Why Live in Millburn
Millburn is a township with a dual identity, comprising the walkable, denser Millburn section and the more spacious, upscale Short Hills area. Both sections share a highly rated school district, including Millburn Middle School and Millburn High School, known for their academic rigor and diverse student body. Private school options include the Pingry School, Newark Academy, Joseph Kushner Hebrew Academy, and Oratory Preparatory School. Millburn features a vibrant downtown with Main Street at its core, offering local favorites like Millburn Deli and Liv Breads Bakery. Taylor Park, designed by Frederick Law Olmstead, provides walking trails, a pond, and a playground. Gero Park in Short Hills includes a community pool and Par 3 golf course. South Mountain Reservation, partially located in Millburn, offers extensive green space, the Turtle Back Zoo, and Regatta Playground. The Mall at Short Hills, a North Jersey destination, features 140 upscale shops and will soon include an Eataly location. Millburn is 19 miles from Midtown Manhattan, with two train stations offering direct service to NYC in about 45 minutes. Homes in Millburn are generally smaller and closer together, while Short Hills offers larger properties with more privacy. The area is safer than the national average, making it a practical choice for families.
Home Trends in Millburn, NJ
On average, homes in Millburn, NJ sell after 26 days on the market compared to the national average of 50 days. The median sale price for homes in Millburn, NJ over the last 12 months is $1,344,125, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$1,344,125
Median Single Family Sale Price
$1,500,000
Median Townhouse Sale Price
$1,250,000
Median 2 Bedroom Sale Price
$475,500
Median 1 Bedroom Sale Price
$346,500
Average Price Per Sq Ft
$814
Number of Homes for Sale
16
Last 12 months Home Sales
120
Median List Price
$1,330,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%