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333 Newark Ave
Jersey City, NJ 07302
333 Flats · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Next Door To World Class Music Venue and Theatre

Executive Summary

GRID Real Estate & BLDGup are pleased to announce a unique retail opportunity located at the base of 333 Flats, a twenty unit mixed-use development situated in the heart of The Village section of Downtown Jersey City. The Request for Proposal (“RFP”) process is now open for all restaurant and retail operators. Directly next door sits White Eagle Hall (“WEH”), a landmark music & theater completely rehabilitated and restored by BLDGup. The nationally recognized 842-capacity entertainment venue is now under management of Harris Blitzer Sports & Entertainment—operator of Newark’s Prudential Center and has seen the likes of Bouncing Souls, The Wailers, The Psychadelic Furs, Buckcherry & New Found Glory. Below the theatre sits two restaurant spaces. In all, WEH experiences over 100,000 patrons per year. WEH is now one of the newest and most unique live performance and event spaces in the Northeast. The venue has a capacity of 800 standing, 400 seated theater-style or 250 seated for dining (patrons only; additional capacity for staff), while the upper balcony can accommodate another 350 standing. The venue’s many historic features include a wrought iron wrap-around balcony and a coffered tin ceiling with two large Tiffany stained glass atriums at 28 feet high. Located just 12 minute walk from Grove St Path station, WEH has become a regular destination for music and theatre lovers from around the tri-state area. This Exquisitely maintained facility is staffed with highly trained sound and light technicians and is stocked with all industry preferred equipment. Explore these links to learn more about the project!!

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.07 AC
Building Size 15,140 SF
Average Occupancy 100%
No. Stories 5
Year Built 2022
APN / Parcel ID 06-11001-0000-00004
Zoning Neighborhood Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Tile Floors
  • Hardwood Floors
  • Stainless Steel Appliances

Site Amenities

  • 24 Hour Access
  • Business Center
  • Grill
  • Community-Wide WiFi
  • Conference Rooms
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 18 - 405 - 600
  • Listing ID: 24366141

  • Date on Market: 10/26/2021

  • Last Updated:

  • Address: 333 Newark Ave, Jersey City, NJ 07302

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