Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

464 Chestnut St Union, NJ 07083

  • Commercial real estate
  • 0.21 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1417235
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 464 Chestnut St

Construction
FRAME
Lot size
0.21 lot acres
Property type
Commercial real estate
APN
19 02606-0000-00028- 01
APU
190260600000002801

Description

This exceptional mixed-use property at 464 Chestnut Street in Union, NJ, offers approximately 450 square feet of ground-level office space. Boasting a prime location in a bustling main street business area, this space benefits from high visibility and convenient access via two street entrances. An existing overhead sign allows for easy branding opportunities for the new tenant, simply requiring a name change. Ample street parking is available for clients and employees. The rental rate of $1550 includes water and hot water, minimizing operational costs. The tenant is responsible for electricity, which covers lighting, heating, and air conditioning. Cooking is not permitted within the space. Landlords prefer a minimum two-year lease term. A credit score of 700 or higher is required for consideration. This is an excellent opportunity for a business seeking a well-located, affordable, and easily accessible office space in a thriving commercial area. The property's prominent location and included amenities make it an attractive option for a variety of businesses. The existing infrastructure and signage further reduce the initial investment required for a new tenant to establish their presence. The landlord's preference for a longer-term lease provides stability and predictability for both parties.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Union
County
Union
State
New Jersey
Longitude
-74.2692
Latitude
40.6826
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,662
$29,200
$40,900
$70,100
-
$29,200
$40,900
$70,100
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message