Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    671 BROADWAY Bayonne, NJ 07002

    View on Map
    Claim this Listing
    New
    For Sale
    $2,850,000

    Investment - Bayonne, NJ

    Added:
    May 5, 2026
    Days on Market:
    2
    Last Refresh:
    May 6 at 5:06 am

    Property Features for 671 BROADWAY

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Tax Annual Amount
    23645

    Building Details

    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    CHRISTOPHER PIECHOCKI

    Listing agent CHRISTOPHER PIECHOCKI License #0233094

    Listing office KELLER WILLIAMS CITY LIFE REALTY 5 MARINE VIEW PLAZA #310, Hoboken, NJ

    Listing date May 5, 2026

    MLS# 260008414 Listing URL

    Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Four-Level German Pub Restaurant

    This iconic four-level German pub and restaurant presents a rare opportunity to own a cherished and recognizable corner property. Rich in history and architectural character, the building showcases ornate stonework, intricate wood detailing, and stained glass, creating an unforgettable atmosphere. This long-established business has cultivated a loyal following and continues to thrive as a destination for dining, events, and nightlife. The property features a fully equipped bar, a newly updated kitchen, and a dedicated party room suitable for private events and celebrations. Outdoor seating enhances its charm and revenue potential, while the upper-level residential rental provides additional income. The building, crowned with a classic mansard-style roof, carries significant historic value and timeless appeal. There is potential for expansion, offering upside for an investor or operator. Strategically located near the light rail and a future ferry stop, the property is positioned to benefit from increased accessibility and the anticipated growth tied to the upcoming movie studios. The sale includes a fully equipped operation along with a liquor license, making this a turnkey opportunity. The property is located in Bayonne, New Jersey, 07002.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • OJ Mac’s Irish Publick House — 206 Broadway, Bayonne, NJ 07002
    • Lot 13 Long — 50 E 18th St, Bayonne, NJ 07002
    • The Vic Tavern — 107 Hobart Ave, Bayonne, NJ 07002
    • Shorty's — 279 Broadway, Bayonne, NJ 07002
    • Mr.Cee's — 17 E 21st St, Bayonne, NJ 07002

    Location Insight

    • Map
    • Local Demand
    City
    Bayonne
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1131494
    Latitude
    40.6702687

    Nearby Similar for Sale

    • $1,500,000
      5,235 SF

      Mixed-Use Property in Growing Neighborhood

      Solid brick mixed-use property with residential and commercial income.
      383 Avenue C, Bayonne City, NJ 07002-5159
      View Details
    • $929,000

      Bayonne Two-Family Colonial Home

      Well-maintained two-family home with finished basement and oversized backyard.
      666 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $1,950,000
      12,750 SF

      Bayonne City Commercial Opportunity

      Commercial property near transportation with redevelopment potential in Bayonne City.
      757 Avenue C, Bayonne City, NJ 07002-2845
      View Details
    • $529,000

      Two-Family Residence in Bayonne, NJ

      Well-maintained two-family residence with modern amenities and convenient location.
      91 WEST 43RD ST, Bayonne, NJ 07002
      View Details
    • $549,999
      1,900 SF

      Two-Family Home in Bayonne, NJ

      Centrally located two-family home with two-tier deck and sizable backyard.
      659 Kennedy Boulevard, Bayonne, NJ 07002
      View Details
    • $699,000

      Bayonne Mixed-Use Investment Opportunity

      Mixed-use property with retail space and residential unit in Bayonne.
      689 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $500,000
      9,999 SF

      Bayonne City Condo Office Space

      2,000 SF condo with exam rooms and offices.
      534 Avenue, Bayonne City, NJ 07002
      View Details
    • $699,000

      Mixed-Use Property in Bayonne, NJ

      Mixed-use property with retail space and residential apartment.
      689 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $660,000

      Renovated Multi-Family in Bayonne

      Renovated multi-family property near light rail in Bayonne City.
      13 W 16Th St, Bayonne City, NJ 07002-3601
      View Details
    • $3,500,000

      Versatile Commercial Property in Bayonne

      5,000 sq ft property in high-traffic area, ideal for investment.
      430-432 BROADWAY, Bayonne, NJ 07002
      View Details
    • $649,000

      Spacious Two-Family Home in Bayonne

      Two-family home in Bayonne near schools, shopping, and transportation.
      98 W 49Th St, Bayonne City, NJ 07002-3225
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Cherished corner property with rich history and architectural character.
    Where is this bar & pub located?
    The property is located at 671 BROADWAY Bayonne, NJ.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: Turnkey operation with fully equipped restaurant, bar, and liquor license included.; Established business with loyal customer base and proven revenue stream.; Prime location near light rail and future ferry stop, poised for growth with upcoming movie studios.
    (201) 659-8600
    We can help!
    Listing Contact
    CHRISTOPHER PIECHOCKI
    Real Estate License ID: 0233094
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    671 BROADWAY, Bayonne, NJ 07002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!