Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Auto Shop
  
  Drug Store
  
  Storefront
- Office
  
  Office Units
  
  Building
  
  Medical Premises
- Residential Income
  
  Multifamily
  
  Duplex
- Restaurants
  
  Conventional Restaurant
  
  Breakfast
- Mixed-Use
- Health Care
  
  Spa & Wellness
- Land
  
  Residential
  
  Commercial
- Specialty
  
  Day Care Centers
Rent
- For Lease
- Post a Listing
Space Uses
- Retail
- Office
- Medical Space
- Specialty
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Auto Shop
  - Drug Store
  - Storefront
- Office
  - Office Units
  - Building
  - Medical Premises
- Residential Income
  - Multifamily
  - Duplex
- Restaurants
  - Conventional Restaurant
  - Breakfast
- Mixed-Use
- Health Care
  - Spa & Wellness
- Land
  - Residential
  - Commercial
- Specialty
  - Day Care Centers
For Lease
- Retail
- Office
- Medical Space
- Specialty
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Westfield, NJ

Multifamily

Westfield, NJ Multifamily Properties for Sale

List

Map

Mountainside, NJ Garwood, NJ Cranford, NJ Scotch Plains, NJ Fanwood, NJ Springfield, NJ Clark, NJ Plainfield, NJ

6 properties

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.

This listing looks promising.

Here's a quick look at some key insights for

1030 South Ave, Westfield Town, NJ 07090

View Property Analytics

Est. Cap Rate

7%
Above avg (5.9%)
Est. NOI

$140K
Annual
Price @ 7% Cap

$2M
Above asking
Property Type

Condominium
Built 2002

View Property Analytics

Two-Family Duplex Home

Updated: Jul 10

Two-Family Duplex Home

615 Ripley Pl, Westfield, NJ 07090

$749,000

0.05 AC lot

Two‑family duplex with two apartments, each with two bedrooms
Each unit includes a living room, full bathroom, and kitchen
Unfinished third floor offers expansion potential for the second‑floor apartment, subject to township approvals
0.05‑acre lot
Public water and public sewer

Renovated Mixed-Use Property Near Train

Renovated Mixed-Use Property Near Train

348 South Ave East, Westfield, NJ 07090

$900,000

2,000 sqft 0.11 AC lot

Renovated mixed-use property with high-end salon and apartment near train.

Colonial Duplex with Detached Garage

Colonial Duplex with Detached Garage

236 Edgewood Ave, Westfield, NJ 07090

$1,550,000

Colonial two-family home with enclosed porches in both apartments, full basement, and a two-car detached garage.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Two-Family Residential Income Home

Two-Family Residential Income Home

615 Ripley Pl, Westfield, NJ 07090

$749,000

Well-maintained two-family home with two 2-bedroom units and a full unfinished third floor for potential expansion.

Two-Unit Residential Income Duplex

Two-Unit Residential Income Duplex

546 Carleton Rd, Westfield, NJ 07090

$1,095,000

0.17 AC lot

Two separate 3-bedroom residences on one lot, with updated windows, siding, and dedicated driveway access.

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Westfield, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

Four-Family Residential Income Property

Four-Family Residential Income Property

459 2nd Avenue, Garwood, NJ 07027

$1,115,000

900 sqft 0.18 AC lot

Four separately metered 2-bedroom units each include in-unit washer and dryer on an oversized lot.

Side-by-Side Duplex with Storage

Side-by-Side Duplex with Storage

455 2nd Ave, Garwood, NJ 07027

$899,900

0.15 AC lot

Side-by-side duplex built in 2003 featuring two 3-bedroom units with in-unit laundry and private unfinished basements.

Two-Family Residential Income Property

Two-Family Residential Income Property

109 Centennial Ave, Cranford, NJ 07016

$899,999

0.22 AC lot

Two-unit home with separate utilities, central air, and forced-hot-air heating, plus a fenced private yard and off-street parking.

Renovated Two-Unit Multifamily Home

Renovated Two-Unit Multifamily Home

187 North Ave, Cranford, NJ 07016

$1,125,000

Renovated two-unit home with two HVAC systems, tankless water heaters, and a detached two-car garage.

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.

Detached Two-Family Duplex

Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

Flatbush Development Property For Sale

Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

Land Near Camelback Resort

Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

Expansive Land Parcel in Holmes

Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

Off-Market Properties in Westfield, NJ

Consider similar Off-Market properties in Westfield, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

616-618 Stirling Pl, Unit 618

APARTMENT HOUSE (UNDER 5 UNITS)

616-618 Stirling Pl, Westfield, NJ 07090-1532

Unit 618

$755,000

Estimated value

4,321 sqft 0.22 AC lot

1527 Lamberts Ml Rd

APARTMENT HOUSE (UNDER 5 UNITS)

1527 Lamberts Ml Rd, Westfield, NJ 07090-4700

$1,510,000

Estimated value

9,504 sqft 0.89 AC lot

112 Cacciola Pl

Multifamily properties

112 Cacciola Pl, Westfield, NJ 07090

Value Estimation by Request

Westfield, NJ Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Westfield, NJ, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,122 square feet of properties for sale, with an estimated market value of $7,042,000.

Sale prices for multifamily properties in Westfield, NJ start at $749,000, averaging $1,173,666, and reaching up to $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.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$1M

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us