41 Main St Millburn, NJ ^$ 2,150,000

41 Main St

^$ 2,150,000

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41 Main St

Millburn, NJ, 07041

^$ 2,150,000

Studio Baths0.4 Sq 3,536

Monthly Estimate*

^$ 15,018

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Studio

Commercial Property for sale in Millburn, NJ

for $2,150,000 with 4 half baths. This 3,536 square foot building was built in 1920 on a lot size of 0.05.

Prime downtown Millburn location - rare opportunity to own an updated and beautifully maintained investment property in the center of town. Just one block to train to NYC! Building is fully leased with four total units: two stores on the ground floor and two 2-bedroom apartments on the 2nd and 3rd floor.

Commercial Pending

Price

^$ 2,150,000

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 14,270

Style

MixedUse

Lot Size

0.05

Year Built

1920

Town/City

Millburn

County/Region

Essex

MLS | Web ID

3886707

Features

General

Sewer Public Sewer

Construction See Remarks

Heating 1 Unit Baseboard - Hotwater Multi-Zone

Cooling Ductless Split AC Window A/C(s)

Utilities Electric Gas-Natural

Possession TBD

Roof Asphalt Shingle

Zoning B-4

Year Built 1920

Township Millburn Twp.

Property Type Mixed Use MixedUse

Tax Year 2023

Percent Ownership Fee Simple

Location Business District

Gross Income 140880

County Essex

Net Operating Income 115380

Operating Expense 25500

Status Under Contract

Directions Main Street between Millburn Ave and Essex Street

Total Units 4

Street Name Main St

Tax Annual Amount 14270

Drive None Off-Street Parking See Remarks

Leasable Area 0

Days on Market 25

Standard Status Under Contract

Tax Assessed Value 729600

Town # 1612

Tax Lot 11

Farm Assessment No

Interior

Basement Finished-Partially Storage

Fuel Type Gas-Natural

Total Stories 3

Half Baths 4

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description See Remarks

Building Area Total 3536

Lot Dimensions 40X51

Lot Size Acres 0.05

* Excluded Features

List By

VICTORIA CANNIZZO

Listing Agent

Christie's Int. Real Estate Group

Broker

vcannizzo@christiesrennj.com

Affordability Calculator

$16,208

Per Month

Monthly Principal & Interest: $15,018
Monthly Property Taxes: $1,189
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Millburn, NJ

Average List Price ^$1,201,688

Percent of Sale Price 44%

About Millburn, NJ

20,296 Population

3% Since 2002

^$176,401 Median Income

43.5 Median Age

49% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$2,150,000		Listed Price

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41 Main St, Millburn, NJ, 07041 is a Commercial Property for sale at $2,150,000 with 3,536 sqft and a lot size of 0.05. 41 Main St is a studio with 0.4 baths and was built in 1920. The property's zip code is 07041 which is in Millburn, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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41 Main St

Commercial Property for sale in Millburn, NJ

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