The Franklin Westfield, New Jersey

As exclusive agent, Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer a 100% fee interest in The Franklin Westfield for sale.

This rare offering presents the opportunity to acquire a 40-unit boutique, high-luxury apartment community with best-in-class, resort-style amenities. The Franklin Westfield is located in the affluent bedroom community of Westfield, NJ, in Union County. Known for its live-work-play downtown, Westfield offers residents a walkable environment filled with restaurants, bars, and shops, as well as close proximity to public transit, providing access to and from New York City in under 50 minutes via NJ Transit.

Built in 2024, the community offers new ownership a top-of-the-line, new-construction property with minimal deferred maintenance and a stable, predictable income stream. The Franklin Westfield features a resort-style amenity package that includes concierge services, a pool and spa, golf simulator, state-of-the-art fitness center, and a rooftop deck with NYC views, to name a few.

The Property is located in a high-income area, with the average annual household income in Westfield around $301,000. The Franklin Westfield is situated less than a mile from the mixed-use, transit-oriented redevelopment project known as One Westfield Place. This project is designed to strengthen the downtown area with a mix of traditional apartment rentals, 55+ and market-rate townhomes, and loft residences. Additionally, the redevelopment will include approximately 310,000 SF of Class A office space, 27,000 SF of ground-level retail, and two new public open spaces on either side of the train station, the Town Square and Town Green. The premium finishes, thoughtful design, and robust community amenities combined with a prime location, make The Franklin Westfield an extremely attractive investment opportunity.

Investment Highlights