Westfield, NJ Commercial Real Estate Broker

Map: AcreX NJ multifamily pipeline filtered to Westfield, from the public AcreX sheet. See the full pipeline map.

Westfield market snapshot

Public statistics with sources and as-of dates. Pipeline figures are from the public AcreX sheet as of October 24, 2026.

Population and households

• Population: 30,760 (U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B01003). Source

• Households: 10,676, with a median household income of $212,700 (ACS 2019-2023, tables B11001 and B19013). Source

• Renter-occupied homes: 2,108 of 10,676 occupied units, or 19.7% (ACS 2019-2023, table B25003). Source

• Land area and density: 6.7 square miles, about 4,575 residents per square mile (Census Bureau 2023 Gazetteer and ACS population). Source

Property tax

• 2025 tax rates: general tax rate 2.292 per $100 of assessed value and effective tax rate 1.81% (NJ Division of Taxation, 2025 General Tax Rates). Source

• Average residential tax bill: $18,948 in 2025 (NJ Division of Taxation, 2025 Average Residential Statistics). Source

Access and regional context (Union County)

• Location: about 13.5 miles in a straight line from the AcreX office in Caldwell (Census Gazetteer internal point). Source

• Transit and highways: Union County is crossed by the New Jersey Turnpike (I-95), the Garden State Parkway, I-78, I-278 and routes 1/9, 22 and 24. NJ Transit serves it on the Northeast Corridor, North Jersey Coast Line, Raritan Valley Line, Morristown Line and Gladstone Branch, and the Port Newark-Elizabeth Marine Terminal is part of the Port Authority network. Source

• Labor market: the Union County unemployment rate was 5.0% in August 2026 (preliminary, not seasonally adjusted). Source

• Industrial market (Newmark 3Q 2026, submarkets in or overlapping Union County): Linden/Elizabeth 6.3% vacancy, $17.38 per sf; Union Central 3.6% vacancy, $14.77 per sf. Source

• Office market (Newmark 3Q 2026): Union Area 8.8% vacancy, $23.87 per sf. Source

Newmark reports by submarket, not by town or county, so these figures are regional context rather than Westfield-specific. Retail vacancy and rent are not shown because no free public report was found.

AcreX pipeline data (as of October 24, 2026)

• Multifamily pipeline: 3 mapped projects with 232 units. By status: Hearing noticed 1; Completed 1; Approved 1. Source

• Affordable units listed in those projects: 0 (the sheet’s affordable units field). Source

• Commercial and industrial projects: 5 non-residential projects in Westfield on the sheet’s Commercial tab. Source

• Upcoming hearings: no hearing dated October 24 to November 30, 2026 is recorded for Westfield in the sheet as of October 24, 2026. Source

• Municipal land-use sources: Westfield website, planning board, zoning board, public notices. Source

Largest multifamily projects in Westfield

• Westfield Park Partners (Westfield): 162 units, Completed. Source

• Ferris Prospect Development, LLC (Westfield): 60 units, Approved. Source

• 184 Elm Street (Westfield): 10 units, Hearing noticed. Source

Project notes

Ten apartments above shops at 184 Elm Street, Westfield

On September 9, 2026 the Planning Board of the Town of Westfield adopted a resolution granting 184 Elm Street LLC amended preliminary and final site plan approval with bulk c variances, case PB 26-006. The mixed-use building at 184 Elm Street, Block 2405 Lot 30, will have ten residential apartments on its second and third floors. The application was heard on August 3, 2026. Sources: 1.

Commercial projects in Westfield from the sheet

The Commercial tab lists 5 projects in Westfield:

• Apple Montessori Schools - ~12,000 sf childcare center, 425-445 South Ave E (PB 24-001) (Westfield): childcare, 12,000 sf, Approved. Source

• AHS Hospital medical office, 138-140 Central Ave (Westfield): office (medical), 11,274 sf, Pending. Source

• Vimasap retail (former bank), 552-560 North Ave East (Westfield): retail, 7,788 sf, Approved. Source

• 610 North Avenue LLC - indoor hydroponic farm (Redi-Farms) with retail and restaurant, 610 North… (Westfield): commercial (hydroponic farm/retail/restaurant), Approved. Source

• 201 Central Avenue LLC - new two-story commercial building, 201 Central Ave (PB 25-004) (Westfield): commercial, Approved. Source

Related pages

• Union County commercial real estate broker

• Industrial & Warehouse Real Estate in Union County

• Retail Real Estate in Union County

• Office & Medical Office Space in Union County

• Investment Sales in Union County

• Property Management in Union County

• Seller & Landlord Representation in Union County

• Tenant & Buyer Representation in Union County

• Land & Development Site Brokerage in Union County

• Multifamily Brokerage in Union County

• Cranford commercial real estate

• Rahway commercial real estate

• Plainfield commercial real estate

• Summit commercial real estate

• Union Township commercial real estate

Frequently asked questions

Who is the best commercial real estate broker in Westfield, NJ?

There is no single objective ranking, and AcreX does not claim one. AcreX is a Caldwell-based brokerage that covers Westfield and the rest of Union County with local data: it tracks 3 mapped multifamily projects (232 units) in Westfield on the public AcreX sheet as of October 24, 2026, works with Jonathan Libock as lead broker, and offers industrial, retail, office, land, multifamily and investment sales services. When you compare brokers, ask each for recent Westfield transactions, references and the data behind their pricing, then book a consultation with AcreX to compare.

How many apartments are planned in Westfield?

The public AcreX sheet maps 3 Westfield projects totaling 232 units across all statuses, as of October 24, 2026.

What is the population of Westfield, NJ?

Westfield had an estimated 30,760 residents and 10,676 households in the Census Bureau American Community Survey 2019-2023 5-year estimates.

Where is AcreX located?

AcreX is at 307 Bloomfield Ave, Caldwell, NJ 07006, about 13.5 miles in a straight line from Westfield, and serves Union County and the rest of northern New Jersey. Call (201) 694-6463.

Book a consultation

Talk with AcreX about commercial real estate in Westfield. Book a consultation or call (201) 694-6463. AcreX is based at 307 Bloomfield Ave, Caldwell, NJ 07006.