Movie-goers can rejoice as movie theaters can open in limited capacity on Friday, Gov. Phil Murphy said.

RAMSEY — The Ramsey Theatre has survived 93 years, even through digital upgrades, but may not survive its newest challenge: COVID-19.

Owner Hala Alain has posted a for-sale sign on the marquee, and tenants Laura and Dave Rose said they are not optimistic it can be saved, as their application for a loan to buy the theater was too late.

“We can’t do any more,” Laura Rose said Monday. “We’re crushed. This is our livelihood.”

After New Jersey theaters were ordered closed in March due to the pandemic, the Roses attempted to keep interest alive with impromptu drive-ins at Smith School on Monroe Street. The Borough Council suspended restrictions to allow for the showings.

Laura Rose said the couple’s 15-page application to the Small Business Administration for assistance in buying the