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Renovated Two-Story Office Building
For Sale
Contact for pricing
Pending

115 New St, Westfield, NJ 07090

Two-floor configuration supports occupancy by separate office users.

Property Size3,190 SF
Days on Market143

Property Features for 115 New St

General Information

Standard status Pending
Size 3,190 SF
Total Parking Spaces 3
Property subtype Office

Additional Details

Office Units 2

Building Details

Buildings 1
Stories 2
Building Size 3,190 SF
Listing Agency: Terrie O'Connor Realtors
Listed By: Concetta Yakimik · License #NJ 2075480
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Terrie O'Connor Realtors

Investment Insights

Based on property information with market context.

This two-story office building has been substantially updated with new electrical and plumbing systems, hardwood flooring, carpeting throughout the interior office areas, and refreshed exterior siding. Each floor provides 1,595 square feet, creating a configuration that can accommodate two separate tenants.

The property is located at 115 New St in Westfield, New Jersey. Three parking spaces are positioned in front of the building, with potential for four to six additional spaces beside the front entrance. Approximately eight more parking spaces are available on S. Elmer Street, a short walk from the entrance.

Key Highlights

  • Two‑story office building with 1,595 square feet on each floor
  • Renovations include new electric, plumbing, hardwood floors, carpeting, and exterior siding
  • Configuration can accommodate two tenants, one on each floor

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Computer & Electronic Repair Cosmetic Store Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

2,759
Businesses Nearby

Demographics for 07090, NJ

31,056
Population
11,093
Households
2.8
Avg Household Size
41
Median Age
77%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
4,635
Density / Sq Mi
$212,700
Median Household Income
$106,123
Median Earnings
$2,211
Median Rent
$930,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-floor configuration supports occupancy by separate office users.
Where is this office building located?
The property is located at 115 New St Westfield, NJ.
What are key features of this property?
This property features: Two‑story office building with 1,595 square feet on each floor; Renovations include new electric, plumbing, hardwood floors, carpeting, and exterior siding; Configuration can accommodate two tenants, one on each floor
More about this property
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