232 Saint Paul St, Westfield, NJ 07090
- Commercial real estate
- 3,115 SF
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 232 Saint Paul St
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 0.17 lot acres
- Property type
- Commercial real estate
- APN
- 20 03113-0000-00010
- APU
- 2003113000000010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 31, 2023 | $725,000 | Valuca Realty LLC | Anijoe Realty Corporation INC | Deed | $544k · Provident Bank |
| Oct 27, 1998 | $295,000 | Anijoe Realty Corp | Flynn,james B | Grant Deed | $195k · Town Bank Westfield |
| — | — | James B Flynn | — | Deed Of Trust · related | $374k · Broad National Bank |
Description
This exceptional office space, located at 232 Saint Paul Street, Unit 201, in Westfield, NJ, offers a fantastic opportunity for businesses seeking a prime location. The property is situated on a 0.17-acre lot and features a completely renovated office building under new ownership. The entire second floor, approximately 1,000 square feet, is available for lease. Alternatively, the space can be subdivided into three individual offices, each available for separate lease. This provides flexibility for businesses of various sizes. The building benefits from its convenient location near downtown Westfield, providing easy access to a wide array of amenities. Ample parking is available for tenants, adding to the property's appeal. For added convenience, garage space is also available for an additional monthly fee of $300. This is a gross lease, meaning that the monthly rent of $1350 covers all expenses, simplifying budgeting and eliminating unexpected costs. This is a rare opportunity to secure a well-appointed, conveniently located office space in the thriving town of Westfield. Inquire today to learn more about this exceptional property.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $670,000
- ML approach
- $655,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $685,000
- 6.5%
- $635,000
- 7%
- $585,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Union
- State
- New Jersey
- Longitude
- -74.343
- Latitude
- 40.6516
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA