Active
324 3Rd St
Jersey City NJ, 07302
$2,999,999
Active
Commercial
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment UnitsPresenting an iconic opportunity to acquire not just one, but two well-established and highly successful businesses " The Barge Inn, a renowned restaurant and bar, along with four accompanying apartment units. This corner property, strategically positioned just off Newark Avenue, has proudly served as a neighborhood cornerstone for over five decades.Encompassing the full footprint of the lot, this property offers a myriad of possibilities for investors and entrepreneurs alike. Ideally located in proximity to Newark Avenue's pedestrian plaza and restaurant row, this establishment has been a consistent presence in the community.The Grove Street PATH features four apartments, each thoughtfully designed for modern living. Unit 1 comprises a one-bedroom with a bonus room and one bath, while Units 2 and 3 offer two bedrooms and one bath each. Unit 4 is a well-appointed one-bedroom with one bath. Alongside the residential units, the property includes a thriving restaurant and bar, both contributing to the allure of this investment.Currently, the owner is in the process of developing plans for a strategic redevelopment, presenting a substantial opportunity for new development in this prime location. The entire building, including the restaurant, bar, and apartments, can be delivered vacant, offering a clean slate for visionary projects.
3878750
MLSⓇ ID
December 19, 2023
Listed
October 1, 2024
Updated
Map
324 3Rd St
Jersey City NJ, 07302
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.05 Acres
Roof
Asphalt
Other Property Details
Taxes
$24,386
Tax Frequency
Annually
Days on Market
204
Garage
No
View
No
County
Hudson
Water Source
Public
Pool
No
Zoning
Res/Com
Courtesy of KELLER WILLIAMS CITY VIEWS REALTY with BRUCE ELIA JR, RYAN COOPER
Listing Contact: 2015928900
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