367 Chestnut St Union, NJ ^$ 245,000

367 Chestnut St

^$ 245,000

Back to search

Recently Listed

367 Chestnut St

Union, NJ, 07083

^$ 245,000

Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

^$ 1,547

Commercial Property for sale in Union, NJ

for $245,000 with 1 half bath. This building is 2,500 square feet.

A beautiful, fully renovated Portuguese restaurant with a lovely atmosphere and a great working environment. It boasts a massive client base. A fantastic spot to enjoy delicious European cuisine?a unique offering in the city. Reason for sale: the owner is tired of making money. Seize this unique market opportunity, long 20 year term lease.

Commercial Active

Price

^$ 245,000

Half Bath

Property Type

Commercial

Taxes

^$ 0

Style

Town/City

Union

County/Region

Union

MLS | Web ID

4054725

Features

General

Sewer Public Sewer

Heating 1 Unit Forced Hot Air

Cooling 1 Unit Central Air

Utilities Electric Gas In Street Gas-Natural

Possession asap

Garage See Remarks Separate Location

Township Union Twp.

Ownership Sole Proprietorship

Gross Income 700000

Business Type See Remarks

Business Name CHURRASCO PORTUGUESE

County Union

Net Operating Income 300000

Operating Expense 400000

Subdivision Name COMMERCIAL

Status Active

Directions M AVE TO 5 POINTS NEXT TO GALLOPING HILL BANQUET HALL.

Drive Paver Block

Leasable Area 2500

Standard Status Active

Town # 2919

Leasehold Rent $/Mo 3800

Exterior

Water Source Public Water

Road Type City/Town Street

Building Area Total 2500

Interior

Fuel Type Gas-Natural

Half Baths 1

* Excluded Features

List By

MARIO MENDOZA

Listing Agent

Investors Realty Inc

Broker

Affordability Calculator

$1,547

Per Month

Monthly Principal & Interest: $1,547
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Union, NJ

Average List Price ^$888,042

Percent of Sale Price 262%

About Union, NJ

58,933 Population

9% Since 2002

^$78,815 Median Income

40.83 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/23/2026	$245,000		Listed Price

Map

More homes like this one

homes for you

See all

367 Chestnut St, Union, NJ, 07083 is a Commercial Property for sale at $245,000 with 2,500 sqft. The property's zip code is 07083 which is in Union, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

367 Chestnut St

Commercial Property for sale in Union, NJ

Affordability Calculator

Map

More homes like this one

Get more info about this home