Closed$875,000
TLC ≈ $5,097/mo
3 2 1,728 sqft
1201 Rahway Avenue, Westfield, NJ 07090
321 South Avenue, Westfield, NJ 07090
$4,500,000
0 beds 0 baths 7,533 sqft Built 19150 days on marketActive
About this home
Multi-tenant retail/commercial building at 321-339 South Avenue West, Westfield. 4 current tenants, 2 vacant units, and approx. 21 on-site parking spaces shared among the building's tenants. CBD zoning per the Town zoning map. Located in the downtown area near the Westfield NJ Transit station. A mixed-use redevelopment (ground-floor retail with apartments above) is underway on a nearby lot on the same street. Any future use of this property is subject to Town approvals, and buyer to investigate. Income and expenses are owner-reported and have not been verified by the listing agent. Due diligence documents available after an accepted LOI and proof of funds. Buyer to verify all information, including zoning, square footage, and parking.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
Your estimated payment
$29,034/mo
- Real estate (PITI + HOA + PMI)
- $30,169
- Utilities
- $648
- Transportation
- $125
- Other (entertainment)
- $158
Principal + interest$20,410
Property tax + insurance$8,071
PMI / 2nd mortgage$1,688
Heating + cooling$162
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$125
Budget$29,534/mo
Remaining after TLC$500/mo
Purchase price
$4,500,000
Down payment
$225,000 (5%)
Loan amount
$4,275,000
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
1915
Lot size
0.422 ac
Stories
1
Heating
See Remarks
Cooling
See Remarks
Water
Public
HOA
—
Annual tax
$44,980
MLS #
2706498R
County
Union
Home features
Parking
Parking LotOn Site
Flooring
See Remarks
Roof
Flat
Sewer
Public Sewer
Lot features
Corner Lot
Neighborhood — 07090
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 29,471 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 3.00% | 14.00% | 20.00% |
| Population Density | 4,365 | 1,137 | — |
| Male | 14,358 | 4,307,827 | 147,432,321 |
| Female | 15,113 | 4,525,010 | 151,655,844 |
| Never Married | 4,928 | 1,965,811 | 63,775,926 |
| Married | 14,644 | 3,647,435 | 123,120,365 |
| Separated | 355 | 391,239 | 12,639,686 |
| Widowed | 1,468 | 515,172 | 15,467,586 |
| Divorced | 1,138 | 529,393 | 23,075,029 |
| Number Of House Hold | 10,741 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.74 | 2.73 | 2.60 |
| Medial Age | 38.48 | 37.15 | 35.46 |
| Median House Hold Income | $106,652 | $63,392 | $48,276 |
| Average House Hold Income | $143,959 | $83,312 | $63,629 |
| P C I | $53,033 | $30,662 | $24,529 |
| M D I | $81,369 | $52,505 | $41,133 |
| A T H E | $91,937 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 84.42% | 81.02% | 77.74% |
(Zip) Code
7090
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 10/18/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.