Spaces For Lease

at 519 Millburn Ave

519 Millburn Ave $27.50/SF/Yr

Floor 1

Size 1,502 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

• No parking on-site, space is one block from municipal parking lot #14 • Partial basement available • Close proximity to Short Hills Train Station, Millburn High School and Downtown Millburn

Contact us

Listing Agency: Jeffery Realty Show Phone

Listed By: Bruce Jeffery · License #8336589 Show Phone

Source: Moodyscre

Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 2:09PM

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Investment Insights

Based on property information with market context.

This 1,502-square-foot retail space at 519 Millburn Ave includes a partial basement. There is no on-site parking; municipal parking lot #14 is one block away.

The property is near Short Hills Train Station, Millburn High School, and Downtown Millburn.

Key Highlights

• 1,502‑square‑foot retail space
• Partial basement available
• No on‑site parking; municipal parking lot #14 is one block away

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Storage Facility Hotel & Motel HVAC Service Grocery & Convenience Store

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

$4.13 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

140

Businesses Nearby

Explore this area Business Placement

Demographics for 07078, NJ

14,061

Population

4,433

Households

3.2

Avg Household Size

41

Median Age

90%

College-Educated

99%

High-School Grad

8.0 sq mi

ZIP Area

1,758

Density / Sq Mi

$250,001

Median Household Income

$165,824

Median Earnings

$3,363

Median Rent

$1,627,300

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

Frequently Asked Questions

What type of property is this?

Retail space - Municipal parking is one block away, and the space includes access to a partial basement.

Where is this retail space located?

The property is located at 519 Millburn Ave Short Hills, NJ.

What is the lease rate?

The lease rate is $27.50 SF/Yr.

What are key features of this property?

This property features: 1,502‑square‑foot retail space; Partial basement available; No on‑site parking; municipal parking lot #14 is one block away