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Fully Renovated Apartment
For Lease
$2,200/Mo

17 Rector St, Millburn, NJ 07041

Apartment at 17 Rector St with a fully renovated interior and walkable access to schools, downtown, and transit.

Space SizeContact for details
Days on Market51

Property Features for 17 Rector St

General Information

Standard status Active
Property subtype Multi Family
Lease Term One to Two years
Listing Agency: WESTERN-EASTERN REALTY
Listed By: BINGHU ZHANG · License #1431992
Source: Elliman
Added: Jul 24 Changed: Sep 10 Last Checked: Sep 12 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WESTERN-EASTERN REALTY

Investment Insights

Based on property information with market context.

This rental apartment at 17 Rector St offers a fully renovated interior. The property is presented as a residential income option within a highly walkable area.

The location supports easy day-to-day access, with opportunities to walk to Taylor Park, the Community Center, downtown, and nearby schools, along with Millburn train station and the high school, middle school, and Washington School.

With WalkScore reported at 85 (Very Walkable) and BikeScore at 24 (Somewhat Bikeable), the property is positioned for tenants who prefer frequent trips on foot in addition to local transit access.

Key Highlights

  • Fully renovated apartment interior at 17 Rector St
  • Walk to Taylor Park, Community Center, and downtown
  • Walk to Millburn train station

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,574
Businesses Nearby

Demographics for 07041, NJ

7,649
Population
2,843
Households
2.7
Avg Household Size
41
Median Age
81%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
5,884
Density / Sq Mi
$220,923
Median Household Income
$109,375
Median Earnings
$1,969
Median Rent
$935,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Apartment at 17 Rector St with a fully renovated interior and walkable access to schools, downtown, and transit.
Where is this multifamily property located?
The property is located at 17 Rector St Millburn, NJ.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Fully renovated apartment interior at 17 Rector St; Walk to Taylor Park, Community Center, and downtown; Walk to Millburn train station
More about this property
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