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Commercial Land for Sale in Somers Point, New Jersey

800 Bay Ave, Somers Point, NJ 08244

$8,000,000
1.74 acres
Active sale
ago
Est $60,040/mo

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, fund raisers, 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

Street address
800 Bay Ave
Zip code
08244
Elevation
6 feet

Property details

Acreage
1.736 acres75,620 sq ft
Zoning
HVW
MLS #
CMCAOR 261722
Posted

Property taxes

2025
$73,323

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Lot

Waterfront
Yes
Features
Bay Front, Business District, Water View

Exterior

Features
Dock/Pier/Slip, Recreation Facilities

Structure

Water
Public
Heating
Forced Air, Natural Gas, Zoned
Cooling
Ceiling Fan(s), Central Air

Interior

Accessibility
Accessible Approach With Ramp
Features
Fire Sprinkler System, Handicap Features, Living Space Available, Restroom, Smoke/Fire Alarm

Property utilities

CategoryTypeStatus
GasNatural GasAvailable

Listing history

DateEventPriceChangeSource
June 26, 2026New listing$8,000,000CMCAOR
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This 1.736-acre property is located at 800 Bay Ave in Somers Point, NJ 08244. The land is available for sale, priced at $8,000,000 — $4,608,295 per acre.

Listed by Keller Williams Realty Jersey Shore, (609) 399-5454

Checked 2 hours agoUpdated

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