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Millburn Avenue Retail Opportunity
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319 Millburn Ave, Millburn, NJ 07041

8,500 SF retail space available for lease or sale.

Space Size8,500 SF
Days on Market291

Property Features for 319 Millburn Ave

General Information

Standard status Active
Size 8,500 SF
Class Unclassified
Property subtype retail

Spaces For Lease

at 319 Millburn Ave Contact us

Available Space

Floor
1st
Size
8,500 SF
Type
Retail
Term
Negotiable
Availability
30 Days
Contact us
Listing Agency: Parsippany
Listed By: David Townes · License #10401232082
Source: Property.jll
Added: Nov 25, 2025 Changed: Sep 5 Last Checked: Sep 12 at 3:48AM

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 Parsippany

Investment Insights

Based on property information with market context.

This property offers 8,500 square feet of retail space available for lease or sale. It features 48 feet of frontage on Millburn Avenue. The premise includes ceiling heights ranging from 12 to over 14 feet.

Key Highlights

  • 8,500 SF available for Lease or Sale
  • Offers 48’ of frontage on Millburn Avenue
  • Features ceiling heights ranging from 12’ – 14’+ clear

Property Analytics

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Open Analytics

Current Use

PTK Oriental Rug ... Carpet Cleaning Service The House Salon Hair Salon

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Storage Facility Tanning Salon Hotel & Motel

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

1,386
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Shops & Services 35% Dining 23% Beauty & Spa 3%
ShopRite Groceries
30,363 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,796 visits/mo 0.2 miles
Chase Bank Shops & Services
8,142 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,774 visits/mo 0.1 miles
The UPS Store Shops & Services
4,109 visits/mo 0.0 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 8,500 SF retail space available for lease or sale.
Where is this retail space located?
The property is located at 319 Millburn Ave Millburn, NJ.
What are key features of this property?
This property features: 8,500 SF available for Lease or Sale; Offers 48’ of frontage on Millburn Avenue; Features ceiling heights ranging from 12’ – 14’+ clear
More about this property
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