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Property Description
LOCATION! LOCATION! LOCATION! Exceptional bayfront opportunity in the heart of Harvey Cedars. Situated on one of Harvey Cedars' most desirable bayfront cul-de-sac streets, this oversized waterfront property encompasses more than 15,000 square feet and boasts approximately 150 feet of bay frontage. The property also benefits from a riparian grant into Barnegat Bay. Property received Minor Subdivision Approval from the Harvey Cedars Land Use Review Board in 2025 to create two conforming bayfront building lots. Approval was granted without variances. This unique property presents exceptional possibilities for investors, builders, or those seeking to create a one-of-a-kind waterfront estate. The property is improved with a home originally constructed in 1939, presenting an opportunity for renovation, expansion, or redevelopment. Buyers may choose to restore and reimagine the existing residence or take advantage of the property's incredible size, waterfront exposure, and location to create a custom bayfront retreat. Waterfront amenities include a vinyl bulkhead, sandy beach area, and direct access to Barnegat Bay, making it ideal for boating, fishing, crabbing, kayaking, paddleboarding, and countless other waterfront activities. Enjoy breathtaking sunset views over the bay and experience some of the most spectacular scenery Long Beach Island has to offer. The location is second to none. Just a short stroll to Harvey Cedars' lifeguarded 80th Street beach, this property is also within walking distance of some of Long Beach Island's most popular restaurants, markets, ice cream polars, coffee shops, and local attractions. Spend your mornings at the beach, afternoons on the bay, and evenings enjoying the renowned dining and coastal lifestyle that make Harvey Cedars one of Long Beach Island's most sought-after destinations. Opportunities like this are increasingly rare. Whether your vision is to renovate the existing home, build a spectacular bayfront estate, or explore the approved subdivision potential, this is a unique chance to own a premier piece of waterfront real estate in one of Long Beach Island's most desirable locations.
Full Property Details
Full Property Details for 8202 Bay Terrace
General
- Price: $5,000,000
- Taxes: $14,825 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSTriStates
- MLS ID: NJOC2042868
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Location
- Area: Harvey Cedars Boro (21510)
- Municipality: HARVEY CEDARS BORO
- County: OCEAN
- Development Name: Harvey Cedars
- Subdivision: Harvey Cedars
- Driving Directions: GSP to Exit 63. Take Route 72 East to Long Beach Island. Turn left onto Long Beach Boulevard, then left onto 80th Street. Turn right onto Bay Terrace. Destination will be on your left.
- Location Details: Bayfront
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size Source: Assessor
- Lot Dimensions: 100.00 x 0.00
- Zoning: R-A
Financial Considerations
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,333,200
- Tax Amount: $14,825
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8
Listed by Restaino Realty LLC, Dayna A. Restaino
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Schools
Schools serving 8202 Bay Terrace
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 | 4.4 mi |
Long Beach Island Elementary School 201 West 20th Street, Ship Bottom, NJ 08008 | 3-6 | 5.2 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 8202 Bay Terrace
Date
Details
Price
Change
Source
6/12/2026
Listed
$5,000,000
—
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 8202 Bay Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,825
15%
$1,333,200
—
2022
$12,892
—
$1,333,200
—
2022
$12,882
3%
$1,333,200
—
2021
$12,532
2%
$1,333,200
—
2020
$12,344
-1%
$1,333,200
—
2018
$12,492
-2%
$1,333,200
—
2017
$12,719
-4%
$1,333,200
—
2016
$13,212
-16%
$1,333,200
-16%
2015
$15,749
29%
$1,592,400
19%
2019
$12,212
-18%
$1,333,200
-16%
2013
$14,828
—
$1,592,700
—
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 8202 Bay Terrace
8202 Bay Terrace, Harvey Cedars, NJ 08008 (MLS# NJOC2042868) is a Lots/Land property with a lot size of 0 acres. 8202 Bay Terrace is currently listed for $5,000,000 and was received on June 12, 2026. Want to learn more about 8202 Bay Terrace? Do you have questions about finding other Lots/Land real estate for sale in Harvey Cedars? You can browse all Harvey Cedars real estate or contact a Coldwell Banker agent to request more information.

