility, and high-capacity layout create endless opportunities for dining, entertainment, and hospitality growth. For marina operators and marine investors, the property's 55-slip marina serves as a valuable income-producing asset, attracting boaters, jet ski enthusiasts, tourists, and local residents throughout the season. The combination of hospitality, dining, and marina services creates a powerful ecosystem that drives recurring traffic and diversified revenue. For investors, opportunities like this are increasingly rare. The property features an eight-suite boutique hotel with uniquely themed accommodations, a thriving restaurant and bar operation, a full-service marina, and a premier waterfront location in one of South Jersey's most desirable coastal markets. With multiple income streams, strong event potential, and significant upside for expansion and brand development, this asset offers both immediate cash-flow opportunities and long-term value creation. Steeped in local history and just steps from the vibrant downtown Somers Point district, Tavern on the Bay is more than a property, it's a destination, a business, and a LEGACY investment. Waterfront hospitality. Marina income. Event venue potential. Boutique lodging. One exceptional opportunity. Schedule your private tour today.

Location

State NJ

County Atlantic

Area Somers Point City (20121)

Zoning HVW

Interior

Hot Water Natural Gas

Cooling Central A/C

Flooring Luxury Vinyl Tile, Partially Carpeted, Solid Hardwood, Tile/Brick, Wood

Inclusions LIQUOR LICENSE, Business, Furnishings, Marina

Equipment See Remarks

Heat Source Natural Gas

Exterior

Garage Spaces 11.0

Utilities Available Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available, Other

Water Access N

View Bay, Harbor, Marina, Water

Roof Type Architectural Shingle

Accessibility None

Total Parking Spaces 11

Garage N

Building

Lot Description Bulkheaded, Interior

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Somers Point

Others

Tax ID 21-01810-00021

Ownership Fee Simple

Special Listing Condition Standard

Virtual Tour https://youtu.be/EqwJal17-vU?si=fgOhmo1AvqVKkmPv

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Justin Selby

+1(856) 364-1548

Agent | License ID: 1867481

Agent License ID: 1867481

800 BAY AVE Somers Point, NJ 08244

Justin Selby

Key Details

Location

Interior

Exterior

Building

Schools

Others

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800 BAY AVE