501 South Ave W | Westfield, NJ 07090
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501 South Ave W
Westfield, NJ 07090
501 South · Multifamily Property For Sale
·
30 Units
PROPERTY FACTS
| No. Units | 30 | Building Size | 60,000 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built | 2021 |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Lot Size | 1.09 AC | ||
| Zoning | Commercial - Retail/Restaurant Use | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.09 AC |
| Building Size | 60,000 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 1/1,000 SF |
| Zoning | Commercial - Retail/Restaurant Use |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Business Center
- Controlled Access
- Fitness Center
- Storage Space
- Bicycle Storage
- Car Charging Station
- Elevator
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 14 | - | 1,899 |
| 2+2 | 13 | - | 1,358 |
| 2+2.5 | 2 | - | 1,892 |
| 1+1 | 1 | - | 779 |
PROPERTY TAXES
| Parcel Number | 20-03002-0000-00005 | Improvements Assessment | $11,850,000 |
| Land Assessment | $2,150,000 | Total Assessment | $14,000,000 |
PROPERTY TAXES
Parcel Number
20-03002-0000-00005
Land Assessment
$2,150,000
Improvements Assessment
$11,850,000
Total Assessment
$14,000,000
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