800 Bay Ave
Somers Point, NJ, 08244 $ 8,000,000
Bedrooms-- Baths10.0 Monthly Estimate*
$ 49,257
for $8,000,000 with 10 full baths. This building was built in 1876.
A rare opportunity to acquire one of the Jersey Shoreâs 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 Jerseyâs 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.
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Commercial ActiveComm. w/Apartments,Commercial,Marina,Restaurant,Re
FeaturesGeneralWater Public
Sewer Public Sewer
Heating Forced Air Gas-Natural Multi-Zoned
Status Active Active
Year Built 1876
Parking 11 or More Spaces
Style Comm. w/Apartments Commercial Marina Restaurant Restaurant & Bar
Class COMMERCIAL/INDUSTRIAL
Tax Year 73323
Roof Asphalt Flat Pitched
Status Detail 0
Waterfront Yes
Area Somers Point City
Location Bay Front Business District Corner Historical District See Remarks Water View
Taxes 2025
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InteriorBasement Crawl Space
Flooring Hardwood
Hot Water Gas
Stories 3
Interior Features Fire Sprinkler System Handicap Features Living Space Available Restroom Smoke/Fire Alarm
Air Conditioning Ceiling Fan(s) Central Multi-Zoned Wall Units Window Units
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ExteriorLot 21
Lot Dimensions 168 x 450 IRR
Exterior Features Dock/Pier/Slip Recreation Facilities See Remarks
Exterior/Siding Frame/Wood Vinyl
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* Excluded FeaturesList ByKeller Williams Realty Jersey Shore - MargateBroker
Affordability Calculator
- Monthly Principal & Interest
- $49,257
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Somers Point, NJ
Average List Price $1,074,429
Percent of Sale Price 87%
About Somers Point, NJ 10,585 Population
-9% Since 2002
$ 52,679 Median Income
42.03 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/16/2026 | $8,000,000 | | Listed Price |