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sales rep | Brivity IDX

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800 Bay Ave , Somers Point, NJ 08244
$8,000,000
Est. Payment: $43,200.09/mo
13000 Sqft
1.74 Acres
Status: active | Days on site: 127
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KWRLTYM - 3394599
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House 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.

Highlights

Listed by Nicholas M Brennan , 6098027454 Keller Williams Realty - Margate , 6093995454. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
1.74

Year Built

1876

County

Atlantic

Area

Somers Point City (20121)

School District

Somers Point

Listing ID

NJAC2025290

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Interior Features

Appliances:See Remarks
Air Cond:Central A/C
Fireplaces:
Floor:Luxury Vinyl Tile,Partially Carpeted,Solid Hardwood,Tile/Brick,Wood
Water:Public

Exterior Features

Lot:Bulkheaded,Interior,Not New Construction,Horse Property: No
Lot Dimensions:168.00 x 450.00
Garage Capacity:25
Zoning:HVW
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$43,200
Taxes
$6,110

Home Price

$8,000,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$1,600,000
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:
$43,200.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $43,200.09 $6,110.25 $0.00 $49,310.34
Yearly $518,401.10 $73,323.00 $0.00 $591,724.10
Total $15,552,032.91 $2,199,690.00 $0.00 $17,751,722.91
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Somers Point, 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: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS