Millburn, Millburn, NJ
Millburn — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Millburn, Millburn, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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Millburn Neighborhood Overview
Millburn is a prestigious township in Essex County, New Jersey, known for its exceptional quality of life and top-ranked public schools. The community offers a blend of suburban tranquility and upscale amenities, anchored by its charming downtown. With a median household income of $199,602, it is one of the most affluent areas in the state.
Lifestyle & Amenities
Residents enjoy a vibrant downtown area with a variety of boutique shops, fine dining restaurants, and cafes. The township is home to the renowned Paper Mill Playhouse, a premier regional theater attracting audiences from across the region. Outdoor recreation is provided by several parks, including the expansive South Mountain Reservation which offers extensive trails and natural scenery.
Real Estate Market
The Millburn real estate market is characterized by high-value properties and strong homeownership. The median home value is $941,800, reflecting the desirability of the area. With a 69% homeownership rate and a median monthly rent of $1,933, the market caters to both established homeowners and a smaller rental segment.
Schools & Education
The Millburn Township School District is consistently ranked among the very best in New Jersey and the nation. It feeds into the highly acclaimed Millburn High School, which is renowned for its academic excellence and extensive extracurricular programs. This exceptional school system is a primary driver for families moving to the area.
Transportation & Connectivity
Millburn offers excellent transportation links, primarily through the Millburn Station on the NJ Transit Morris & Essex Lines. This provides direct rail service to Newark Penn Station, Hoboken, and New York Penn Station in under an hour. Major roadways like Interstate 78 and the Garden State Parkway are also easily accessible for regional travel.
Why Choose Millburn
Choosing Millburn means investing in an unparalleled combination of educational excellence, community amenities, and convenient access to New York City. The township provides a sophisticated suburban lifestyle within a well-maintained and highly sought-after community. It is an ideal location for professionals and families seeking top-tier services and a high standard of living.
Millburn Market Data
| Metric | Value |
|---|---|
| Median Home Price | $942K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $200K |
| Homeownership Rate | 69.0% |
| Renter-Occupied | 31.0% |
| Rental Vacancy Rate | 6.4% |
| Market Type | Balanced |
| Market Tier | Elite |
| Primary ZIP Code | 07041 |
Top Real Estate Agents in Millburn, Millburn
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Millburn, Millburn, NJ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10