Active
324 3RD ST
JC, Downtown NJ, 07302
$2,999,999
Active
6 Baths
Commercial
Distinguished Opportunity: The Barge Inn - Restaurant, Bar, and Four Apartment Units Presenting 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. Explore the immense potential of this distinguished property - an iconic establishment poised for a new chapter of success. For further details or to discuss this unparalleled opportunity, kindly contact us at your earliest convenience.
230020915
MLSⓇ ID
December 19, 2023
Listed
October 1, 2024
Updated
Map
324 3RD ST
JC, Downtown NJ, 07302
Interior Features
Total Stories
3
Total Bathrooms
6
Full Bathrooms
4
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
JC, Downtown
Days on Market
266
Garage
No
View
No
County
Hudson
Pool
No
Courtesy of KELLER WILLIAMS CITY VIEWS with RYAN COOPER,
Listing Contact: 201-592-8900
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Data last updated on 10/1/2024 at 8:51 PM UTC