339 South Avenue W, Westfield, NJ 07090
- Added:
- Jun 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 12:06 pm
Property Features for 339 South Avenue W
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 2003004000000001
- Size
- 1,000 SF
Utilities
- Water source
- Public
Listing agent Kiran Mali (732) 549-1998
Listing office KELLER WILLIAMS ELITE REALTORS 481 MEMORIAL PARKWAY, Metuchen, NJ (732) 549-1998
Listing date Jun 18, 2026
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.
HighLights
- Running restaurant business available for takeover at a busy corner intersection opposite the Westfield Train Station
- Approx. 1,000 sq ft with seating, counter, and kitchen area plus about a 750 sq ft basement for storage and a vegetable cooler
- Dining capacity of about 40 inside seats plus about 10 outside seats
- High‑visibility glass facade and corner building with a restaurant layout focused on breakfast/lunch service
- Meticulously maintained kitchen and equipment, with staff in place and seller training available during handover
- Public water source (public) with ample parking and close public transport proximity
Overview
The building is positioned as a high-visibility corner property with a glass facade on a busy intersection opposite the Westfield Train Station. Ample parking is available, and proximity to public transportation supports convenient access for both customers and employees.
For operators seeking a restaurant with established service flow and existing infrastructure, this concept is built around counter and seating for breakfast and lunch, with about 40 inside seats and about 10 outside. The combination of a maintained kitchen, ready-to-run layout, and documented ability to train through transition makes it well suited for an experienced operator or a hospitality team looking to step into an operating restaurant.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $21.60 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $20.4k | $20.39 |
| − OpEx | −$5.1k | −$5.10 |
| NOI | $15.3k | $15.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bagel Chateau — 223 South Avenue E, Westfield, NJ 07090
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Union
- State
- New Jersey
- Longitude
- -74.3802849
- Latitude
- 40.6425368
