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Property profile

219 E Broad St Westfield, NJ 07090

FOR LEASE
Commercial real estate
View Listing
Property ID
US59-1928425
9,584 SF 0.18 ac lot Built 1896
Last sale Aug 2026 · $5,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,500 square foot commercial space is located on the second floor of a prominent building on East Broad Street in Westfield, New Jersey. The spacious open floor plan offers flexibility for various business needs, from traditional office to creative studio uses. A private outdoor patio, perfect for client meetings or employee breaks, is conveniently located next to a kitchenette. Elevator access ensures easy accessibility for all. The property benefits from a prime downtown…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$95k
Tax billed · 2022
Assessed value · 2023$4.20M
Assessed land$2.50M
Assessed improvement$1.71M
Effective rate2.26%

Value estimate

· Oct 2026
$2.16M
$1.94M – $2.38M
CAP approach$1.95M
Submarket $/SF estimate$1.90M

Realmo valuation models over county records and 5 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 comparables5

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.0
Auto Parts Store9.6
Hotel & Motel9.5

Location

219 E Broad St Westfield, NJ 07090
County assessor Recorded deeds · 3 transfers 5 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
1 Elm, Westfield, NJ 07090-2194 $5,000,000 Jul 2025 9,078 SF
41 Elm, Westfield, NJ 07090-5122 $2,700,000 May 2025 5,592 SF
118 Elm, Westfield, NJ 07090-3126 $900,000 Dec 2024 14,895 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
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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