224 NEW JERSEY AVE Fortescue, NJ 08321
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCB2033308
Year Built 1910
Annual Tax Amount $7,829
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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A rare opportunity to own a legendary waterfront hospitality property on the Delaware Bay.
This listing includes the business and the real estate.
The Charlesworth Restaurant & Hotel — rated 4.7 stars with over 500 reviews — is one of South Jersey's most iconic destinations, known for its panoramic bay views, fresh seafood, and century‑long history as a beloved coastal landmark.
Positioned at the edge of Fortescue's quiet fishing village, this mixed‑use property offers a turnkey restaurant and boutique hotel with unbeatable waterfront frontage and endless expansion potential.
Property Highlights
Prime Waterfront Location
Directly on the Delaware Bay with unobstructed sunset views, wraparound dining decks, and immediate access to boating, fishing, and tourism traffic.
Highly Rated, Established Business
With a 4.7-star rating and 500+ reviews, the Charlesworth has a loyal customer base and strong brand recognition throughout New Jersey and the tri‑state region.
Turnkey Restaurant Operation
Approx. 130-seat dining capacity (indoor + outdoor)
Full commercial kitchen
Bar area
Walk‑in refrigeration
All FF&E included (fixtures, furnishings, equipment)
Boutique Hotel Component
Four guest rooms
Common lounge area
Ideal for weekend tourism, fishing charters, birdwatchers, and seasonal stays
Historic Coastal Charm
A well-known landmark for over 100 years, offering character, nostalgia, and a unique atmosphere that modern waterfront properties cannot replicate.
Investment & Expansion Potential
This property is ideal for:
Hospitality operators
Restaurateurs
Boutique hotel investors
Event venue developers
Waterfront lifestyle entrepreneurs
Expansion opportunities include:
Weddings & private events
Outdoor bar or live music venue
Seasonal festivals
Lodging packages with local charter boats
Brunch service, catering, or extended operating hours
With its combination of restaurant, lodging, and waterfront access, the Charlesworth offers multiple revenue streams and year‑round business potential.
Why This Property Stands Out
One of the few waterfront hospitality properties available in New Jersey
Strong reputation and built‑in customer base
Turnkey operation with all equipment included
Scenic, peaceful location with high tourism appeal
Perfect for an owner‑operator or investor seeking a unique coastal asset
Schedule Your Private Tour
Opportunities like this are exceptionally rare.
Whether you're expanding your hospitality portfolio or seeking a signature waterfront property with history and charm, The Charlesworth Restaurant & Hotel is a standout investment.
Location
State NJ
County Cumberland
Area Downe Twp (20604)
Zoning R
Interior
Hot Water Bottled Gas
Cooling Ceiling Fan(s), Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility Mobility Improvements, Ramp - Main Level
Total Parking Spaces 10
Garage N
Building
Sewer On Site Septic, Other
Water Public
New Construction N
Schools
School District Downe Township Public Schools
Others
Tax ID 04-00074-00035 02
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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