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Niraj Parikh

parikhrealty@gmail.com +1(848) 565-5006

$1,999,000

Est. payment - /mo

9,122 SqFt

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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 $219

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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NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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1030 South Ave Westfield Town, NJ 07090