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$1,500,000
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Property Description
Exceptional Investment Opportunity - Established Bar/Restaurant Business & Mixed-Use Property. This unparalleled investment opportunity combines a thriving, 72-year-old family-owned and operated bar/restaurant business with ownership of a highly desirable mixed-use commercial building. Ideally located directly across from the busy 22nd Street Light Rail Station, this is a rare chance to acquire one of Bayonne's true legacy establishments. Offered for sale for the first time in decades, Kuhl's Tavern has long served as a community gathering place, welcoming generations of patrons for great food, drinks, and camaraderie. A true neighborhood destination, the property enjoys exceptional visibility and benefits from substantial pedestrian and vehicular traffic along the highly traveled 22nd Street Midtown corridor. The location is further enhanced by the presence of more than 1,000 newly built luxury apartment units in the surrounding area, providing a strong and growing customer base. The sale includes: "¢ The established, turnkey family-owned restaurant and tavern business "¢ All commercial-grade kitchen, bar, and operating equipment "¢ A Class C Consumption Liquor License "¢ The corner mixed-use building "¢ A spacious 1,100-square-foot, three-bedroom residential apartment generating rental income. Whether you're an investor, developer, entrepreneur, or restaurateur, this is a unique opportunity to own a landmark business and income-producing property in one of Bayonne's most active and growing neighborhoods. Don't miss this rare opportunity-act now!
Full Property Details
Full Property Details for 53 Prospect Ave
General
- Price: $1,500,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260011922
- Updated: 7/6/2026
- Added to Site: 20 day(s) ago
Location
- County: Hudson
- Location Details: COR. PROSPECT AVE & E.22ND ST
Structural Information
- Stories in Building: 2
- # of Stores: 2
Lot Features
- Lot Size: 26.5X100
- Lot Dimensions: 26.5 x 100
- Lot Description: 9
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by The Property Shop Inc (201) 339-7555
Get Pre-Approved Today
Schools
Schools serving 53 Prospect Ave
School District:Bayonne City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln No. 5 Elementary School, Bayonne, NJ 208 Prospect Avenue, Bayonne, NJ 07002 | PK-8 | 0.5 mi |
Bayonne High School 669 Avenue A, Bayonne, NJ 07002 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 Prospect Ave
Date
Details
Price
Change
Source
6/17/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 53 Prospect Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,667
9%
$405,100
—
2022
$10,666
1%
$405,100
—
2021
$10,581
-2%
$405,100
224%
2019
$10,788
2%
$125,000
—
2018
$10,572
3%
$125,000
—
2017
$10,299
4%
$125,000
—
2016
$9,919
3%
$125,000
—
2015
$9,592
5%
$125,000
—
2013
$9,174
—
$125,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 53 Prospect Ave
53 Prospect Ave, Bayonne, NJ 07002 (MLS# 260011922) is a Commercial property. 53 Prospect Ave is currently listed for $1,500,000 and was received on June 17, 2026. Want to learn more about 53 Prospect Ave? Do you have questions about finding other Commercial real estate for sale in Bayonne? You can browse all Bayonne real estate or contact a Coldwell Banker agent to request more information.

