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Property profile

940 Ss W Ave Westfield, NJ 07090

OFF-MARKET
Other commercial real estate
Property ID
US59-1593689
4,480 SF 0.23 ac lot Built 1987
Last sale Apr 1998 · $450,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Office Unit D is located on the second floor of an office building constructed in 1987. The suite comprises a large open work area, two private conference rooms, a private restroom, and dedicated storage; the conference rooms can be used as individual offices or as shared office space. Interior finishes include tile, laminate, and carpet, and the unit is served by central air with a fire alarm system. The property is situated at 940 W South Ave in Westfield, within the Central Business…

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?
$20k
Tax billed · 2022
Assessed value · 2023$903k
Assessed land$392k
Assessed improvement$511k
Effective rate2.16%

Value estimate

· Oct 2026
$720k
$648k – $792k
CAP approach$910k
Submarket $/SF estimate$438k

Realmo valuation models over county records and 24 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 comparables24

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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.2
Catering Service9.2
Watch Repair Shop8.9

Location

940 Ss W Ave Westfield, NJ 07090-1490
County assessor Recorded deeds · 2 transfers 24 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
407 Ss W, Westfield, NJ 07090-1586 $950,000 Dec 2025 3,794 SF
41 Elm, Westfield, NJ 07090-5122 $2,700,000 May 2025 5,592 SF
808 Ss W, Westfield, NJ 07090-1475 $885,000 Dec 2024 5,400 SF
206 Broad, Westfield, NJ 07090-2120 $1,635,000 Sep 2024 3,717 SF
110 Central, Westfield, NJ 07090-2150 $2,025,000 Jun 2024 3,825 SF
600 Nn W, Westfield, NJ 07090-1432 $1,850,000 Feb 2024 5,797 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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