Why Live in Millburn
Millburn, NJ, is an affluent township known for its top-rated public-school district, making it a desirable NYC bedroom community for families. The township has two distinct areas: Millburn, a walkable section with a thriving downtown and smaller homes, and Short Hills, an unincorporated community with larger, multimillion-dollar properties and an upscale mall. Both areas share community amenities and schools, including Millburn Middle School and Millburn High School, which are highly rated for their academic rigor. Private school options include the Pingry School, Newark Academy, Joseph Kushner Hebrew Academy, and Oratory Preparatory School. Millburn offers various things to do, such as visiting the Paper Mill Playhouse, a nationally recognized regional theater, and enjoying outdoor activities at Taylor Park and South Mountain Reservation. Short Hills features Gero Park with a community pool and golf course. The township has five business districts, with downtown Millburn at its core, featuring popular spots like Millburn Deli and Liv Breads Bakery. The Mall at Short Hills is a notable destination with 140 upscale shops. Millburn is 19 miles from Midtown Manhattan and has two train stations with direct trains to NYC, making commuting convenient. The area is safer than the national average, adding to its appeal. Housing styles range from compact lots in Millburn to larger homes in Short Hills, with colonials being the most popular.
Home Trends in Millburn, NJ
On average, homes in Millburn, NJ sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Millburn, NJ over the last 12 months is $850,000, up 121% from the median home sale price over the previous 12 months.
Median Sale Price
$850,000
Median Single Family Sale Price
$480,000
Median Townhouse Sale Price
$1,280,000
Median 1 Bedroom Sale Price
$346,500
Average Price Per Sq Ft
$527
Number of Homes for Sale
1
Last 12 months Home Sales
21
Median List Price
$999,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
121%