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$725,000 Just Listed
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Property Description
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
- Price: $725,000
- Taxes: $9,839 (2024)
- Status: Active
- Type: Commercial Service
- Source: Monmouth
- MLS ID: 22528307
- Updated: 2/11/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
Interior
- Interior Features: Refrigeration
- Flooring: Vinyl, Tile, Wood
Additional Information
- Security/Safety: Security System
Exterior
- Exterior Features: Lighting
Parking
- Total Spaces: 20
- Parking Features: Off-Street, Parking Lot, Paver Block
Location
- Area: Barnegat (BAR)
- Municipality: Barnegat (BAR)
- County: Ocean
- Subdivision: Barnegat
- Location Details: Historic District
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Concrete
- Roof: Shingle, A-Frame
- Square Feet: 2,816
- Current Bldg. Use: Restaurant
- Minimum Avail: 2,816 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Dimensions: 43.6 x 223
- Lot Features: Level, Sidewalks
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $257.46
- Assessment Amount: $330,500
- Tax Amount: $9,839
- Tax Year: 2024
Disclosures and Reports
- Inclusions: Signs, Equipment/Furniture, Business Name, Inventory
- Property ID: 01-00250-0000-00024
- Section: Barnegat Twp
Listed 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 Pitney Bowes 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
9/17/2025
Listed
$725,000
45%
MLS
3/01/2023
Sold
$500,000
—
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 688 E Bay Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,839
6%
$330,500
—
2022
$9,310
—
$330,500
—
2021
$9,267
3%
$330,500
—
2018
$9,019
2%
$330,500
—
2017
$8,871
2%
$330,500
—
2016
$8,689
3%
$330,500
—
2015
$8,415
-7%
$330,500
—
2019
$9,089
14%
$330,500
—
2013
$7,988
—
$330,500
—
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 688 E Bay Ave
688 E Bay Avenue, Barnegat, NJ 08005 (MLS# 22528307) is a Commercial Service property. 688 E Bay Avenue is currently listed for $725,000 and was received on February 11, 2026. Want to learn more about 688 E Bay Avenue? Do you have questions about finding other Commercial Service real estate for sale in Barnegat? You can browse all Barnegat real estate or contact a Coldwell Banker agent to request more information.

