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800 Bay AvenueSomers Point, NJ 08244Price: $8,000,000

  • Price: $8,000,000
  • 39 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
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  • 1.74Acreage
  • 1876Year Built
  • 615Price Per Square Foot
  • 2025Assessment Year
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.
Listed by Nicholas M Brennan of Keller Williams Realty - Margate

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaSomers Point - Somers Point City

Parking

  • Parking TypesParking Lot

Basic Information

Location

  • Address800 Bay Avenue
  • Building Number800
  • CountyAtlantic
  • DirectionsRight on Shore Road off the 9thSt Bridge and then anotherright on Goll Ave. Property onright.
  • IncorporatedcitynameSomers Point City
  • StateNJ
  • TownSomers Point
  • Zip08244

Interior

  • FlooringLuxury Vinyl Tile, Partially Carpeted, Solid Hardwood, Tile/Brick, Wood

Amenities

  • Other AmenitiesWater View

Water Body

  • Water View YNYes

Other

  • ExclusionsNo
  • Other EquipmentSee Remarks
  • View Count3

Basic Information

  • Broker NameKeller Williams Realty - Margate
  • List Price$8,000,000
  • MLS Area MajorSomers Point City
  • MLS NumberNJAC2025290
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot615
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total13000
  • Construction MaterialsFrame, Vinyl Siding
  • Total Garage And Parking Spaces25
  • Total Restrooms10
  • Year Built1876
  • Year Built Effective2025

Exterior

  • RoofArchitectural Shingle

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat System90% Forced Air, Forced Air
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • UtilitiesCable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Sewer Available, Water Available, Other
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,970,000
  • Tax Lot21
  • Tax Year2025
  • Taxes$73,323
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage1.74
  • Business TypeApartment Building, Banquet Facility/Lodge, Bed and Breakfast, Flex, Hotel/Motel, Other/General Retail, Restaurant/Bar, Other
  • Lot DescriptionBulkheaded, Interior
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions168.00 x 450.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet75,598
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningHVW

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 3, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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