Essex County » 07041 » Millburn Ave » 187 Millburn Ave

Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041 - Property report

Also known as: 187 Millburn Ave

Property image for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041

Property type

Office - General (560)

Year built

1848

Acreage

9.34

Sale price

$41,753,518

General information

Address

Primary address

Millburn Gateway Center - 187 Millburn Avenue

ZIP code

07041

County

Essex

Block

305

Lot

Neighborhood

Downtown Millburn

Municipality

712

Qualifier

Parcel ID

305-1

Sales

Sale date

04/24/2017

Sale price

$41,753,518

Arm's length

Tax

Tax year

2026

Current property tax

$405,300

Building

Property type

Office - General (560)

Year built

1848

Exterior structural material

Lot

Acreage

9.34

Zoning & Use

Zoning

Qualified opportunity zone

Area overview

Walk score

71 /100. Very Walkable

Transit score

0 /100. Minimal Transit

Bike score

44 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041

Sale date	Sale price	Buyer name	Seller name
04/24/2017	$41,753,518	XX XXXXXXXX XXX	X & X XXXXXXXX XXXXX
12/28/1989	$11,150,000

*Most recent sales on record for this property.

More about Essex County property records.

Title documents

Date	Type	Amount	Party 1	Party 2	Doc #
06/09/2017 - R 04/24/2017 - D	Deed and Realty Tax Fees		X & X XXXXXXXX XXXXX	XX XXXXXXXX XXX
12/28/1989 - D	Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2026

Property tax

$405,300

Recent tax assessments

Market value

$20,074,300

Land value

$3,829,500

Building value

$16,244,800

More about Essex County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Tax rate	Property tax	Y-o-Y change
2025	$20,074,300	$20,074,300	2.019	$405,300	+1.87%
2024	$20,074,300	$20,074,300	1.982	$397,873	+1.33%
2023	$20,074,300	$20,074,300	1.956	$392,653	+0.67%
2022	$20,074,300	$20,074,300	1.943	$390,044	+0.26%
2021	$20,074,300	$20,074,300	1.938	$389,040	+0.62%
2020	$20,074,300	$20,074,300	1.926	$386,631	-0.21%
2019	$20,074,300	$20,074,300	1.93	$387,434	+1.47%
2018	$20,074,300	$20,074,300	1.902	$381,813	+2.48%
2017	$20,074,300	$20,074,300	1.856	$372,579	+0.43%
2016	$17,223,100	$17,223,100	2.154	$370,986	+2.33%

Permits

Permit information for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ

No recently recorded permits for this property.

Listings

Commercial listings at Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	Medical Office	Listing price not available	100,000	04/27/2017	07/30/2026	View listing

Neighborhood

Demographics by ZIP code

Total population

7,532

Median age

39.8

Average household income

$253,530

Family households

84.5%

People per household (average)

2.85

Occupied housing units

2,637

Owner-occupied units

68.8%

Median year structure built

1943

Median value mortgaged units

$1,011,200

Median value unmortgaged units

$893,300

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Nearby ZIP codes for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ

07016, Union County, NJ 07027, Union County, NJ 07033, Union County, NJ 07039, Essex County, NJ 07050, Essex County, NJ 07052, Essex County, NJ 07079, Essex County, NJ 07083, Union County, NJ 07088, Union County, NJ 07090, Union County, NJ 07092, Union County, NJ 07106, Essex County, NJ 07111, Essex County, NJ 07203, Union County, NJ 07204, Union County, NJ

Frequently asked questions

What is the year built for Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041?

The development at Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041 was built in 1848.

What is the market value of Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041?

The current market value of Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041 is $20,074,300.

How many active listings does Millburn Gateway Center - 187 Millburn Avenue, Millburn, NJ 07041 have?

This address has 4 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.