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Two-Family Residential Property

52 Mechanic St, Millburn, NJ 07041

For Sale
New
Contact for pricing

The property includes a three-bedroom, one-bath rental unit and an owner-occupied first-floor unit.

Property SizeContact for details
Days on Market2

Property Features for 52 Mechanic St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2
Tenant in Place Yes

Amenities

Unfinished
Carpeting,Tile,Wood
Gas-Natural
3 Bedrooms,Bath Main,Dining Room,Kitchen,Living Room
3
In Building
Blinds
Level Lot
Public Water
50X147
0.17
Patio

Building Details

Year Built 1965
Buildings 1
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 8:01AM

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 Reisha Baker

Rey
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Investment Insights

Based on property information with market context.

Built in 1965, this two-family property has an owner-occupied first-floor unit and a three-bedroom, one-bath rental unit. Interior features include a renovated kitchen, carpeting in the living room, and wood floors in the dining room and bedrooms. A washer and dryer are located in the building’s basement, and the property also has a patio and off-street parking for two cars. The lot measures 50 by 147 feet and includes public water.

The property is a short distance from downtown Millburn, the train station, and Millburn High School. A bus stop is located at the corner. The rental unit’s rent includes water, lawn care, and snow removal.

Key Highlights

  • Two‑family property with an owner‑occupied first‑floor unit
  • Rental unit has 3 bedrooms and 1 bath
  • 50X147 lot measuring 0.17 acres

Property Analytics

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,165
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

Average Price Trend$/SF for Residential income properties in Essex County, NJ

$336 Jul
$303 Aug
$275 Sep
$266 Oct

Properties on Market for Residential income properties in Essex County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The property includes a three-bedroom, one-bath rental unit and an owner-occupied first-floor unit.
Where is this residential income property located?
The property is located at 52 Mechanic St Millburn, NJ.
What are key features of this property?
This property features: Two‑family property with an owner‑occupied first‑floor unit; Rental unit has 3 bedrooms and 1 bath; 50X147 lot measuring 0.17 acres
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