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    284-292 Millburn Ave Millburn, NJ 07041
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    Property profile & analytics

    284-292 Millburn Ave, Millburn, NJ 07041

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    • Neighborhood centers
    • 19,600 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 284-292 Millburn Ave

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity presents 19,600 square feet of space in a prime Millburn Avenue location within a strip center. Currently, 2,500 square feet is available for lease, offering a versatile space ideal for a variety of retail uses. The property boasts a unique feature: a former bank branch with a secure vault, presenting a rare and potentially valuable asset for the right tenant. The building is situated in a densely populated area with exceptionally high household incomes, averaging nearly $180,000. This strategic location offers unparalleled access to a substantial consumer base. Its proximity to the prestigious Mall at Short Hills, less than three miles away, further enhances its desirability and potential for significant foot traffic and brand recognition. Ample parking is provided with 112 spaces available for customers and employees. The property is located in Essex County, offering easy access to major transportation routes and a thriving local community. This is a rare opportunity to secure a high-profile retail space in a highly sought-after location with exceptional demographics and convenient amenities. The available space presents a blank canvas for a discerning tenant seeking to establish or expand their business in a lucrative market. Inquire today to learn more about this exceptional retail property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Millburn
    County
    Essex
    State
    New Jersey
    Longitude
    -74.3028
    Latitude
    40.7243
    More about this property
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