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Storefront Property Near Train Station
For Lease
$4,500/Mo

241 North Ave W, Westfield, NJ 07090

BUS-zoned storefront with electric and natural gas service.

Space SizeContact for details
Property Size23,100 SF
Days on Market75

Property Features for 241 North Ave W

General Information

Standard status Active
Size 23,100 SF
Zoning BUS

Taxes and HOA fees

Annual Taxes $30,000

Amenities

Electric, Natural Gas
On Street

Building Details

Building Size 23,100 SF
Year Built 1900
Listing Agency: Realmart Realty LLC
Listed By: Qizhan Yao · License #0902217
Source: Evrealestate
Added: Aug 3 Changed: Oct 15 Last Checked: Oct 16 at 8:09AM

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 Realmart Realty LLC

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Investment Insights

Based on property information with market context.

This storefront property dates to 1900 and includes electric and natural gas service. The property also offers on-street parking.

The building is positioned as the second property from the northside train station, with additional parking available at the station or in a lot across the street. BUS zoning applies to the property.

Key Highlights

  • BUS zoning
  • Second building from the northside train station
  • Electric and natural gas service

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Hotel & Motel (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience Store Food Market

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,705
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 88% Shops & Services 12%
Stop & Shop Groceries
22,563 visits/mo 0.4 miles
Mavis Discount Tire Shops & Services
3,001 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Westfield Flowers & Gifts — 1020 South Ave W, Westfield, NJ 07090
  • Westfield Florist — 722 s ave w, westfield, nj 07090
  • Green Room — 605 South Ave W, Westfield, NJ 07090
  • McEwen Flowers — 516 westfield ave, westfield, nj 07090

Frequently Asked Questions

What type of property is this?
Storefront property - BUS-zoned storefront with electric and natural gas service.
Where is this storefront property located?
The property is located at 241 North Ave W Westfield, NJ.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: BUS zoning; Second building from the northside train station; Electric and natural gas service
More about this property
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