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    688 E Bay Ave Barnegat, NJ 08005

    For Sale
    $725,000

    COMMERCIAL - Barnegat, NJ

    Property size:
    2,816 SF
    Lot size:
    0.22 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 688 E Bay Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Rooms
    Basement
    APN
    01-00250-0000-00024
    Parking
    20
    Parking features
    Parking Lot, Off Street
    Interior features
    Refrigeration
    Exterior features
    Lighting
    Basement
    Full
    Size
    2,816 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    1
    Flooring type
    Wood, Tile, Vinyl
    Building materials
    Concrete
    Roof type
    Shingle

    Weichert Realtors-Middletown (732) 899-9700

    Listing agent Paul Metzger (609) 494-6000

    Listing date Sep 17, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Ice Cream Parlor

    This established 70-seat restaurant, complete with an ice cream parlor, is situated in a high-traffic area. The restaurant is known for its classic charm and inviting atmosphere, serving breakfast, lunch, and dinner. The interior features vintage woodwork and curated decor, creating a warm and welcoming ambiance. The property includes a fully equipped, expansive, high-volume kitchen and well-maintained facilities. A classic throwback ice cream bar with an exterior walk-up window adds a supplemental business within the restaurant. The restaurant has a 3 terminal Toast POS system. All equipment and small wares are included in the sale. Additional features include sidewalk and exterior seating, an exterior fixed refrigeration trailer, and additional rear shed storage. There is an office with a full bathroom off the back of the building, as well as basement storage and two customer bathrooms. The property is located in proximity to the Barnegat Bay beach and public dock, with a steady flow of foot traffic and a strong repeat customer base. The building, real estate, and business are included in the sale. An option exists for the sale of the business only, with the seller retaining the building and negotiating lease terms. The lot size is 0.22 acres and the property size is 2,816 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sweet Jenny's Family Restaurant Touch Of Elegance Caterer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Touch Of Elegance

    Location Insight

    • Map
    • Local Demand
    City
    Barnegat
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.222114
    Latitude
    39.752857

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    FAQs

    What type of property is this?
    Restaurant - Turnkey 70-seat restaurant with ice cream parlor in high-traffic area.
    Where is this restaurant located?
    The property is located at 688 E Bay Ave Barnegat, NJ.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Established 70-seat restaurant with a strong reputation and high foot traffic in a desirable location.; - Turnkey operation with a fully equipped, expansive high-volume kitchen and 3-terminal Toast POS system included.; - Includes real estate and business in the sale (business-only option available).
    (609) 494-6000
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    688 E Bay Ave Barnegat, NJ 08005
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    Barnegat, NJ 08005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    688 E Bay Ave Barnegat, NJ 08005
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