49
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$2,500,000
Est. payment /mo
9,122 SqFt
Active
1030 South Ave Westfield Town, NJ 07090
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,122 sqft
Price per Sqft $274
MLS Listing ID 4018092
Year Built 2002
Annual Tax Amount $43,786
Tax Year 2025
Lot Size 10,018 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional investment opportunity! First time on market ever! This well-maintained mixed-use building in prime Westfield location offers strong income potential with both residential and commercial tenants. All leases are up for renewal except one commercial unit lease ends Feb 2028. The building features two commercial /storefront units, two 2-bedroom apartments and a 3-bedroom penthouse apartment currently all rented well below market value. Units include premium features such as hardwood floors, modern open floor plans, Gym in building, Central AC, Laundry in-unit, handicap accessibility, elevator, dedicated parking. Bus to NYC stops in front of building. Located within walking distance to schools, NJ Transit & shops. In addition to being closely located to Westfield downtown, the property is in close proximity to the downtown areas of Fanwood and Scotch Plains as well. Easy access to the Garden State Parkway and just a 25-minute drive to Newark Liberty International Airport. Also unique opportunity for owner occupancy! This is an AS IS sale with no known defects!
Location
State NJ
County Union
Zoning Mixed Use
Rooms
Basement Finished-Partially
Interior
Heating Electric, Gas-Natural
Cooling Central Air
Equipment Appliances, Fire Alarm, Fixtures, Handicapped Access, Passenger Elevator(s), Smoke Detector, Sprinkler System, Storage Area(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by ELITE REALTORS OF NEW JERSEY
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