1030 South Ave, Westfield Town, NJ 07090

$1,999,000

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List Price
$1,999,000
Price Change
▼ $201,000 1779905125
MLS#
4018092
Dom
55
Year Built
2002
Status
ACTIVE
County
Union
City
Westfield Town
Acres
0.23

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!

Additional Information

Taxes
$43,786
Cooling
Central Air
Exterior
Vinyl Siding
Garage Spaces
10
Heating
4+ Units, Forced Hot Air
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

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Listing Courtesy Of ELITE REALTORS OF NEW JERSEY, Contact: 973-796-6156

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