Millburn Real Estate Market Conditions

  • Median sales price

    $1,233,088
    -3.35% change since last quarter
  • # Active listings

    64
    30-day change

Millburn Schools and Demographics

Education near Millburn, NJ

City County
High School Graduates 97.67 85.27
College Degree - 2 year 2.91 5.73
College Degree - 4 year 84.36 34.03
Graduate Degree 28.6 9.19
Expenditures per Student 17,472 24,350
Students per Teacher 12.3 12.7

Elementary Schools near Millburn, NJ

Grades Students P/T Ratio ZIP
Clinton Elementary School PK - 05 553 12 07040
Deerfield School KG - 05 560 15.6 07078
Edward V. Walton Primary School PK - 02 661 17.9 07081
Glenwood School KG - 05 477 15.3 07078
Hartshorn School KG - 05 539 13.9 07078
James Caldwell Elementary School 03 - 05 245 13.6 07081
Jefferson Elementary School 03 - 05 518 13.6 07040
Marshall Elementary School KG - 02 525 13.5 07079
Seth Boyden Elementary Demonstration School KG - 05 552 13.8 07040
South Mountain Elementary/Annex PK - 05 598 16.2 07079
South Mountain School PK - 05 348 11.4 07041
Thelma L. Sandmeier Elementary School 03 - 05 246 11.7 07081
Tuscan Elementary School KG - 05 607 13 07040
Wyoming School KG - 05 352 11.6 07041

Middle Schools near Millburn, NJ

Grades Students P/T Ratio ZIP
Florence M. Gaudineer Middle School 06 - 08 506 11.8 07081
Maplewood Middle School 06 - 08 808 13.4 07040
Millburn Middle School 06 - 08 1,121 10.8 07041
South Orange Middle School 06 - 08 790 13 07079

High Schools near Millburn, NJ

Grades Students P/T Ratio ZIP
Columbia High School 09 - 12 1,913 13.1 07040
Jonathan Dayton High School 09 - 12 630 13.2 07081
Millburn High School 09 - 12 1,472 11.7 07041

Ungraded Schools near Millburn, NJ

Grades Students P/T Ratio ZIP
Millburn Regional Day School PK - 12 10 3.9 07041

Demographics near Millburn, NJ

City County
Neighborhood Type Suburban
Population 20,387 800,401
Population Density 2,186 6,348
Median Age 41.1 37.3
People per Household 3.1 2.8
Median Household Income 202,862 57,365
Average Income per Capita 95,608 35,133

Millburn Real Estate

The median home value in Millburn, NJ is $1,233,088. This is higher than the county median home value of $375,600. The national median home value is $219,700. The average price of homes sold in Millburn, NJ is $1,233,088. Approximately 76.75% of Millburn homes are owned, compared to 17.97% rented, while 5.28% are vacant. Millburn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millburn real estate agent to arrange a tour today!

Millburn, New Jersey has a population of 20,387. Millburn is more family-centric than the surrounding county with 54.21% of the households containing married families with children. The county average for households married with children is 30.7%.

The median household income in Millburn, New Jersey is $202,862. The median household income for the surrounding county is $57,365 compared to the national median of $57,652. The median age of people living in Millburn is 41.1 years.

Millburn Weather

The average high temperature in July is 86.3 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 48.8 inches per year, with 25.3 inches of snow per year.