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    2317 Us Highway 22 Ctr Union, NJ 07083

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    For Lease
    Contact for pricing

    Former restaurant space available on a high-traffic retail corridor.

    Property size:
    2,466 SF
    Lot size:
    1.22 Acres

    Property Features for 2317 Us Highway 22 Ctr

    General Information

    Size
    2,466 SF
    Lot size
    1.22 Acres

    Source: Pierson Commercial Real Estate Agent Ryan Starkman, MBA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant Opportunity on Route 22

    This is a former restaurant opportunity situated in the heart of "Center Island" on Route 22, a well-known and desirable retail corridor in New Jersey. The property benefits from significant accessibility, featuring six curb cuts providing access points to both the east and west sides of Route 22. The location experiences substantial vehicular traffic, with over 85,000 vehicles passing by daily. Signage opportunities are available on both sides of the end cap, along with a large pylon on both sides of Route 22. The surrounding area boasts strong incomes, exceeding $123,000, and is one of the most densely populated retail corridors in the state, with over 160,000 people residing within a 3-mile radius and over 560,000 people within a 5-mile radius. The property has a size of 2466 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Similar Places Nearby

    DR CATERING, Kreyol Kitchen Catering, Addison Taylor Catering, David Ellis Events, Top Knotch Soultry Delights

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.291937
    Latitude
    40.690385

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space available on a high-traffic retail corridor.
    Where is this restaurant located?
    The property is located at 2317 Us Highway 22 Ctr Union, NJ.
    What are key features of this property?
    This property features: - Tremendous vehicular traffic: Over 85,000 vehicles per day.; - Prime location: Heart of “Center Island” on Route 22, a desirable retail corridor.; - High income area: Strong incomes north of $123,000.
    (732) 707-6900
    Request Owner's contact information
    2317 Us Highway 22 Ctr Union, NJ 07083
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    Union, NJ 07083
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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
    2317 Us Highway 22 Ctr Union, NJ 07083
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