Multi-Tenant Retail
New
For Sale
$4,500,000
321 South Avenue, Westfield, NJ 07090
Commercial Sale, Westfield, NJ
Property Size7,533 SF
Lot Size0.42 Acres
Price / SF$597.37
Days on Market2
Property Features for 321 South Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial G
Parking
22
Parking features
Parking Lot
Lot features
Corner Lot
Directions
cross road of S Ave West and Summit Ave
Standard status
Active
APN
2003004000000001
Size
7,533 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
44980
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1915
Floors in Building
1
Building materials
Block, Brick
Roof type
Flat
Listing Agency:
KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
(732) 549-1998
Listed By:
Kiran Mali
(463) 250-3928
Added: Oct 18
Last Checked: Oct 19 at 4:06AM
MLS# 2706498R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,533-square-foot retail building at 321 South Avenue has four current tenants and two vacant units. Built in 1915, the property has block and brick construction, a flat roof, and a shared parking lot with approximately 21 spaces. Public water and sewer serve the site.
The building 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. The property is zoned Commercial G; future use remains subject to Town approvals.
The building 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. The property is zoned Commercial G; future use remains subject to Town approvals.
Key Highlights
- 7,533‑square‑foot retail building on a 0.422‑acre lot
- Four current tenants and two vacant units
- Approximately 21 shared on‑site parking spaces
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 - Downtown storefront space includes occupied and vacant units with shared on-site parking.
Where is this storefront property located?
The property is located at 321 South Avenue 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: 7,533‑square‑foot retail building on a 0.422‑acre lot; Four current tenants and two vacant units; Approximately 21 shared on‑site parking spaces
