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224 New Jersey Ave , Fortescue, NJ 08321
$800,000
Est. Payment: $4,320.01/mo
4800 Sqft
0.24 Acres
Status: active | Days on site: 23
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EXPDE - 3140211,3254974
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House Description

One of the listing co-agents must be present for all buyer property tours. . A rare opportunity to own a legendary waterfront hospitality property on the Delaware Bay. This listing includes the business and the real estate. The Charlesworth Restaurant & Hotel — rated 4.7 stars with over 500 reviews — is one of South Jersey’s most iconic destinations, known for its panoramic bay views, fresh seafood, and century‑long history as a beloved coastal landmark. Positioned at the edge of Fortescue’s quiet fishing village, this mixed‑use property offers a turnkey restaurant and boutique hotel with unbeatable waterfront frontage and endless expansion potential. Property Highlights Prime Waterfront Location Directly on the Delaware Bay with unobstructed sunset views, wraparound dining decks, and immediate access to boating, fishing, and tourism traffic. Highly Rated, Established Business With a 4.7-star rating and 500+ reviews, the Charlesworth has a loyal customer base and strong brand recognition throughout New Jersey and the tri‑state region. Turnkey Restaurant Operation Approx. 130-seat dining capacity (indoor + outdoor) Full commercial kitchen Bar area Walk‑in refrigeration All FF&E included (fixtures, furnishings, equipment) Boutique Hotel Component Four guest rooms Common lounge area Ideal for weekend tourism, fishing charters, birdwatchers, and seasonal stays Historic Coastal Charm A well-known landmark for over 100 years, offering character, nostalgia, and a unique atmosphere that modern waterfront properties cannot replicate. Investment & Expansion Potential This property is ideal for: Hospitality operators Restaurateurs Boutique hotel investors Event venue developers Waterfront lifestyle entrepreneurs Expansion opportunities include: Weddings & private events Outdoor bar or live music venue Seasonal festivals Lodging packages with local charter boats Brunch service, catering, or extended operating hours With its combination of restaurant, lodging, and waterfront access, the Charlesworth offers multiple revenue streams and year‑round business potential. Why This Property Stands Out One of the few waterfront hospitality properties available in New Jersey Strong reputation and built‑in customer base Turnkey operation with all equipment included Scenic, peaceful location with high tourism appeal Perfect for an owner‑operator or investor seeking a unique coastal asset Schedule Your Private Tour Opportunities like this are exceptionally rare. Whether you’re expanding your hospitality portfolio or seeking a signature waterfront property with history and charm, The Charlesworth Restaurant & Hotel is a standout investment.

Highlights

Listed by Mark Vincent Fansler , 3022414935 and Cindy Lore , 6093644934 EXP Realty, LLC , 8885434829. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1910

County

Cumberland

Area

Downe Twp (20604)

School District

Downe Township Public Schools

Listing ID

NJCB2033308

Questions about this listing?

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Interior Features

Air Cond:Ceiling Fan(s),Central A/C,Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,Waterfront
Lot Dimensions:0.00 x 0.00
Garage Capacity:10
Zoning:R
Sewer:On Site Septic,Other
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$4,320
Taxes
$652

Home Price

$800,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,320.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,320.01 $652.42 $0.00 $4,972.43
Yearly $51,840.11 $7,829.00 $0.00 $59,669.11
Total $1,555,203.29 $234,870.00 $0.00 $1,790,073.29
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Fortescue, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS