324 3Rd St, Jersey City, NJ 07302 | MLS 3878750 | Listing Information | Berkshire Hathaway HomeServices Abbott Realtors | Berkshire Hathaway HomeServices Abbott Realtors
FOR SALE
$2,999,999  

324 3Rd St
Jersey City, NJ 07302

Mixed Use
Commercial
0.05
Acres Lot
Courtesy: KELLER WILLIAMS CITY VIEWS REALTY
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
Mixed Use, 3+ Story
Hudson
0.05 Acres
Public Water
3
Wood Siding
Natural Gas Available
4 Total
Interior Features
Cooling
Window Unit(s)
Heating
. Forced Air.
Basement
Partially Finished
Exterior / Lot Features
Roof
Asphalt
Zoning
Res/Com
Financial Considerations
Fee Simple
1806-11102-0000-00001-0000-
$24,386
Courtesy: KELLER WILLIAMS CITY VIEWS REALTY
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