Mixed-Use

Westfield, NJ Mixed-use Properties for Sale

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Westfield Mixed-Use Investment Opportunity
Updated: Apr 2
Westfield Mixed-Use Investment Opportunity

1030 South Ave, Westfield, NJ 07090

$1,999,000
9,122 sqft
High Income Potential: Projected Net Operating Income (NOI) of $186,661 annually, resulting in a 7.47% Cap Rate.
Prime Westfield Location: Mixed‑use building in a desirable area, walking distance to schools, NJ Transit, and shops.
Strong Rental Income: Combination of commercial and residential tenants with significant upside as all leases are up for renewal except one.
Premium Features: Includes hardwood floors, modern open floor plans, gym, central AC, in‑unit laundry, handicap accessibility, elevator, and dedicated parking.
Convenient Transportation: Bus to NYC stops in front of building; easy access to Garden State Parkway and Newark Airport.
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Mixed-Use Property
Updated: Aug 12
Mixed-Use Property

16 Prospect Street, Westfield, NJ 07090

Contact for pricing
4,700 sqft
4,700 square feet of mixed‑use property
16 Prospect Street, Westfield, NJ 07090
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Westfield, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Level Mixed-Use Property
Two-Level Mixed-Use Property

441443 441-443 E Westfield Ave, Roselle Park, NJ 07204

$999,999
5,272 sqft

Versatile commercial building with office configuration, on-site parking, and potential for residential units.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

2504 Plainfield Ave, Scotch Plains, NJ 07076

$1,875,000
4,032 sqft

Versatile commercial property with office, warehouse, and yard space.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

2376 Mountain Ave, Scotch Plains, NJ 07076

$1,095,000
5,000 sqft

Includes two three-bedroom apartments, basement storage, and attic space.

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Mixed-Use Building in Roselle Park
Mixed-Use Building in Roselle Park

511 W Westfield Ave, Roselle Park, NJ 07204

$699,000
0.04 AC lot

Spacious mixed-use building with storefront and residential apartment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Development Potential
Commercial Land with Development Potential

1594 Maple Ave, Hillside, NJ 07205

$599,900

Land with frontage in RC Zone, development possibilities.

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Commercial Land with Development Plans
Commercial Land with Development Plans

510 SO Orange Ave, Newark, NJ 07103

$295,000
0.06 AC lot

Plans envision a mixed-use building, with public sewer identified for the site.

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Development Opportunity in University Heights
Development Opportunity in University Heights

295 Morris Ave, Newark, NJ 07103

$1,600,000

Approved for 27 units and 5,500 SF commercial space.

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Two Adjacent Development Land Parcels
Two Adjacent Development Land Parcels

20-22 Washington Ave, Belleville, NJ 07109

$850,000
0.12 AC lot

Two adjacent Belleville Township parcels offer a larger building footprint for ground-up development concepts.

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Westfield, NJ Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Westfield, NJ on our real estate platform. These investment opportunities span a total of 13,822 square feet of properties for sale, with an estimated market value of $1,999,000.

Sale prices for multi use buildings in Westfield, NJ average $1,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 31K
Population Growth (5Y) +2.3%
Median Household Income $212,700
College Educated 56.9%

High-Yield Neighborhoods for Investment

Identify Westfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07090 $1.2M

Taxes & Financing

Tax Rate (average for all types) 2.24%
Property Tax per SF $7.71 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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