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$96,000 -$19,000 (-16.52%) Price Reduced

  • For Sale
  • Active
  • Business
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Established and Successful restaurant, operating for 5 years in a desirable area of Paterson. Owned and operated by a recognized and award-winning chef. The restaurant is known for its unique signature recipes, creating a strong reputation and loyal clientele. Ready for a new owner to continue operations.

Full Property Details for 249 Union Ave

General

  • Price: $96,000
  • Status: Active
  • Type: Business
  • Source: Garden_State
  • MLS ID: 4052221
  • Updated: 10/9/2026
  • Added to Site: 28 day(s) ago

Business

  • Name: Lomo Saltado
  • Business Type: See Remarks
  • Business Sub-Type: See Remarks
  • Real Estate: No RE Available

Rental Information

  • Lease Info: See Remarks

Rooms

Bathrooms

  • Restrooms: 2

Parking

  • Garage Description: None

Location

  • County: Passaic
  • Driving Directions: Union Ave.

Heating & Cooling

  • Cooling Type: 2 Units
  • Heating Type: 1 Unit
  • Heating Fuel: Natural Gas, See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Lot Features

  • Frontage: City/Town Street
  • Driveway/Sidewalk: None

Financial Considerations

  • Lease Price Per Mth: $2,500
  • Expenses: See Remarks

Disclosures and Reports

  • Ownership: See Remarks
  • Documents Avail.: See Remarks
  • APN: 2508-01304-0000-00018-0000-

Listed by Unicasa Union Realty Inc

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Listing agent

— 249 Union Ave —

  • Unicasa Union Realty Inc

973-942-4300

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 249 Union Ave

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 249 Union Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2026
Price Reduced
$96,000
-16.52%
MLS
9/11/2026
Listed
$115,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 249 Union Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$65,354
—
$2,032,100
66%
2025
$65,354
15%
$1,225,000
—
2022
$56,864
4%
$1,225,000
—
2021
$54,831
20%
$1,225,000
16%
2018
$45,856
13%
$1,060,000
8%
2017
$40,726
-4%
$979,000
—
2016
$42,479
-13%
$979,000
-17%
2019
$48,732
21%
$1,178,800
20%
2015
$40,217
2%
$979,000
-5%
2013
$39,343
—
$1,033,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Unicasa Union Realty Inc

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249 Union Ave, Paterson, NJ 07502 (MLS# 4052221) is a Business property. 249 Union Ave is currently listed for $96,000 and was received on September 11, 2026. Want to learn more about 249 Union Ave? Do you have questions about finding other Business real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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