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$2,700,000
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Property Description
Prime location in the heart of Barnegat Light! Zoned G--B, this 21,000+ sq ft lot is suitable for new homes, new commercial or a multitude of other uses. Close to ocean and bay, a stone's throw to the Lighthouse and nestled deep in this charming village, the property presents unlimited opportunity and value for the investor. Use this property for new commercial or residential construction, or retain the existing iconic structure for restaurant or other use! Potential for subdivision of up to 4 buildable lots- buyer to complete own due diligence.
Full Property Details
Full Property Details for 704 Broadway
General
- Price: $2,700,000
- Taxes: $9,100 (2024)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSTriStates
- MLS ID: NJOC2030466
- Updated: 6/17/2026
- Added to Site: 642 day(s) ago
Business
- Business Type: Restaurant/Bar, Other/General Retail, Other
Parking
- Total Spaces: 40
- Parking Type: Parking Lot
Location
- Area: Barnegat Light Boro (21502)
- Municipality: BARNEGAT LIGHT BORO
- County: OCEAN
- Development Name: Barnegat Light
- Subdivision: Barnegat Light
- Cross Streets: 23 W 5th St
- Driving Directions: Long Beach Blvd North, Turns into Central Ave in Barnegat Light, Left on 8th Street
- Location Details: Business District
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding
- # Loading Docks: 2
- Year Built: 1955
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 21,000
- Lot Size Source: Estimated
- Lot Dimensions: 218.00 x 125.00 x irr
- Zoning: G-B
Water Features
- Water Front Type: Bay
Financial Considerations
- Price Per Sq. Ft.: $1,917.61
- Assessment Year: 2024
- Tax w/Assessment: $902,800
- Tax Amount: $9,100
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Property and Building only, Business not Included
Listed by Oceanside Realty - HC, Dorothy Brady
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Schools
Schools serving 704 Broadway
School Districts:Long Beach Island School District, Southern Regional School District
| Name | Grades | Distance |
|---|---|---|
Ethel A Jacobsen Elementary School 200 South Barnegat Avenue, Surf City, NJ 08008 | PK-2 | 8 mi |
Long Beach Island Elementary School 201 West 20th Street, Ship Bottom, NJ 08008 | 3-6 | 8.9 mi |
Southern Reg Middle School 75 Cedar Bridge Road, Stafford Township, NJ 08050 | 7-8 | 8.7 mi |
Southern Reg High School 90 Cedar Bridge Road, Stafford Township, NJ 08050 | 9-12 | 8.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 Broadway
Date
Details
Price
Change
Source
3/18/2026
Price Reduced
$2,700,000
-6.9%
MLS
8/12/2025
Price Reduced
$2,900,000
-4.92%
MLS
5/20/2025
Price Reduced
$3,050,000
-6.15%
MLS
12/02/2024
Listed
$3,250,000
3150%
MLS
1/02/1991
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 704 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,994
24%
$902,800
—
2023
$8,044
8%
$902,800
—
2022
$7,466
—
$902,800
—
2022
$7,458
-7%
$902,800
—
2021
$8,033
-1%
$902,800
—
2020
$8,132
5%
$902,800
—
2018
$7,719
-3%
$902,800
—
2017
$7,990
3%
$902,800
—
2016
$7,782
4%
$902,800
—
2015
$7,502
-4%
$902,800
—
2019
$7,854
6%
$902,800
—
2013
$7,439
—
$902,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 704 Broadway
704 Broadway, Barnegat Light, NJ 08006 (MLS# NJOC2030466) is a Commercial Service property. 704 Broadway is currently listed for $2,700,000 and was received on December 02, 2024. Want to learn more about 704 Broadway? Do you have questions about finding other Commercial Service real estate for sale in Barnegat Light? You can browse all Barnegat Light real estate or contact a Coldwell Banker agent to request more information.

