Retail Space / New Jersey / Madison / 07940 / 517 Millburn Avenue

517 Millburn Avenue

Q: What is the asking price for 517 Millburn Avenue in Madison?

The asking price for 517 Millburn Avenue is $950,000

Q: What is the building size of this Retail property in Madison, NJ?

The size of the building/unit at 517 Millburn Avenue in Madison is 4,000 square feet.

Q: How much land does the Madison, NJ property at 517 Millburn Avenue include?

517 Millburn Avenue in Madison includes 0.100 acres of land.

Q: What kind of Retail is the propery at 517 Millburn Avenue?

The property at 517 Millburn Avenue Madison, NJ 07940 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 517 Millburn Avenue?

The population within 1 mile of 517 Millburn Avenue Madison, NJ 07940 is 14,645 people.

Q: Who do I contact for questions about 517 Millburn Avenue?

You should contact the listing agent, Tamara Blau, for any details regarding this commercial listing.

Madison, NJ 07940

Listing ID: 218887

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517 Millburn Avenue | for Sale | Thumbnail 1

517 Millburn Avenue | for Sale | Thumbnail 2

Building Size: 4,000 SF

Lot Size: 0.100 AC

Land Size: 4,356 SF

Building $/SF: $237.50

Land $/SF: $218.09

Price

$950,000

Description

Property Highlights
GLA: ±4,000 SF Retail / Office SpaceAvailable: ±4,000 SF (September 1st)
BasementLot Size: ±0.1 AC (Block 1707, Lot 3)Street Parking and Parking Municipal Lot #14
Fully Approved Residential Development Across Street
Traffic Count: 18,484 Vehicles Per Day on Millburn Avenue
Neighboring Retailers Include: Keller Williams, Weichert, Coldwell Bankers, Panera Bread, Trader Joe's, Shop Rite, Walgreen's, Kings Supermarket, Dunkin' Donuts, Bed Bath & Beyond, Taco Bell, CVS, Petsmart, Starbucks
Location
Easy Access from I-78, Routes 24 and 124
Walking Distance to Short Hills Train Station
Adjacent to Proposed 100-Unit Residential Development

Attachments & Files

flyer517millburnavenue-pto-go9.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Newark History of Retail Space for Sale

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Listing Demographics for 517 Millburn Avenue Madison, NJ 07940

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		14,645	97,049	350,756
Population Median Age		38	40	39
Population by Age	0-9 Yrs	2166 (14%)	12249 (12%)	44336 (12%)
	10-19 Yrs	1929 (13%)	13308 (13%)	47488 (13%)
	20-29 Yrs	1296 (8%)	8880 (9%)	39054 (11%)
	30-39 Yrs	1858 (12%)	10894 (11%)	42708 (12%)
	40-49 Yrs	2503 (17%)	15010 (15%)	50501 (14%)
	50-59 Yrs	2046 (13%)	15324 (15%)	52476 (14%)
	60-69 Yrs	1514 (10%)	11119 (11%)	38054 (10%)
	70+ Yrs	1333 (9%)	10265 (10%)	36139 (10%)

Median HH Income		$120,411	$123,881	$99,741
Total Household Income	< 24K	564 (10%)	3224 (9%)	15492 (12%)
	25-49K	601 (10%)	3447 (10%)	15802 (12%)
	50-74K	567 (10%)	3952 (11%)	16797 (13%)
	75-99K	681 (12%)	3752 (10%)	13552 (11%)
	100-199K	1559 (28%)	9458 (27%)	32928 (26%)
	200K+	1540 (27%)	10339 (30%)	28438 (23%)

Highest Education Level	No Diploma	382	4211	18104
	Diploma or GED	1643	12293	52105
	Some College	898	8176	34203
	Assoc. Degree	393	2559	12809
	Bachelors Degree	2916	20242	68159
	Higher Degree	3713	19496	53987

Total Housing Units		5,808	35,523	131,403
--Owner-Occupied		3,304	25,004	80,793
--Renter-Occupied		2,207	9,167	42,217
Owner-Occupied Values	< 100K	28	367	1510
	100-199K	79	860	5094
	200-299K	252	2893	12132
	300-399K	378	4847	15705
	400-499K	529	3440	10264
	500K+	2037	12596	36087

Total Working Age Population		11,136	75,867	276,686
In Work Force		7,833	51,948	189,052
Not In Work Force		3,302	23,919	87,634
Workforce Employed		7,408	49,470	176,983
Workforce Unemployed		425	2,438	11,905
Civlian Workforce		7,833	51,908	188,888
Military Workforce		0	40	164

Total Households		5,510	34,171	123,009
Family Households		3,936	25,645	88,518
Non-Family Households		1,574	8,526	34,491
Married Couple		3,276	21,164	66,708
Other Family		660	4,481	21,810
Married w/Child		1,881	10,628	33,039
Single Male w/Child		88	388	2,165
Single Female w/Child		209	1,439	7,234

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Bergen County	884,118	+2	905,116	+7	967,500	+7	1,031,500
Essex County	793,633	-1	783,969	+3	808,300	+3	829,800
Morris County	470,212	+5	492,276	+3	509,100	+5	535,600
Somerset County	297,490	+9	323,444	+6	342,900	+7	366,700
Union County	522,541	+3	536,499	+7	573,000	+6	605,600

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 517 Millburn Avenue in Madison?

The asking price for 517 Millburn Avenue is $950,000

What is the building size of this Retail property in Madison, NJ?

The size of the building/unit at 517 Millburn Avenue in Madison is 4,000 square feet

How much land does the Madison, NJ property at 517 Millburn Avenue include?

517 Millburn Avenue in Madison includes 0.100 acres of land

What kind of Retail is the propery at 517 Millburn Avenue?

The property at 517 Millburn Avenue Madison, NJ 07940 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 517 Millburn Avenue in Madison?

The population within 1 mile of 517 Millburn Avenue Madison, NJ 07940 is 14,645 people.

Who do I contact for questions about 517 Millburn Avenue?

You should contact the listing agent, Tamara Blau, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Newark Liberty International Airport (EWR)	8
La Guardia Airport (LGA)	24
John F Kennedy International Airport (JFK)	29