314 42nd StreetSea Isle City, NJ 08243

Commercial
$6,999,999 ACTIVE

314 42nd Street Overview

Time on Site:
242 days
Visits:
285

One of the most sought out dining and entertainment destinations in Sea Isle City, The Oar House Pub, is now available for sale. Since its inception in 1970, originally as The Lobster Loft, this establishment has served and provided entertainment to hundreds of thousands of customers and continues to do so to this day. Situated on the bay on 42nd Street The Oar House Pub is the only restaurant in Sea Isle City that can offer food, adult beverages, and live entertainment while taking in beautiful waterfront views. The main floor includes 3 separate bars. Two with full dining areas that can accommodate 200 guests. Also in this area is a full stage where bands and musicians can continue to entertain as they have for over 5 decades. The front bar can seat 25 eat at the bar patrons as well as additional table seating. The second floor bar can entertain 100 guests and is an ideal space to host private party's and banquets. The outside Alley Bar also provides live entertainment and can serve 40 guests. Ride your boat through the bay and dock it at the bars slips. All on site kitchen equipment is included in the sale as well as additional warehouse stored equipment. All tables, booths, dinnerware, flatware, linens and everything falling under the category of bar equipment are included. The sale price includes the purchase of the business, the building, specified contents, and the liquor license The purchase options are multiple. Buying the Oar House Pub and liquor license and continuing the tradition of providing great food, beverages, and entertainment being one. The property is zoned commercial and residential so the development of residential units with commercial space is another option. This is a unique opportunity for the right buyers to own and operate an iconic piece of Sea Isle City history.

Listing provided courtesy of SEA ISLE REALTY- MLS# 253201MLS Provider
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314 42nd Street Facts & Features

  • Type Commercial

Details

General

School Information

  • School District: 14
  • High School: 9,500

Listing Information

  • Bank Owned: No
  • Sale/Rent: For Sale

Building Information

  • New Construction: No
  • Year Built: 1970

Location/Region

  • County Or Parish: 09-Sea Isle City
  • LOCATION: Bay Front,Island,Inlet,Water Front,Water View
  • MLS Area Major: Sea Isle City

Waterfront/View

  • BAY PROXIMITY: 1 Block
  • BEACH PROXIMITY: 3 Blocks

Tax Information

  • Tax Annual Amount: $15,569.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Restaurant
  • Property Type: COMMERCIAL/INDUSTRIAL
  • TYPE: Restaurant/Bar

Interior

Building Interior

  • HOT WATER: Gas

General Information

  • Cooling: Central Air Conditioning
  • Flooring: Hardwood, Linoleum/Vinyl
  • Heating: Gas Natural, Forced Air
  • Interior Features: Handicap Features, Restroom, Smoke/Fire Alarm, Storage

Exterior

Parking Information

  • Parking Features: 11 Or More Spaces, Off Street, Paved

Lot Information

  • Water Source: City

Building Exterior/Construction

  • Construction Materials: Wood/Frame

General Information

  • Exterior Features: Dock/Pier/Slip, Restrooms, Storage Building, Sign
  • Sewer: City

314 42nd Street Neighborhood

Community

08243 (Sea Isle City) Demographics

65
Median Age
498
Population Density (per sq. mile)
49%
College Educated
$76,875
Estimated Median Income
1,029
Estimated Total Home Owners
76
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

314 42nd Street Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

314 42nd Street Market Data

Based on the last 30 days in this zip code

$2,074,345
Average List Price
$1,123
Average Price per Square Foot
2
Properties Sold
88
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

314 42nd Street History

Date Event Value Agent
10/30/2025Source: Cape May MLS Price Increase
$6,999,999 7.7%
10/30/2025Source: Cape May MLS Added to Database
October 30, 2025