Log In/Sign Up
Your email has been sent.
Millburn Mews 56 Mechanic St 27 Unit Apartment Building For Sale Millburn, NJ 07041
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.
Executive Summary
TROPHY ASSET: Millburn Mews is a rare-to-market, 27-unit, garden complex in Millburn, NJ.
STRONG UNIT MIX: Efficient unit mix of 27 apartments, comprised of 26 one-bedroom units and one two-bedroom unit, designed to capture strong renter demand in Millburn.
PREMIER MARKET: Graded as an A+ Town by Niche, Millburn is highly sought after by investors and residents alike.
IDEAL UTILITIES: All electric, separately metered building, with individual electric hot waters, and electric baseboard heat.
STRONG UNIT MIX: Efficient unit mix of 27 apartments, comprised of 26 one-bedroom units and one two-bedroom unit, designed to capture strong renter demand in Millburn.
PREMIER MARKET: Graded as an A+ Town by Niche, Millburn is highly sought after by investors and residents alike.
IDEAL UTILITIES: All electric, separately metered building, with individual electric hot waters, and electric baseboard heat.
Property Facts
| Sale Type | Investment | Lot Size | 0.71 AC |
| No. Units | 27 | Building Size | 20,382 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C |
| Sale Type | Investment |
| 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 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 12-01003-0000-00024 | Improvements Assessment | $3,177,985 CAD |
| Land Assessment | $710,393 CAD | Total Assessment | $3,888,377 CAD |
Property Taxes
Parcel Number
12-01003-0000-00024
Land Assessment
$710,393 CAD
Improvements Assessment
$3,177,985 CAD
Total Assessment
$3,888,377 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Millburn Mews | 56 Mechanic St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.