464 Chestnut St Union, NJ 07083-9324
Property profile & analytics
464 Chestnut St Union, NJ 07083-9324
- Commercial real estate
- 0.21 lot acres
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.
Location Intelligence
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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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
