520 Westfield Ave | Elizabeth, NJ 07208
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- LoopNet Team
520 Westfield Ave
Elizabeth, NJ 07208
Elmora Professional Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Desirable “Elmora Section”
- Medical and Legal Professionals
- Major capital improvements
PROPERTY FACTS
Property Type
Office
Building Size
19,300 SF
Building Class
C
Year Built
1961
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,433 SF
Slab To Slab
12’
Building FAR
0.81
Lot Size
0.55 AC
Zoning
N/Av
Parking
110 Spaces (5.7 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Central Heating
- Air Conditioning
ABOUT 520 WESTFIELD AVE , ELIZABETH, NJ 07208
The property is a three-story brick elevator building containing 19 suites in 18,735± SF. Front and rear entrances. Stairs and ramp on Westfield Avenue entry. Also stairs from parking lot entry. Long-term medical and legal professionals. Every suite has its own bathroom. All tenants have gross leases. Owner provides electricity.Mostly medical and legal professionals; 19 tenants; 10 of the 19 have been in the building for 15 years or more.
PROPERTY TAXES
| Parcel Number | 04-00163-0000-00006 | Improvements Assessment | $2,305,400 |
| Land Assessment | $1,904,000 | Total Assessment | $4,209,400 |
PROPERTY TAXES
Parcel Number
04-00163-0000-00006
Land Assessment
$1,904,000
Improvements Assessment
$2,305,400
Total Assessment
$4,209,400
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