314 South Ave

Westfield Town, NJ 07090


 

Price: $750,000

GSMLS:  4012195
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1920
Acres: 0.17
Property Tax: $8,582
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
60X125
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
6
Unit 1
Bedrooms:
2
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Den, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan, Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
Mckinley
Middle:
Edison
High School:
Westfield
Community Information
County:
Union
Town:
Westfield Town
Neighborhood:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$8,582
Land Assessment:
$228,800
Build. Assessment:
$152,300
Total Assessment:
$381,100
Tax Rate:
2.25
Tax Year:
2024
Listing Information
MLS ID:
4012195
List Date:
03-02-2026
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Jiali Diane Chen
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MountainClubNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox