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    560 Springfield Ave Westfield, NJ 07090

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    For Lease
    $1,050 /Mo ($11 SF/Yr)

    Newly renovated office space with shared amenities and parking included.

    Property size:
    1,080 SF
    Lot size:
    1.78 Acres

    Property Features for 560 Springfield Ave

    General Information

    Standard status
    Active
    Size
    1,080 SF
    Lot size
    1.78 Acres

    Building Details

    Year built
    1968

    Source: COLDWELL BANKER REALTY Agent THERESE WARREN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space with Amenities

    This newly renovated office space, updated in October 2023, measures 11.1 x 10.6 feet. It features access to a common area waiting room and kitchenette. The sublet includes unlimited parking located at the back of the building, providing direct access to Suite J. The landlord, who maintains an office within the suite, covers all utilities, including heating, cooling, internet, fax machine, trash disposal, and professional cleaning services twice per month. The shared waiting room is equipped with two TVs and seating for eight. Additional amenities include a refrigerator, sink, coat storage, shredder, electric fireplace with heat, massage chair, and dimming lights. An elevator provides building access, and public restrooms are located on the same floor outside the office suite. Desks are currently available in the office for tenant use. Please note that landlines are not provided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Center for Breast Health ... Women'S Health Clinic Parkview Dental of Westfield Dentist Saint Barnabas Medical ... Medical Laboratory The Therapy Garage PC Occupational Therapist U.S. PARMA Soccer Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Union
    State
    New Jersey
    Longitude
    -74.331326
    Latitude
    40.6791659

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    FAQs

    What type of property is this?
    Office space - Newly renovated office space with shared amenities and parking included.
    Where is this office space located?
    The property is located at 560 Springfield Ave Westfield, NJ.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated office space (Oct 2023).; - All utilities included: heating, cooling, internet, fax, trash, and professional cleaning.; - Shared amenities include a waiting room (seats 8) with TVs, kitchenette, refrigerator, sink, coat storage, shredder, electric fireplace with heat, massage chair, and dimming lights.
    (908) 233-5555
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    560 Springfield Ave Westfield, NJ 07090
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    560 Springfield Ave
    Westfield, NJ 07090
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    560 Springfield Ave Westfield, NJ 07090
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