Waterfront
Address
102 Delaware, Fortescue, NJ
Price
$ 850,000
Property Attributes
- MLS#NJCB2028912
- TypeCommercial
- Listing Status ACTIVE
- CountyCUMBERLAND
- CityFortescue
- AreaDowne Twp
- Zip08321
- StyleRestaurant/Bar
- Year Built1920
- Taxes$ 7154
- Price$ 850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.29 Acres
Data Source:
Bright MLS
Property Description
Rare Delaware Bay Waterfront Opportunity | Restaurant + Development Potential Opportunities like this along the Delaware Bay are increasingly rare. This unique offering includes a bayfront restaurant property with possible subdivision into 3 lots on the water. There are 4 additional lots located directly across the street, creating exceptional flexibility for future use or redevelopment. This listing is just for the parcel on the waterfront. The The existing building is currently set up as a restaurant and can continue operating as a dining destination, allowing an owner-operator to step into a waterfront location with built-in character and scenery that keeps guests coming back. For investors or developers, the real opportunity may lie in the land and location itself. With direct proximity to the bay and multiple parcels included in the sale, the property presents a compelling canvas for a fresh concept, redevelopment project, or long-term investment. The setting speaks for itself - open water views, beach access, and the kind of location people travel for. Whether the vision is to reimagine the site entirely or enhance what already exists, properties with this combination of waterfront presence and additional land rarely come to market. The sale also includes a residential home and beach access, further expanding the possibilities for use or future planning. Buyers are encouraged to perform their own due diligence regarding development potential and permitted uses. Schedule a private tour to explore the full scope of this unique Delaware Bay treasure. Public sewer was recently added, which makes this a great development opportunity because it significantly reduces the lot size required to build.
| Price History | |
|---|---|
| 3/8/2026 | Listed $1,250,000 |
| 5/8/2026 | 20$1,000,000 |
| 6/6/2026 | 15$850,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | Central A/C |
| Possession | 31-60 Days CD,Immediate,61-90 Days CD |
| Zoning | R2 |
| Construction Materials | Other |
| Year Built | 1920 |
| Property Subtype | Land for Commercial Use |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | None |
| County | CUMBERLAND |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Restaurant,Multi-Family,Hotel/Motel |
| Water Access Y/N | Yes |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Restaurant on Delaware ave. |
| City | FORTESCUE |
| Body of Water | Delaware Bay Front |
| Disclosures | Lead Based Paint - State |
| MLS Area | Downe Twp (20604) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12632.00 |
| Tax Assessed Value | 225000.0 |
| Tax Annual Amount | 7154.0 |
| Price Per Sq Ft Total AG | 212.5 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Virtual Tour | https://view.spiro.media/order/6b4d6258-a3d9-427d-8ab7-08de6ed581f1?branding=false |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 00016 |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Propane |
| Heating Y/N | Yes |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 4000.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.29 |
| Water Body Type | Bay |
| Lot Size Source | Assessor |
| Waterfront Y/N | Yes |
| Water Access Features | Private Access |
| Land Assessed Value | 150000.00 |
| Navigable Water Y/N | Yes |
| Water Oriented Y/N | Yes |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08321
Price
Taxes
Year Built
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