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249 E Main St
Millburn, NJ 07041
Office Property For Sale
Investment Highlights
- Prime location, well maintained building, high traffic area
- ROI above market value with room for additional capitalization
- can be subdivided
Property Facts
Property Type
Office
Property Subtype
Building Size
6,698 SF
Building Class
B
Year Built
1880
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,182 SF
Building FAR
0.85
Lot Size
0.18 AC
Zoning
R8 - Property has had a variance for 1st floor commercial space for 30 years. Property is also zone residential for development.
Parking
8 Spaces (1.63 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
Property Taxes
| Parcel Number | 12-01001-0000-00018 | Improvements Assessment | $503,700 |
| Land Assessment | $117,600 | Total Assessment | $621,300 |
Property Taxes
Parcel Number
12-01001-0000-00018
Land Assessment
$117,600
Improvements Assessment
$503,700
Total Assessment
$621,300
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