558 Rahway Ave Union, NJ 07083-6649
Property profile & analytics
558 Rahway Ave Union, NJ 07083-6649
- Commercial real estate
- 3,066 SF
- 0.18 lot acres
Property ID
US59-1485175
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 558 Rahway Ave
- Year built
- 1958
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.18 lot acres
- Property size
- 3,066 SF
- Property type
- Commercial real estate
- APN
- 19 03703-0000-00015
- APU
- 1903703000000015
Description
This exceptional opportunity presents a well-established catering and deli business located at 558 Rahway Ave., Union, NJ, 07083, in Union County. The property is listed at $75,000 and offers a turnkey operation with an already-developed client base. This special purpose property is perfect for an entrepreneur seeking an immediate income stream. The business is ready for a new owner to step in and continue its success. No units are included in the sale; the offering is solely for the established business itself. The business's strong reputation and loyal customer base provide a solid foundation for future growth and profitability. This is a rare chance to acquire a profitable, established business in a desirable location. The address is easily accessible, offering convenient access for both customers and suppliers. This presents a unique opportunity for someone looking to own their own business with minimal start-up costs and immediate revenue potential. The business is currently operating and ready for a seamless transition to new ownership. Serious inquiries only. Financial details will be provided upon request and after a non-disclosure agreement is signed. This is a fantastic opportunity to own a thriving business in a vibrant community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $665,000
- ML approach
- $665,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $675,000
- 6.5%
- $625,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $722,000
- AI Estimate
- $544,000
Market price range: $548k - $974kMarket price range: $198k - $809k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $710,000 Current use
- OFFICE BUILDING
- $625,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Union
- County
- Union
- State
- New Jersey
- Longitude
- -74.301
- Latitude
- 40.6983
- 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
$14,578
$15,600
$54,100
$69,700
-
$15,600
$54,100
$69,700
