$750,000

314 South Ave E 2, Westfield Town, NJ 07090

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Pending
Date Added:
March 4, 2026
Data Last Updated:
April 4, 2026 at 6:42PM
Listing Office:
COLDWELL BANKER REALTY : 908-233-5555
MLS ID:
4012195
  • General: Carbon Monoxide DetectorSmoke Detector
  • Basement: Full
  • A/C: Ceiling FanWindow A/C(s)
  • Heating: 2 UnitsBaseboard - HotwaterGas-Natural
  • General: Aluminum SidingCurbsSidewalk
  • Parking: Parking spaces: 6
  • Roofing: Asphalt Shingle
  • County: Union
  • Driveway: 2 Car Width
  • Zoning: GB-32920-04003-0000-00003-0000-
  • Utilities: ElectricGas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of COLDWELL BANKER REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McKinley Elementary School

500 1st St, Westfield, NJ, 07090

Grades 1-5

0.90 miles away

T

Thomas Edison Intermediate School

800 Rahway Ave, Westfield, NJ, 07090

Grades 6-8

0.82 miles away

W

Westfield High School

550 Dorian Rd, Westfield, NJ, 07090

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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