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Two-Story Medical Office Building
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194 Main Street, Millburn, NJ 07041

Two-story medical office building with HVAC, 20 parking spaces, and R-8 zoning allowing residential development possibility.

Property Size4,556 SF
Lot Size0.38 Acres
Days on Market124

Property Features for 194 Main Street

General Information

Standard status Active
Size 4,556 SF
Total Parking Spaces 20
Lot size 0.38 Acres
Property subtype Office, Retail
Zoning R-8

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: The Blau & Berg Company
Listed By: Tamara Blau · License #NJ 1540828
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 10:56PM

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 The Blau & Berg Company

Investment Insights

Based on property information with market context.

This two-story medical office building offers an existing medical use and HVAC heating. The property is approximately 4,556 SF (building) on a 16,410 SF site, with parking for 20 vehicles. Zoning is listed as R-8, with residential development possible.

The property is located in close proximity to Route 24, Morris Avenue, and I-78, supporting convenient regional access for patients, staff, and visitors.

The building configuration and site improvements are suited for medical-office operations, with on-site parking to serve day-to-day needs.

Key Highlights

  • Two‑story medical office building totaling ±4,556 SF on a 16,410 SF property
  • Current medical office use with HVAC and zoning for residential development possibility: R‑8
  • On‑site parking for 20 spaces

Property Analytics

Current Use

Dave Mistry, PT, ... Physician Joel Hirschhorn, PT Physician Frank Liggio, MD Physician Dryer Joseph W ... Physician Dr. Evan S. ... Physician

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,358
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story medical office building with HVAC, 20 parking spaces, and R-8 zoning allowing residential development possibility.
Where is this medical office space located?
The property is located at 194 Main Street Millburn, NJ.
What are key features of this property?
This property features: Two‑story medical office building totaling ±4,556 SF on a 16,410 SF property; Current medical office use with HVAC and zoning for residential development possibility: R‑8; On‑site parking for 20 spaces
(973) 379-6644 Call to check price and availability
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