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$850,000 Just Listed
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Property Description
Rich in history and perfectly positioned along the bay in the charming shore town of Fortescue, the iconic Charlsworth Restaurant & Hotel presents a rare opportunity to own a thriving waterfront destination. Known for its loyal following and sold-out nights, this successful establishment offers both a fully operational restaurant and boutique hotel experience all under one roof. The restaurant features approximately 130 seats, a full commercial cook's kitchen, chef walk-in. The inviting dining atmosphere is complemented by stunning bayfront views and wrap around deck - Best of all, everything stays, allowing for a seamless transition for the next owner. Upstairs, the hotel portion offers four guest rooms along with a welcoming common area, creating the perfect retreat for visitors looking to enjoy Fortescue's waterfront charm. Whether guests arrive for dining, fishing, relaxing sunsets, or weekend getaways, this property has become a beloved destination rich with character and endless potential. A truly one-of-a-kind investment opportunity in an unbeatable bayfront location.
Full Property Details
Full Property Details for 224 New Jersey Ave
General
- Price: $850,000
- Taxes: $7,829 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: NJCB2030390
- Updated: 5/7/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant/Bar, Other
Rooms
Bathrooms
- Restrooms: 4
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Parking
- Total Spaces: 10
- Parking Type: Driveway, Parking Lot
Location
- Area: Downe Twp (20604)
- Municipality: DOWNE TWP
- County: CUMBERLAND
- Cross Streets: Fortescue Rd.
- Driving Directions: Fortescue road make a left on New Jersey Ave property will be on the right
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s), Other
- Cooling Fuel: Bottled Gas
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Bottled Gas
Utilities
- Sewer: On Site Septic, Other
- Water: Public
Structural Information
- Construction: Other, Aluminum Siding, Block
- Building Size: 4800
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Excellent, Very Good
Unit Information
- # Tenants: Single
Lot Features
- Property View: Bay, Water
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size Source: Assessor
- Zoning: R
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $177.08
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $246,200
- Tax Amount: $7,829
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 00035 02
Listed by Tealestate LLC, Teal M Levick
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Schools
Schools serving 224 New Jersey Ave
School District:Downe Township School District
| Name | Grades | Distance |
|---|---|---|
Downe Twp Elementary School 220 Main St, Jersey City, NJ 08345 | PK-8 | 4.1 mi |
Bridgeton High School 111 West Avenue North, Bridgeton, NJ 08302 | 9-12 | 14.4 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 224 New Jersey Ave
Date
Details
Price
Change
Source
5/07/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 224 New Jersey Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,100
10%
$246,200
—
2023
$6,475
3%
$246,200
—
2022
$6,313
5%
$246,200
—
2021
$6,010
2%
$246,200
—
2018
$5,899
4%
$246,200
—
2017
$5,665
—
$246,200
—
2016
$5,660
14%
$246,200
—
2015
$4,944
-15%
$246,200
—
2019
$5,823
-41%
$246,200
—
2013
$9,916
—
$246,200
—
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 224 New Jersey Ave
224 New Jersey Avenue, Fortescue, NJ 08321 (MLS# NJCB2030390) is a Commercial Service property. 224 New Jersey Avenue is currently listed for $850,000 and was received on May 07, 2026. Want to learn more about 224 New Jersey Avenue? Do you have questions about finding other Commercial Service real estate for sale in Fortescue? You can browse all Fortescue real estate or contact a Coldwell Banker agent to request more information.

