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    281 Essex St Millburn, NJ 07041

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    For Lease
    $4,800 /Mo

    Free-standing retail building in downtown Millburn's B4 Business Zone.

    Lot size:
    0.11 Acres

    Property Features for 281 Essex St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: COLDWELL BANKER REALTY Agent JOANNA PARKER-LENTZ

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

    Overview

    Prime Retail Space in Millburn

    Located at 281 Essex Street, this free-standing building offers an exceptional retail leasing opportunity in downtown Millburn's B4 Business Zone. The expansive and versatile space features a bright, open layout with large windows that maximize visibility and allow ample natural light. Additional basement space is included, suitable for storage, inventory, or back-office functions, providing maximum functionality and flexibility. The property's prime downtown location ensures outstanding business exposure and accessibility. The B4 zoning permits a wide variety of uses, including retail shops and boutiques, cafes, personal service establishments such as salons or fitness studios, real estate offices, and art galleries or showrooms. This property is an ideal setting to grow or establish your business in one of Millburn’s most desirable commercial corridors.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Book House Book Store

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Millburn
    County
    Essex
    State
    New Jersey
    Longitude
    -74.3087267
    Latitude
    40.7244129

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    FAQs

    What type of property is this?
    Retail space - Free-standing retail building in downtown Millburn's B4 Business Zone.
    Where is this retail space located?
    The property is located at 281 Essex St Millburn, NJ.
    What are key features of this property?
    This property features: - Prime downtown Millburn location with high visibility and accessibility.; - Versatile B4 Business Zone allows for a wide variety of permitted uses.; - Bright, open layout with large windows providing ample natural light.
    (973) 376-5200
    Request Owner's contact information
    281 Essex St 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
    281 Essex St Millburn, NJ 07041
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