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519 Millburn Ave 3,580 SF 100% Leased Retail Building Short Hills, NJ 07078 $1,718,873 CAD ($480.13 CAD/SF) 6.50% Cap Rate

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Executive Summary

Close proximity to Walgreens, Wendy’s, ShopRite, Trader Joe’s, CVS and Train Station. NOI is proposed, cap rate is proforma, expected performance included below please contact the broker directly with further questions.

Attachments

2/18 Flyer Sale

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,580 SF
Building Class
C
Year Built
1943
Price
$1,718,873 CAD
Price Per SF
$480.13 CAD
Cap Rate
6.50%
NOI
$111,727 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.82
Lot Size
0.10 AC
Zoning
Commercial - retail
Frontage
97’ on Millburn Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,502 SF
  • Retail
  • -
  • 60 Days
Space Size Space Use Position Available
1st Floor 1,502 SF Retail - 60 Days

1st Floor

Size
1,502 SF
Space Use
Retail
Position
-
Available
60 Days

1st Floor

Size 1,502 SF
Space Use Retail
Position -
Available 60 Days

Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tiger Schulmann's Martial Arts
CrossFit
Burn Boot Camp
TD Bank
Chase Bank
[solidcore]
TruFit
ShopRite
Starbucks
Pure Barre

Property Taxes

Property Taxes

Parcel Number
12-01707-0000-00002
Land Assessment
$307,206 CAD
Improvements Assessment
$980,922 CAD
Total Assessment
$1,288,128 CAD
  • Listing ID: 39473852

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 519 Millburn Ave, Short Hills, NJ 07078

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