Date
Details
Price
Change
Source
3/04/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$750,000 Just Listed
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1/19
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.
Full Property Details
Full Property Details for 314 South Avenue E #2
General
- Price: $750,000
- Taxes: $8,582 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4012195
- Updated: Today (3/4/2026)
- Added to Site: Today
Interior
- Number of Rooms: 11
- Interior Features: Carbon Monoxide Detector, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Curbs, Sidewalk
- Color: Red
Location
- County: Union
- Driving Directions: GPS.
School Information
- Elementary School: Mckinley
- Middle School: Edison
- High School: Westfield
Heating & Cooling
- Cooling Type: Ceiling Fan, Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: Bedrooms, Den, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Storage
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 60 x 125
- Driveway/Sidewalk: 2 Car Width
- Zoning: GB-3
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $152,300
- Land Assmt: $228,800
- Tax Amount: $8,582
- Tax Year: 2024
Disclosures and Reports
- Block: 4003
- Lot Number: 3
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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— 314 South Avenue E #2 —
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 314 South Avenue E #2
School District:Scotch Plains-Fanwood Regional School District
| Name | Grades | Distance |
|---|---|---|
William J. McGinn Elementary School 1100 Roosevelt Avenue, Scotch Plains, NJ 07076 | PK-4 | 2 mi |
Terrill Middle School 1301 Terrill Road, Scotch Plains, NJ 07076 | 5-8 | 2.5 mi |
Scotch Plains Fanwood High School 667 Westfield Road, Scotch Plains, NJ 07076 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 South Avenue E #2
Tax History
Tax History for 314 South Avenue E #2
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,582
4%
$381,100
—
2022
$8,232
—
$381,100
—
2022
$8,228
—
$381,100
—
2021
$8,243
21%
$381,100
420%
2018
$6,815
1%
$73,300
—
2017
$6,777
-19%
$73,300
-20%
2016
$8,316
1%
$92,100
-76%
2019
$8,194
1%
$381,100
314%
2015
$8,150
8%
$92,100
—
2013
$7,537
—
$92,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 South Avenue E #2
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Sold by Maria Boyes
314 South Ave E #2, Westfield, NJ 07090 (MLS# 4012195) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 314 South Ave E #2 is currently listed for $750,000 and was received on March 04, 2026. This property is listed by Jiali Diane "Diane" Chen from our Westfield Office.Want to learn more about 314 South Ave E #2? Do you have questions about finding other Multi-Family real estate for sale in Westfield? You can browse all Westfield real estate or contact a Coldwell Banker agent to request more information.