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$185,000
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Property Description
Business Only -- Step into a piece of history with this well-established and bustling 70-seat restaurant, known for its classic charm and inviting atmosphere serving breakfast, lunch, and dinner along with an ice cream parlor. Nestled in a high-traffic area, this beloved dining destination seamlessly blends old-world character with modern comfort, offering an unforgettable experience for both locals and visitors. Featuring a warm, timeless interior with it's open feel, vintage woodwork, and carefully curated décor, the space exudes a rich and welcoming ambiance. The fully equipped kitchen and well-maintained facilities make this a turnkey opportunity for restaurateurs looking to continue a successful legacy or introduce a fresh concept to a thriving location. With a steady flow of foot traffic, strong repeat customer base, and proximity to the Barnegat bay beach and public dock, this restaurant is primed for continued success. Whether you're an experienced operator or an aspiring entrepreneur, this is a rare chance to own a piece of culinary history in a vibrant and sought-after setting. Sidewalk and exterior seating - Exterior fixed refrigeration trailer - additional rear shed storage - Expansive high volume kitchen - 3 terminal Toast POS system - All equipment and small wares included - Classic throwback ice cream bar with exterior walk up window adds a second supplemental business within the restaurant - Office with full bathroom off the back of the building - basement storage - 2 customer bathrooms - financials available to qualified buyers. Building / Real Estate and Business included in the sale. Option also exists for a sale of the business only and the seller will retain the building and negotiate lease terms. Serious inquiries only - don't miss this incredible opportunity!
Full Property Details
Full Property Details for 688 E Bay Ave
General
- Sold For: $185,000
- Taxes: $9,838 (2024)
- Status: Closed
- Type: Business
- Source: BrightMLSTriStates
- MLS ID: NJOC2034786
- Added to Site: 285 day(s) ago
Business
- Business Type: Restaurant/Bar
- Seating Capacity: 70
Interior
- Flooring: Ceramic Tile, Hardwood, Laminated, Tile/Brick
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: Fire Detection System, Monitored, Security System
Parking
- Total Spaces: 16
- Parking Features: Paved Parking, Public, Unassigned
- Parking Type: On Street, Parking Lot, Other
Location
- Area: Barnegat Twp (21501)
- Municipality: BARNEGAT TWP
- County: OCEAN
- Development Name: Barnegat
- Subdivision: Barnegat
- Cross Streets: Rte 9
- Driving Directions: Rte 9 to east on Bay Ave. to #688 on the left
- Location Details: Downtown
School Information
- School District: Barnegat Township Public Schools
- Elementary School: Robert Horbelt
- Middle School: Russell O. Brackman M.S.
- High School: Barnegat
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Wood Siding, Other
- Foundation: Block, Concrete Perimeter
- Roof: Flat, Shingle
- Stories/Levels: 1
- Current Bldg. Use: Restaurant
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,723
- Lot Size Source: Estimated
- Lot Dimensions: 43.60 x 223.00
- Lot Features: Interior, Level, Open
- Zoning: CVH
- Lot Description: Interior, Level, Open
Financial Considerations
- Price Per Sq. Ft.: $70.67
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $330,500
- Tax Amount: $9,838
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Inclusions: Full list of inventory and contents can be provided to qualified buyers.
- Purchase Optional: Yes
- Lot Number: 24
Listed and Sold by Weichert Realtors - Ship Bottom, Paul Metzger
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Schools
Schools serving 688 E Bay Ave
School District:Barnegat Township School District
| Name | Grades | Distance |
|---|---|---|
Barnegat High School 180 Bengal Blvd, Barnegat Township, NJ 08005 | 9-12 | 1.5 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 688 E Bay Ave
Date
Details
Price
Change
Source
3/23/2026
Sold
$185,000
-7.04%
MLS
10/01/2025
Price Reduced
$199,000
-11.56%
MLS
9/17/2025
Price Reduced
$225,000
-19.61%
MLS
7/16/2025
Price Reduced
$279,900
-6.39%
MLS
6/17/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
688 E Bay Avenue, Barnegat, NJ 08005 (MLS# NJOC2034786) is a Business property that was sold at $185,000 on March 23, 2026. Want to learn more about 688 E Bay Avenue? Do you have questions about finding other Business real estate for sale in Barnegat? You can browse all Barnegat real estate or contact a Coldwell Banker agent to request more information.

