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Freestanding Live-Work Building
For Lease
$4,500/Mo

393 Millburn Ave, Millburn, NJ 07041

The B4-zoned property accommodates retail, office, showroom, and instructional school or studio uses.

Space SizeContact for details
Days on Market43

Property Features for 393 Millburn Ave

General Information

Standard status Active
Zoning B4

Building Details

Year Built 1900
Stories 1
Listing Agency: Coldwell Banker Realty
Listed By: Joanna Parker-Lentz · License #246936
Source: Cammarotarealestate
Added: Sep 11 Changed: Oct 22 Last Checked: Oct 22 at 2:12PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This freestanding live-work property in Millburn’s downtown is currently configured as a barbershop, combining a commercial setting with a residential atmosphere. Built in 1900, the building is located at 393 Millburn Ave.

B4 zoning allows retail sales and services, offices, showrooms, and instructional schools or studios.

Key Highlights

  • Freestanding building in the downtown area
  • B4 zoning permits retail sales and services, offices, showrooms, and instructional schools or studios
  • Currently occupied by 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,295
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
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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

Frequently Asked Questions

What type of property is this?
Live-work space - The B4-zoned property accommodates retail, office, showroom, and instructional school or studio uses.
Where is this live-work space located?
The property is located at 393 Millburn Ave Millburn, NJ.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Freestanding building in the downtown area; B4 zoning permits retail sales and services, offices, showrooms, and instructional schools or studios; Currently occupied by a barbershop
More about this property
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