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$2,600,000
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Property Description
We are proud to present a rare and exceptional opportunity to own a true Bayonne landmark - the long-established Rincon De España restaurant and the mixed-use building it has called home since 1982. This package deal includes both the fully operational, turnkey restaurant and the income-generating building it occupies, located on Broadway in the heart of Bayonne's bustling commercial corridor. Rincon De España has been a beloved staple of the community for over four decades, known for its authentic Spanish cuisine, warm hospitality, and deep local roots. The sale includes the full restaurant operation, complete with equipment, furnishings, a valuable liquor license and decades of brand recognition - offering a seamless transition for restaurateurs, investors, or anyone looking to carry on this legacy business. The restaurant offers seating for 180 guests in the main dining rooms and an additional 24 seats in the bar area, making it ideal for both casual dining and large gatherings. The building itself is equally impressive, featuring six total units: the restaurant on the ground floor and five residential apartments above - three one-bedroom units and two two-bedroom units. All apartments are fully leased, providing consistent monthly income, and each unit has separate utilities. In addition, the property includes 4 dedicated parking spaces in the rear - a valuable asset in this vibrant and growing part of town. Bayonne is experiencing continued revitalization, with commercial and residential demand on the rise. Whether you are an investor seeking a unique mixed-use asset, a restaurateur looking to expand into an up-and-coming market, or an entrepreneur envisioning your next big move, this property offers a compelling blend of stability, upside, and legacy. Opportunities like this - combining real estate, an operating business, and community heritage - are truly one of a kind. Don't miss the chance to own a piece of Bayonne's past, present, and future. This is more than a building, it's a business, a brand, and a community fixture.
Full Property Details
Full Property Details for 614-616 Broadway
General
- Price: $2,600,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260002893
- Updated: 2/19/2026
- Added to Site: 26 day(s) ago
Location
- County: Hudson
- Location Details: 28th & 29th Streets
Lot Features
- Lot Size: 50x100
- Lot Dimensions: 50 x 100
- Lot Description: 51.01
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Inclusions: Building and all restaurant equipment and liquor license.
- Lead Paint Discl.: Yes
Listed by Berkshire Hathaway Home Services McGeehan & Pineiro Realty (201) 858-3000
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Schools
Schools serving 614-616 Broadway
School District:Bayonne City School District
| Name | Grades | Distance |
|---|---|---|
Phillip G. Vroom No. 2 Elementary School 18 West 26th Street, Bayonne, NJ 07002 | PK-8 | 0.2 mi |
Bayonne High School 669 Avenue A, Bayonne, NJ 07002 | 9-12 | 0.5 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 614-616 Broadway
Date
Details
Price
Change
Source
2/19/2026
Listed
$2,600,000
—
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 614-616 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,036
4%
$1,046,400
—
2023
$29,854
2%
$1,046,400
—
2022
$29,310
1%
$1,046,400
—
2021
$29,111
5%
$1,046,400
227%
2019
$27,616
-18%
$320,000
-20%
2018
$33,832
3%
$400,000
—
2017
$32,956
4%
$400,000
—
2016
$31,740
3%
$400,000
—
2015
$30,696
5%
$400,000
—
2013
$29,356
—
$400,000
—
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 614-616 Broadway
614-616 Broadway, Bayonne, NJ 07002 (MLS# 260002893) is a Commercial property. 614-616 Broadway is currently listed for $2,600,000 and was received on February 19, 2026. Want to learn more about 614-616 Broadway? 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.

