$2,999,999
324 3Rd St Jersey City, NJ 07302
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$2,999,999
Est. payment /mo
2,178 Sqft Lot
UPDATED:
07/10/2024 01:53 PM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3878750
Annual Tax Amount $24,386
Tax Year 2023
Lot Size 2,178 Sqft
Property Description
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.
Location
State NJ
County Hudson
Zoning Res/Com
Rooms
Basement Finished-Partially, Full
Interior
Cooling Window A/C(s)
Equipment Appliances, Restrooms - Private
Exterior
Exterior Feature Wood
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 3
Water Public Water
Others
Ownership Fee Simple
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.
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