Multi-Tenant Storefront
New
For Sale
$4,500,000
321 South Ave 1, Westfield, NJ 07090
Four occupied units and two vacancies create a mix of established tenancy and available retail space.
Property SizeContact for details
Days on Market3
Property Features for 321 South Ave 1
General Information
Standard status
Active
Total Parking Spaces
21
Property subtype
Commercial Listing
Zoning
Commercial G
Building Details
Year Built
1915
Buildings
1
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
COMPASS NEW JERSEY, LLC
Listed By:
Peter DeCicco
(973) 420-4401
Source:
Thedeciccogroup.idxbroker
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:35AM
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 COMPASS NEW JERSEY, LLC
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Investment Insights
Based on property information with market context.
This 1915 storefront property has six units, with four currently occupied and two vacant. Approximately 21 on-site parking spaces are shared among the building’s tenants.
The property is in downtown Westfield, near the Westfield NJ Transit station. A mixed-use project with ground-floor retail and apartments above is underway on a nearby lot along the same street. Future property use requires Town approvals.
The property is in downtown Westfield, near the Westfield NJ Transit station. A mixed-use project with ground-floor retail and apartments above is underway on a nearby lot along the same street. Future property use requires Town approvals.
Key Highlights
- Four occupied units and two vacant units
- Approximately 21 shared on‑site parking spaces
- Built in 1915
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,705
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
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 - Four occupied units and two vacancies create a mix of established tenancy and available retail space.
Where is this storefront property located?
The property is located at 321 South Ave 1 Westfield, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Four occupied units and two vacant units; Approximately 21 shared on‑site parking spaces; Built in 1915
