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321 Millburn Ave
Millburn, NJ 07041
 Downtown Millburn Mixed-Use · Retail Property For Sale

Mixed Use Properties New Jersey Millburn 321 Millburn Ave, Millburn, NJ 07041

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INVESTMENT HIGHLIGHTS

  • All retail leases (5) are NNN while all second floor office suites (11) are gross
  • All retail leases have annual rent increases and renewal options
  • Several retail leases are below market rent

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,626 SF
Building Class
C
Year Built/Renovated
1940/2014
Price
$4,444,000
Price Per SF
$303.84
Cap Rate
6.53%
NOI
$290,367
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.96
Lot Size
0.35 AC
Frontage
97’ on Millburn Ave

PROPERTY TAXES

Parcel Number 12-00702-0000-00013 Improvements Assessment $1,790,700
Land Assessment $629,000 Total Assessment $2,419,700

PROPERTY TAXES

Parcel Number
12-00702-0000-00013
Land Assessment
$629,000
Improvements Assessment
$1,790,700
Total Assessment
$2,419,700
 

  • Listing ID: 39053863

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 321 Millburn Ave, Millburn, NJ 07041

More public record information on 321 Millburn Ave, Millburn, NJ 07041

The Retail Property at 321 Millburn Ave, Millburn, NJ 07041 is currently available for Sale. Contact Marcus & Millichap for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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