Financial
Distress signals
Property profile

118 Elm St 128 Westfield, NJ 07090

OFF-MARKET
Commercial real estate
Property ID
US59-0931312
14,895 SF 0.24 ac lot Built 1930
Last sale Dec 2024 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$58k
Tax billed · 2022
Assessed value · 2023$2.55M
Assessed land$1.74M
Assessed improvement$809k
Effective rate2.26%

Value estimate

· Sep 2026
$900k
$810k – $990k
AI approach$900k
Sales comparison$1.23M

Realmo valuation models over county records and 38 qualifying comparable sales.

Recently sold

What actually traded nearby?
$331/SF
ZIP average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$231 – $435
Qualifying comparables38

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.5
Smoke and Vape Shop10.0
Hotel & Motel9.5

Location

118 Elm St, Unit 128 Westfield, NJ 07090-3126
County assessor Recorded deeds · 6 transfers 38 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
225 Grv, Westfield, NJ 07090-1656 $706,000 Jul 2025 32,672 SF
1 Elm, Westfield, NJ 07090-2194 $5,000,000 Jul 2025 9,078 SF
127 Central, Westfield, NJ 07090-2149 $3,250,000 Mar 2024 5,890 SF
600 Nn W, Westfield, NJ 07090-1432 $1,850,000 Feb 2024 5,797 SF
207 Broad, Westfield, NJ 07090-2119 $4,700,000 Feb 2024 10,622 SF
628 Nn E, Westfield, NJ 07090-1400 $2,700,000 Nov 2023 17,062 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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