Jersey City, NJ 07302,324 3Rd St
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$ 2,999,999
Est. payment | /mo

2,178 Sqft Lot


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$ 2,999,999
Est. payment | /mo
Save

2,178 Sqft Lot

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

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS CITY VIEWS REALTY

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David Da Silva

Broker Associate | License ID: 1863530

+1(862) 579-0577

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324 3Rd St