Listing Details

314 South Ave E,Westfield Town, NJ 07090-1459

  • March 4, 2026

Description

Strong income-producing opportunity in desirable Westfield Township with flexible GB-3 zoning. This two-family property offers 6 bedrooms & 3 full baths with fully separate utilities for each unit, creating multiple income or mixed-use scenarios. The first-floor unit features 2 bedrooms & 2 full baths, an updated eat-in kitchen & spacious living room, partial occupancy currently generates $780/month, with prior full-unit rental history exceeding $2,500/month, offering clear upside potential. The upper unit spans the 2nd & 3rd floors and includes an eat-in kitchen, large living room & 2 bedrooms on the 2nd floor, plus 2 additional oversized bedrooms on the 3rd floor with attic access, currently rented at $2,700/month with a long-term tenant in place. Additional value features include a full unfinished basement, deep backyard, and GB-3 zoning allowing residential, mixed-use, or commercial applications. Convenient walk to NJ Transit train & bus and downtown Westfield amenities. A rare opportunity combining steady income, future flexibility & prime location.

Details

Last Updated On: March 4th, 2026 at 4:28 am
Property ID:PT-30535541-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 750,000 $
Bedrooms:6
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 60X125
Lot Identifier: 3
Lot Description: Level Lot
Lot Identifier: 3

Home Details

Open Parking: 6
Basement: Yes
Basmnt/Desc: Yes - Full
Acreage: 0.17
Total Baths: 3.00
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 11
Easement/Desc: Unknown
Exterior Description: Aluminum Siding
Roof Description: Asphalt Shingle
Possesion: At Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 2.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Den, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Storage
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas
Unit 2 Levels: 2
Unit 2 Rooms: 6
Unit 2 Beds: 4
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 Rent: 2700
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Unit 2 Security Deposit: 2700
Color of Building: Red
Block Identifier: 4003
County Number: 29
Town Number: 2920
YB/Desc: 1920 - Approximate
Color of Building: Red
Easement: Unknown
Parking/Driveway Description: 2 Car Width
Block Identifier: 4003
County Number: 29
Town Number: 2920
Possession: At Closing

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater
Cool System: Ceiling Fan, Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Schools

Grade School: Mckinley
Middle School: Edison
High School: Westfield

Taxes, Fees & Assessments

Tax ID For Property: 2920-04003-0000-00003-0000-
Tax Amount: $8,582.00
Tax Year: 2024
Tax Rate: 2.252%
Tax Rate Year: 2025
Land Assessment: $228,800.00
Building Assessment: $152,300.00
Total Assessment: $381,100.00
FHA Age Restricted: No

Other

Zoning: GB-3

Features

  • Carbon Monoxide Detector
  • Curbs
  • Sidewalk
  • Smoke Detector

Statistics

Schedule a Tour

Similar Listings

28 Garibaldi Ave,Newark City, NJ 07114-2110

1,100,000 $

Garibaldi Ave, Newark City, Essex

Beds 8

623 38Th St,Union City, NJ 07087-2518

1,050,000 $

38Th St, Union City, Hudson

Beds 4

2455 3Rd St,Fort Lee Boro, NJ 07024-4068

1,299,000 $

3Rd St, Fort Lee Boro, Bergen

Beds 6

52 Park Ave,Flemington Boro, NJ 08822-1323

678,888 $

Park Ave, Flemington Boro, Hunterdon

Beds 7

465 Norwood St,East Orange City, NJ 07018-1070

665,000 $

Norwood St, East Orange City, Essex

Beds 6

6011 Van Buren Pl,West New York Town, NJ 07093-1030

799,000 $

Van Buren Pl, West New York Town, Hudson

Beds 8

Write a Review

750,000 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.