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 

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2024 at 8:51 PM UTC

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