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INVESTMENT HIGHLIGHTS
- Fully air conditioned and sprinklered.
- The site has easy access to Routes 78, 24, 22, and the Garden State Parkway.
- Near Short Hills Mall, Paper Mill Playhouse & Taylor Park
- There is one tailboard loading dock. Heavy electrical power is available.
EXECUTIVE SUMMARY
Positioned in the heart of Downtown Millburn, 58 E Willow Street offers a rare opportunity to own a versatile 12,750 SF industrial facility in one of New Jersey’s most affluent and strategically located communities. Situated on 0.82 acres, this single-story warehouse is fully air-conditioned and sprinklered, with a 10-foot drop ceiling (13 feet under steel), heavy electrical power, and a tailboard loading dock—ideal for light manufacturing, distribution, or specialized storage. The property includes 36 dedicated parking spaces and is supported by on-site property management and full municipal utilities. Accessibility is a standout feature, with immediate proximity to Routes 78, 24, 22, and the Garden State Parkway, and just minutes from Millburn Station on NJ Transit’s Morris & Essex Line, offering direct rail service to New York City. Newark Liberty International Airport is a short 18-minute drive, enhancing regional and national logistics. The surrounding area blends a vibrant business district with upscale residential neighborhoods and cultural landmarks like the Paper Mill Playhouse and Taylor Park. With a median household income exceeding $250,000 and a highly educated population, Millburn provides a robust customer and talent base. Whether for an owner-user or investor, this property delivers a compelling mix of functionality, location, and long-term value.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.82/1,000 SF |
| Lot Size | 0.82 AC | Clear Ceiling Height | 10’ |
| Rentable Building Area | 12,750 SF |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 12,750 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Tenancy | Single |
| Parking Ratio | 2.82/1,000 SF |
| Clear Ceiling Height | 10’ |
AMENITIES
- Property Manager on Site
UTILITIES
- Water - City
- Sewer - City
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
24
0 h 42 m
Philadelphia
1,584,138
83
1 h 51 m
Washington
702,455
215
4 h 32 m
Boston
694,583
233
4 h 58 m
Columbus
892,533
543
10 h 13 m
Detroit
672,662
602
11 h 17 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
1,645,661
Total Labor Force
860,151
Unemployment Rate
4.42%
Median Household Income
$80,073
Warehouse Employees
135,502
High School Education Or Higher
88.40%
$ values in USD
PROPERTY TAXES
| Parcel Number | 12-01004-0000-00002 | Improvements Assessment | $1,313,023 CAD |
| Land Assessment | $741,409 CAD | Total Assessment | $2,054,432 CAD |
PROPERTY TAXES
Parcel Number
12-01004-0000-00002
Land Assessment
$741,409 CAD
Improvements Assessment
$1,313,023 CAD
Total Assessment
$2,054,432 CAD
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58 E Willow St
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