Listing Agency: COLDWELL BANKER REALTY

Listed By: JOANNA PARKER-LENTZ 973-699-4388 · License #246936 Show Phone

Source: Brentsellsnj

Added: Sep 9 Changed: Sep 14 Last Checked: Sep 18 at 7:34AM

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Investment Insights

Based on property information with market context.

This freestanding mixed-use property at 393 Millburn Ave in Millburn Twp, NJ is currently occupied by a barbershop. The building is situated within the B4 central business zone, providing a commercial setting for a range of approved activities.

Permitted uses include retail sales and services, offices, showrooms, and instructional schools or studios. The property’s mixed-use classification and freestanding configuration provide a basis for continued personal-service use or another approved commercial application.

Key Highlights

• Freestanding building at 393 Millburn Ave, Millburn Twp, NJ 07041
• Located in the B4 central business zone
• Currently configured as a barbershop

Property Analytics

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Current Use

Dial-A-Hearing Screening Test Medical Clinic Kubick and Kubick Hearing ... Hearing Aid Store Dr. Rhee Rosenman-Nesson Physician

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Hotel & Motel HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,295

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - B4 central business zoning permits retail, office, showroom, and instructional studio uses.

Where is this mixed-use property located?

The property is located at 393 Millburn Ave Millburn, NJ.

What are key features of this property?

This property features: Freestanding building at 393 Millburn Ave, Millburn Twp, NJ 07041; Located in the B4 central business zone; Currently configured as a barbershop