Home for Sale at 1030 South Ave in Westfield Town, NJ for $2,200,000

1030 South Ave | Westfield Town

$2,200,000 | 7 Beds | 9 Baths (4 Full, 5 Half) | 9,122 Sq. Ft.

Mixed-use Gem! Exceptional opportunity to live in either the Penthouse apartment, or one of the 2nd floor apartments, while enjoying rental income from 2 apartments and 2 ground-floor commercial units! This well-maintained mixed-use building in prime Westfield location offers strong income potential with both residential and commercial tenants. All leases are up for renewal except one commercial unit which lease ends Feb 2028. The building features two commercial units, two residential units with each 2 bedrm. 1.1 bathr., balcony and in-unit washer & dryer, and a 3-bedroom Penthouse apartment with 2 full bathr. open floorplan, gas fireplace, screened in balcony/porch, grand primary suite and in-unit washer & dryer. Units include premium features such as hardwood floors, modern open floor plans, Gym in basement, Central AC, Laundry in-unit, handicap accessibility, elevator, dedicated parking. Bus to NYC stops in front of building. Walking distance to schools, NJ Transit & shops. Close to Westfield downtown and the downtown areas of Fanwood and Scotch Plains. Please note that indicated taxes for land assesment and total assesmenton in this listing are for the 3rd floor Penthouse apartment only. This is an "As is" sale, with no known defects. GSMLS 4018240

Directions to property: Crossway place to South Ave West, across from Palsted Ave.

MLS Listing ID: 
GSMLS 4018240
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,200,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Detached
Primary Market Area: 
Westfield Town
Address: 
1030 South Ave, Westfield Town, NJ 07090-1489, U.S.A.
County: 
Union
Latitude: 
40.6470431
Longitude: 
-74.3614808
Directions: 
Crossway place to South Ave West, across from Palsted Ave.
Public Remarks: 
Mixed-use Gem! Exceptional opportunity to live in either the Penthouse apartment, or one of the 2nd floor apartments, while enjoying rental income from 2 apartments and 2 ground-floor commercial units! This well-maintained mixed-use building in prime Westfield location offers strong income potential with both residential and commercial tenants. All leases are up for renewal except one commercial unit which lease ends Feb 2028. The building features two commercial units, two residential units with each 2 bedrm. 1.1 bathr., balcony and in-unit washer & dryer, and a 3-bedroom Penthouse apartment with 2 full bathr. open floorplan, gas fireplace, screened in balcony/porch, grand primary suite and in-unit washer & dryer. Units include premium features such as hardwood floors, modern open floor plans, Gym in basement, Central AC, Laundry in-unit, handicap accessibility, elevator, dedicated parking. Bus to NYC stops in front of building. Walking distance to schools, NJ Transit & shops. Close to Westfield downtown and the downtown areas of Fanwood and Scotch Plains. Please note that indicated taxes for land assesment and total assesmenton in this listing are for the 3rd floor Penthouse apartment only. This is an "As is" sale, with no known defects.
Community Information
Subdivision: 
Olympus Court LLC
Association Fee: 
$0
Building Details
Details about the building on a property.
Architectural Style: 
Multi Floor Unit
Year Built: 
2002
New Construction: 
0
Living Area: 
9,122
Basement: 
Finished, Finished-Partially
Fireplaces: 
Yes
Construction
Roof: 
Asphalt Shingle
Exterior: 
Vinyl Siding
Exterior Features: 
Curbs, Sidewalk, Storage Shed, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
Energy Information: 
All Underground, Electric, Gas-Natural
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
26
Total Bedrooms: 
7
Total Bathrooms: 
9
Total Full-Bathrooms: 
4
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard - Electric, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.23
Lot Size (Dimensions): 
50X200
Waterfront: 
0
Lot Features
Driveway: 
Assigned, Blacktop, Parking Lot-Exclusive
Parking Type: 
Assigned, Blacktop, Parking Lot-Exclusive
Total Parking Spaces: 
10
Pool: 
No
Fence: 
No
Public Record
Parcel Number: 
2920-02606-0000-00008-0000-C0005
Lot Number: 
8
Annual Tax: 
$11,088.00
Property Zoning: 
GB-3
Contract Details
Details about the listing contract.
Possession: 
pos
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
ELITE REALTORS OF NEW JERSEY

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