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    Westfield, NJ
    Strip Mall

    Westfield, NJ Strip Malls for Sale

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    Two-Unit Retail Space
    Updated: Jun 18
    Two-Unit Retail Space

    321 South Ave W, Westfield, NJ 07090

    $299,000
    7,453 sqft
    Two contiguous retail units measuring 730 SF and 382 SF
    Located directly across from the Westfield NJ Transit Station
    L‑shaped commercial plaza with ample on‑site parking
    Unit 1 includes a private entrance and its own restroom
    Unit 2 offers private access and parking‑lot frontage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Westfield, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shopping Center with Separate Utilities
    Shopping Center with Separate Utilities

    429 Ryders Lane, East Brunswick, NJ 08816

    $1,499,900
    3,186 sqft 0.33 AC lot

    Multi-tenant retail property with individual utility service, open parking, and public water and sewer.

    View details
    Shopping Center with Separate Utilities
    Shopping Center with Separate Utilities

    429 Ryders Ln, East Brunswick, NJ 08816

    $1,499,900
    3,186 sqft

    Two occupied units have separate utility service, with Vinnies Pizza and Bond Cleaners operating in the center.

    View details
    6-Unit Strip Mall
    6-Unit Strip Mall

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Multi-tenant retail center with NNN leases, public utilities, and varied storefront improvements.

    View details
    Retail Strip Mall For Sale
    Retail Strip Mall For Sale

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six-store retail strip mall with triple net leases.

    View details

    Westfield, NJ Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Westfield, NJ on our real estate platform. These investment opportunities span a total of 7,453 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for retail strips in Westfield, NJ average $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 11
    Shopping centers 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +2.3%
    Median Household Income $212,700
    College Educated 56.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.24%
    Property Tax per SF $7.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

    Total CRE Inventory on Market (SF)

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