Listing Agency: Tealestate LLC t***@kw.com Show Phone

Listed By: Teal M Levick · License #1538939 Show Phone

Source: Exprealty

Added: May 7 Changed: Aug 8 Last Checked: Jun 6 at 3:51AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tealestate LLC

Investment Insights

Based on property information with market context.

The Charlsworth Restaurant & Hotel combines a fully operational restaurant with a small boutique hotel experience on one property. The restaurant includes approximately 130 seats, a full commercial cook’s kitchen, and a chef walk-in. Dining is designed to complement the bayfront setting, with a wraparound deck described in the listing.

Positioned along the bay in Fortescue, the property is presented as a shore-town waterfront destination. The hotel portion offers four guest rooms and a welcoming common area for guests who visit for dining and time on the water.

For an owner-operator, this layout supports an integrated hospitality business model, with food service and overnight stays managed within the same building. The listing also notes that everything stays, which may simplify the transition for a buyer seeking to continue operations without a full reset. This property’s combination of established on-site guest accommodations and commercial kitchen infrastructure can fit restaurant operators looking to add lodging or hospitality buyers seeking a hands-on waterfront concept.

Key Highlights

• Bayfront Charlsworth Restaurant & Hotel combines a restaurant and boutique hotel in one property
• Restaurant offers approximately 130 seats, full commercial cook’s kitchen, and a chef walk‑in
• Dining includes bayfront views and a wrap‑around deck

Property Analytics

Property Profile

Current Use

Hotels

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

29

Businesses Nearby

Explore this area Business Placement

Demographics for 08321, NJ

189

Population

298

Households

0.6

Avg Household Size

57

Median Age

18%

College-Educated

88%

High-School Grad

8.8 sq mi

ZIP Area

21

Density / Sq Mi

$52,500

Median Household Income

$213,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this hotels located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Hotel - Bayfront restaurant and boutique hotel with seating, a commercial kitchen, and four guest rooms under one roof.

Where is this hotel located?

The property is located at 224 New Jersey Ave Fortescue, NJ.

What is the asking price?

The asking price for this property is $795,000.

What are key features of this property?

This property features: Bayfront Charlsworth Restaurant & Hotel combines a restaurant and boutique hotel in one property; Restaurant offers approximately 130 seats, full commercial cook’s kitchen, and a chef walk‑in; Dining includes bayfront views and a wrap‑around deck