314 South Ave E, Westfield Town, NJ 07090
314 South Ave E, Westfield Town, NJ 07090
314 South Ave E, Westfield Town, NJ 07090
314 South Ave E, Westfield Town, NJ 07090
314 South Ave E, Westfield Town, NJ 07090
314 South Ave E, Westfield Town, NJ 07090
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$ 750,000
Est. payment | /mo

6 Beds

3 Baths

7,405 Sqft Lot


Save
$ 750,000
Est. payment | /mo
Save

6 Beds

3 Baths

7,405 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4012195

Style 3-Three Story

Bedrooms 6

Full Baths 3

Year Built 1920

Annual Tax Amount $8,582

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

Strong income-producing opportunity in desirable Westfield Township with flexible GB-3 zoning. This two-family property offers 6 bedrooms & 3 full baths with fully separate utilities for each unit, creating multiple income or mixed-use scenarios. The first-floor unit features 2 bedrooms & 2 full baths, an updated eat-in kitchen & spacious living room, partial occupancy currently generates $780/month, with prior full-unit rental history exceeding $2,500/month, offering clear upside potential. The upper unit spans the 2nd & 3rd floors and includes an eat-in kitchen, large living room & 2 bedrooms on the 2nd floor, plus 2 additional oversized bedrooms on the 3rd floor with attic access, currently rented at $2,700/month with a long-term tenant in place. Additional value features include a full unfinished basement, deep backyard, and GB-3 zoning allowing residential, mixed-use, or commercial applications. Convenient walk to NJ Transit train & bus and downtown Westfield amenities. A rare opportunity combining steady income, future flexibility & prime location.

Location

State NJ

County Union

Zoning GB-3

Rooms

Basement Full

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector

Heating Gas-Natural

Cooling Ceiling Fan, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Mckinley

Middle Schools Edison

High Schools Westfield

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by COLDWELL BANKER REALTY

Nearby Locations

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Jaynie Carlucci

Jaynie Carlucci

Agent | License ID: 1974183

+1(908) 873-7306

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314 South Ave E