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Pending

471 Chestnut Street, Union, NJ 07083

Retail space

Property Size6,000 SF
Days on Market149

Property Features for 471 Chestnut Street

General Information

Standard status Pending
Size 6,000 SF
Property subtype Retail, Multifamily
Listing Agency: Weichert Commercial Brokerage Inc Edison
Listed By: Patrick Masi · License #NJ 9034906
Source: Crexi
Added: Apr 10 Changed: Sep 4 Last Checked: Sep 4 at 11:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Commercial Brokerage Inc Edison

Investment Insights

Based on property information with market context.

Key Highlights

  • Retail space listed at 6,000 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Dining 32% Groceries 23% Beauty & Spa 3%
Seabra's Market Groceries
27,031 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,555 visits/mo 0.4 miles
7-Eleven Shops & Services
9,151 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,140 visits/mo 0.5 miles
Bank of America Shops & Services
8,929 visits/mo 0.3 miles

Demographics for 07083, NJ

56,131
Population
20,792
Households
2.7
Avg Household Size
41
Median Age
41%
College-Educated
89%
High-School Grad
8.7 sq mi
ZIP Area
6,452
Density / Sq Mi
$118,106
Median Household Income
$58,443
Median Earnings
$1,938
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

Where is this retail space located?
The property is located at 471 Chestnut Street Union, NJ.
What are key features of this property?
This property features: Retail space listed at 6,000 SF
More about this property
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