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56 Mechanic St
Millburn, NJ 07041
Millburn Mews · Multifamily Property For Sale
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27 Units
Investment Highlights
- TROPHY ASSET: Millburn Mews is a rare-to-market, 27-unit, garden complex in Millburn, NJ.
- PREMIER MARKET: Graded as an A+ Town by Niche, Millburn is highly sought after by investors and residents alike.
- STRONG UNIT MIX: Efficient unit mix of 27 apartments, 26 one-bedroom units and one two-bedroom unit.
- IDEAL UTILITIES: All electric, separately metered building, with individual electric hot waters, and electric baseboard heat.
Property Facts
| No. Units | 27 | Lot Size | 0.71 AC |
| Property Type | Multifamily | Building Size | 20,382 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1963 |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 20,382 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 400 |
| 1+2 | 1 | - | - |
Property Taxes
| Parcel Number | 12-01003-0000-00024 | Improvements Assessment | $2,284,200 |
| Land Assessment | $510,600 | Total Assessment | $2,794,800 |
Property Taxes
Parcel Number
12-01003-0000-00024
Land Assessment
$510,600
Improvements Assessment
$2,284,200
Total Assessment
$2,794,800
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