Available

New Jersey Plenary Retail Consumption License (Type 33) — POCKET License, no business attached -- North Jersey --Asking Price: $375,000 | Seller Will Consider Reasonable Offers

$375.000

  • 12712
  • Passaic, New Jersey

Financial Information
Asking Price $375.000
Property Information
Category Business With Real Estate
Headline New Jersey Plenary Retail Consumption License (Type 33) — POCKET License, no business attached -- North Jersey --Asking Price: $375,000 | Seller Will Consider Reasonable Offers
Description

Rare opportunity to acquire a New Jersey Plenary Retail Consumption (Type 33) liquor license in a high-demand North Jersey market. Type 33 licenses authorize the full on-premises sale of beer, wine, and spirits and are among the most sought-after licenses in the state — strictly capped at one per every 3,000 municipal residents, making open-market availability genuinely scarce.

This POCKET license (unattached to any operating business) is being offered at $375,000 with the seller open to reasonable offers. Ideal for restaurateurs, hospitality groups, or developers looking to establish or expand a licensed concept in the greater New York metro area.

Of particular note: under New Jersey's recently enacted intermunicipal license transfer statute (N.J.S.A. 33:1-24.3a, effective August 1, 2024), there may be an opportunity to transfer this license to a qualifying contiguous municipality — potentially expanding the pool of eligible buyers and use cases beyond the issuing municipality. Buyers with redevelopment or new construction projects in neighboring towns are encouraged to explore this option.

Serious inquiries only. Proof of funds or financing capacity may be required prior to disclosure of additional details.

Overview
Property ID: 12712
Type: Business With Real Estate
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