211 Westfield AveClark, NJ 07066

  • Other commercial real estate
  • 5,234 SF
For Sale
$2,500,000 View listing

Property Details for 211 Westfield Ave

Year built
1889
Construction
FRAME
Lot size
0.69 AC
Property size (Sq ft)
5,234 SF
Zone code
CO
Property type
Other commercial real estate
APN
02 00077-0000-00010
APU
200077000000010

Description

This exceptional 34,403-square-foot commercial land parcel is ideally situated at 211 Westfield Avenue in Clark, New Jersey, zip code 07066. Zoned DTV-Downtown Village, this property presents a rare opportunity for significant development. Its prime location offers unparalleled visibility and accessibility, boasting direct adjacency to established businesses such as CVS, Dunkin' Donuts, and Quick Check. The site benefits from its central position within a corridor experiencing substantial growth, with numerous development projects currently underway. The property's size and zoning allow for a variety of potential uses, subject to local approvals. While a 25-unit as-of-right development is possible, note that an existing funeral home is located on the property and should not be contacted directly. All inquiries must be made through the official channels. This exceptional location and substantial lot size make this a truly unique investment opportunity in a thriving New Jersey market. The property is located in Union County and offers excellent access to major transportation routes. This is a chance to acquire a significant piece of land in a rapidly developing area with high potential for return. The asking price for this remarkable property is $2,500,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $990,478
    Hospitality
    $907,272
    Educational
    $754,840
    Medical
    $780,800
    Retail
    $1,174,195
211 Westfield Ave, Clark, New Jersey
Leaflet | © OpenStreetMap contributors

Location Insight

City
Clark
County
Union
State
New Jersey
Latitude
40.6216
Longitude
-74.3036
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$28,208
$363,500
$968,300
$1,331,800
-
$363,500
$968,300
$1,331,800

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