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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

344 Millburn Ave Millburn, NJ 07041

14,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail space, located at 344 Millburn Avenue in the heart of Downtown Millburn, Essex County, New Jersey, offers a unique opportunity for a single tenant or multiple uses. Situated on the ground floor, this 2,200 square foot storefront is part of a larger 14,000 square foot building. The property enjoys a highly visible location on Millburn Avenue, with excellent cross-street exposure to Main Street. The property is currently fully occupied, presenting a rare opportunity in the desirable Downtown Millburn submarket. This affluent area of Millburn, NJ, provides a strong customer base and high foot traffic, making it an ideal location for a variety of retail businesses, restaurants, or spas. The address is 344 Millburn Ave, Millburn, NJ 07041. The property's size and location make it a highly sought-after retail destination in Downtown Millburn. This is a single-tenant property, offering a unique opportunity for a business seeking a prominent location in a thriving community. The property is classified as Retail, Restaurant, Storefront, and Spa.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Design Hub Home Home Decor Store Department Store
  • Magma Media Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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