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Courtyard Restaurant Building
For Sale
Contact for pricing

343 Millburn Ave, Millburn, NJ 07041

Restaurant business offered for sale at a named commercial property on Millburn Avenue.

Property Size974 SF
Days on Market11

Property Features for 343 Millburn Ave

General Information

Standard status Active
Size 974 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Tenancy Single
Listing Agency: JLL - Parsippany, New Jersey
Listed By: David Townes · License #NJ 10401232082
Source: Crexi
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 22 at 12:55PM

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 JLL - Parsippany, New Jersey

Investment Insights

Based on property information with market context.

The Courtyard - Building #2 is a restaurant property offered with its operating business for sale. The available information identifies the asset as a conventional restaurant with a retail component.

The property is located at 343 Millburn Ave in Millburn, New Jersey, within Northern New Jersey. Its recorded property size is 974.

Key Highlights

  • Restaurant business offered for sale
  • Located at 343 Millburn Ave, Millburn, NJ 07041
  • Identified as The Courtyard - Building #2

Property Analytics

Current Use

J. Nunez Gallery Art Gallery Ambrose Nails Nail Salon Salad House Take-out & Catering Ross & Suchoff LLC Law Firm Thomas Baio Architect

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Veterinary Clinic 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,358
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 37% Shops & Services 35% Dining 23% Beauty & Spa 3%
ShopRite Groceries
30,363 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,796 visits/mo 0.0 miles
Chase Bank Shops & Services
8,142 visits/mo 0.3 miles
Wells Fargo Shops & Services
4,774 visits/mo 0.3 miles
The UPS Store Shops & Services
4,109 visits/mo 0.2 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business offered for sale at a named commercial property on Millburn Avenue.
Where is this conventional restaurant located?
The property is located at 343 Millburn Ave Millburn, NJ.
What are key features of this property?
This property features: Restaurant business offered for sale; Located at 343 Millburn Ave, Millburn, NJ 07041; Identified as The Courtyard - Building #2
(973) 829-4800 Call to check price and availability
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