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    120 Millburn Ave Millburn, NJ 07041

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    For Lease
    $2,700 /Mo

    Medical/Office building with spaces ranging from 760 to 3,200 sq ft.

    Lot size:
    1.03 Acres

    Property Features for 120 Millburn Ave

    General Information

    Lot size
    1.03 Acres

    Building Details

    Year built
    1972

    Source: PAUL ANTHONY AGENCY, INC. Agent ASHLEY SCHALLER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical/Office Building with Options

    This medical/office building offers multiple spaces for rent, ranging from 760 square feet up to 3,200 square feet. The spaces can be built to suit. The common areas of the building have been recently renovated. The entire lower level of the building is fully renovated. Prices vary depending on the space.
    Insight Report Location Intelligence

    Current Use by Public Records

    ImageCare at Millburn Medical Diagnostic Imaging Center Associates In Orthopedic Surgery Orthopedic Surgeon Dr. Howard L. ... Orthopedic Surgeon Desai Mahesh R ... Gastroenterologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Valley Veterinary Hospital, Norman Stack, Millburn Veterinary Hospital, True Monarch In-Home Veterinary Service

    Location Insight

    • Map
    • Local Demand
    City
    Millburn
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2896357
    Latitude
    40.7217429

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    FAQs

    What type of property is this?
    Medical office - Medical/Office building with spaces ranging from 760 to 3,200 sq ft.
    Where is this medical office located?
    The property is located at 120 Millburn Ave Millburn, NJ.
    What are key features of this property?
    This property features: - Medical/Office building with spaces ranging from 760 sq ft up to 3,200 sq ft.; - Entire lower level of building is fully renovated.; - Common areas of building were recently redone.
    (908) 754-1100
    Request Owner's contact information
    120 Millburn Ave Millburn, NJ 07041
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    Millburn, NJ 07041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Millburn Ave Millburn, NJ 07041
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