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Spacious Office Near NYC Transportation
For Lease
$1,800/Mo

940 W SOUTH AVE, Westfield, NJ 07090

Office space with open area, conference rooms, and private restroom.

Space SizeContact for details
Days on Market166

Property Features for 940 W SOUTH AVE

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,416

Amenities

Central air
Asphalt Shingle Roof
4+ Units Heating
Blacktop Driveway
Central Air Cooling
Common Driveway
Forced Hot Air Heating

Building Details

Year Built 1987
Listing Agency: WEICHERT REALTORS
Listed By: DON VILLANE
Source: Corcoran
Added: Mar 16 Changed: Aug 27 Last Checked: Aug 28 at 11:48AM

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 WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This office space is located on the second floor of an office building and offers convenient access to NYC transportation. The layout includes a large open area, two private conference rooms that can also be used as individual offices or a shared office space. Additionally, the space features a private restroom and private storage. The owner is willing to make modifications to accommodate business needs. The property is situated in a high visibility area, near the train station and the center of Westfield Town, which features a variety of businesses and restaurants.

Key Highlights

  • High visibility location
  • Convenient location near NYC transportation, Westfield Town center, train station, businesses, and restaurants
  • Large, open office space adaptable for various uses (conference rooms, individual offices, shared office)

Property Analytics

Current Use

Team Law Law Firm Westfield Hearing Aid ... Physician Dr. Lloyd A. Marks, ... Pediatrician Network Subpoena Service- ... Law Firm Ace Handyman Services ... Hardware & Home Improvement

Suggested Use

Top Pick Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Cosmetic Store Auto Parts Store Pet Grooming Service

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

929
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

Lease Benchmarks for Westfield, NJ

$26 /SF/Yr
Avg Asking Price
$7–$42 /SF/Yr
Price Range
2,897 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space with open area, conference rooms, and private restroom.
Where is this office units located?
The property is located at 940 W SOUTH AVE Westfield, NJ.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: High visibility location; Convenient location near NYC transportation, Westfield Town center, train station, businesses, and restaurants; Large, open office space adaptable for various uses (conference rooms, individual offices, shared office)
More about this property
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