800 Bay Avenue
Somers Point, NJ, 08244 $ 8,000,000
Bedrooms-- Baths-- Sq 13,000 Monthly Estimate*
$ 50,513
for $8,000,000. This 13,000 square foot building was built in 1876 on a lot size of 1.74.
A rare opportunity to acquire one of the Jersey Shores 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 Jerseys 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 ActiveApartment Building,Banquet Facility/Lodge,Bed and
FeaturesInteriorHeating Fuel Natural Gas
Flooring Luxury Vinyl Tile Partially Carpeted Solid Hardwood Tile/Brick Wood
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 10
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GeneralSewer Public Sewer
Heating 90% Forced Air Forced Air
Cooling Central A/C
Utilities Cable TV Electric Available Multiple Phone Lines Natural Gas Available Sewer Available Water Available Other
Possession Immediate
Roof Architectural Shingle
Zoning HVW
Construction Materials Frame Vinyl Siding
Exclusions No
Year Built 1876
View Bay Harbor Marina Water
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality SOMERS POINT CITY
Business Type Apartment Building Banquet Facility/Lodge Bed and Breakfast Flex Hotel/Motel Other/General Retail Restaurant/Bar Other
Accessibility None
County ATLANTIC
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Automotive Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Beer/Wine/Liquor Car Wash Church Clothing Commercial Convenience Store Day Care Development Distribution Doubl
Water Access Y/N N
Status ACTIVE
Directions Right on Shore Road off the 9thSt Bridge and then anotherright on Goll Ave. Property onright.
City SOMERS POINT
Number Of Units Total 0
MLS Area Somers Point City (20121)
Lot Size Units Square Feet
Lot Size Square Feet 75598.00
Tax Annual Amount 73323.0
Price Per Sq Ft Total AG 615.38
Historic Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/EqwJal17-vU?si=fgOhmo1AvqVKkmPv
Standard Status Active
Year Built Source Assessor
Tax Lot 00021
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ExteriorLot Features Bulkheaded Interior
Water Source Public
Inclusions LIQUOR LICENSE Business Furnishings Marina
Type of Parking Parking Lot
Water View Y/N Y
Building Area Total 13000.00
Lot Dimensions 168.00 x 450.00
Lot Size Acres 1.74
Lot Size Source Assessor
Waterfront Y/N N
Other Equipment See Remarks
Land Assessed Value 1267000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty - MargateBroker
nick@jerseyliving.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $50,513
- Monthly Property Taxes
- $6,110
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $1,074,446
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.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2026 | $8,000,000 | | Listed Price |