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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