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    78 East Cherry St Rahway, NJ 07065

    For Sale
    $650,000

    Business - Rahway City, NJ

    Property size:
    3,000 SF
    Days on Market:
    10
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 78 East Cherry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Size
    3,000 SF

    Building Details

    Architectural style
    Other

    Real Broker LLC

    Listing agent JORGE CASALINS (855) 450-0442

    Listing date Nov 28, 2025

    MLS# 3997918 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant & Lounge Business

    This is an opportunity to acquire a turnkey restaurant and lounge business in a prime downtown Rahway location. The business, known as La Chula Tex-Mex Cuisine, is a profitable, 5-star-rated establishment. The operation underwent a complete, high-end renovation in 2023. The sale includes a liquor license and a celebrated "Tacos, Tequila, Tunes" concept. The restaurant is known for its lounge atmosphere, modern neon decor, and service. A unique outdoor patio is a major draw. The menu features gourmet Tex-Mex items and craft cocktails with theatrical presentations. With a 4.6-star Google rating (450+ reviews) and a robust Instagram following, the business has a stellar reputation and a loyal clientele. It is praised for its lively vibe, presentation, and fresh food, making it a destination for date nights and group outings, especially with a live DJ on weekends. The space is approximately 3,000 sq ft between the main level, basement office and storage, and the outdoor patio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Chula Tex-Mex Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Alfonso's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Rahway
    County
    Union
    State
    New Jersey
    Longitude
    -74.27435
    Latitude
    40.60694

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    FAQs

    What type of property is this?
    Restaurant - Profitable, 5-star-rated restaurant and lounge in downtown Rahway.
    Where is this restaurant located?
    The property is located at 78 East Cherry St Rahway, NJ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Highly profitable, 5-star-rated restaurant and lounge in a prime downtown Rahway location.; - Includes a sought-after liquor license.; - Fully turnkey operation with a **complete, high-end renovation completed in 2023.**
    (855) 450-0442
    Request Owner's contact information
    78 East Cherry St Rahway, NJ 07065
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    Rahway, NJ 07065
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    Realmo Value Estimation

    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.

    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.

    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
    78 East Cherry St Rahway, NJ 07065
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