Rare to Find Hoboken Broad C and D License

Hudson County, NJ

Rare to Find Hoboken Broad C and D License

Asking Price:$750,000

Established:N/A

Rare to Find Hoboken Broad C and D License

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Asset Sale Description

Now, therefore, the City Council of the City of Hoboken does hereby ordain as follows (additions noted in underline)

SECTION ONE: AMENDMENTS TO HOBOKEN CODE DECTION 68-7 ENTITLED “FIVE HUNDRED FOOT RULE”

*68-7 Five-Hundred-Foot Rule.

A. No plenary retail consumption license without broad package privileges (License Type 33), except renewals for the same licensed premises and transfers of license from person to person within the same premises, shall be granted or transfer made to other premises within a distance of 500 feet from any other premises then covered by a plenary retail consumption license without broad package privileges (License Type 33). There shall be no exceptions to this restriction. Should a license held by a restaurant be transferred to another location for use as a tavern, the restriction promulgated herein shall apply.

B. No plenary retail consumption license with broad package privileges (License Type 32), except renewals for the same licensed premises and transfers of license from person to person within the same premises, shall be granted or transfer made to other premises within a distance of 500 feet from any other premises then covered by a plenary retail consumption license with broad package privileges (Licensed Type 32). There shall be no exceptions to this restriction. Should a license held by a restaurant be transferred to another location for use as a tavern, the restriction promulgated herein shall apply.

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Vito Mastromonaco

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Vito Mastromonaco

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Larry Bodner

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