Short Hills, New Jersey Commercial Real Estate 0 Listings

Short Hills, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Short Hills, New Jersey, offers a compelling landscape for commercial real estate (CRE) investments due to its strategic location and robust economic ecosystem. As part of the Millburn Township in Essex County, Short Hills is a small but affluent community known for its proximity to major urban centers and its vibrant business environment. The city is well-positioned for businesses in finance, retail, and professional services, making it an attractive hub for various CRE opportunities.

Economic and Industry Overview

Short Hills is a notable center for industries such as finance, retail, and professional services, contributing significantly to the demand for office and retail spaces. The presence of major financial institutions and luxury retail brands create a dynamic market for commercial properties. The New Jersey Economic Development Authority actively supports regional growth initiatives, enhancing the appeal of Short Hills for commercial investors.

Strategic Location and Transportation Infrastructure

Short Hills boasts excellent connectivity via major highways, including Interstate 78 and Route 24, facilitating efficient logistics and commuting. The nearby Newark Liberty International Airport and access to New Jersey Transit's Midtown Direct train service provide crucial links to New York City and beyond. These transportation advantages enhance Short Hills' attractiveness for businesses that require seamless access to regional and national markets. More information can be found on the New Jersey Department of Transportation website.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Short Hills includes diverse submarkets such as the central business district and retail corridors. Key asset classes encompass office spaces, high-end retail, and mixed-use developments. Recent zoning changes have introduced incentives for developers, promoting sustainable growth and innovation. For detailed zoning information, visit the Millburn Township Zoning Map.

Major Employers and Institutions

Short Hills is home to major employers such as Dun & Bradstreet and the Prudential Financial headquarters. These companies, along with nearby institutions like Seton Hall University, drive demand for commercial spaces. For a comprehensive list of businesses, refer to the Millburn-Short Hills Chamber of Commerce.

Notable Commercial Developments & Projects

Recent developments include the expansion of The Mall at Short Hills, a high-end shopping destination attracting luxury retailers. Additionally, the area is exploring mixed-use projects that combine retail, office, and residential spaces. Public-private partnerships and Opportunity Zones are transforming the local CRE landscape. For project details, visit the Millburn Township Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for development in Short Hills through the following:

Market Data & Economic Reports

Explore public data sets such as those available on census.gov and the New Jersey State Open Data Portal. Brevitas leverages AI-powered aggregation from public data and proprietary insights, offering users a comprehensive view of the Short Hills CRE market. Access Brevitas-powered dashboards for detailed analytics.