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    517 Chestnut St Union, NJ 07083

    For Lease
    $3,200 /Mo

    Versatile space suitable for retail, office, or medical use.

    Lot size:
    0.39 Acres

    Property Features for 517 Chestnut St

    General Information

    Standard status
    Active
    Lot size
    0.39 Acres

    Building Details

    Year built
    9999

    Source: INVESTORS REALTY INC Agent MARIO MENDOZA

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

    Overview

    Retail/Office/Medical Space Available

    This property is suitable for a variety of uses, including nail salons, offices, retail spaces, and medical facilities. The tenant is responsible for covering all utility costs, with the exception of property taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2689507
    Latitude
    40.6844464

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    FAQs

    What type of property is this?
    Retail space - Versatile space suitable for retail, office, or medical use.
    Where is this retail space located?
    The property is located at 517 Chestnut St Union, NJ.
    What are key features of this property?
    This property features: - Suitable for a variety of business types: nail salon, office, retail, medical, etc.; - Tenant responsible for all utilities except property taxes.; - Versatile space adaptable to different business needs.
    (908) 212-3635
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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
    517 Chestnut St Union, NJ 07083
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