NJ area data
Millburn, NJ
Millburn, NJ.
Population: 7,532 (Census ACS)
Home values & appreciation
- Median home value
- $1.33M
- 1-year appreciation
- +9.7%
- 3-year appreciation
- +29.7%
- 5-year appreciation
- +53.6%
- 10-year appreciation
- +85.5%
- All-time peak (2026-07)
- $1.33M
- House Price Index
- 430.8 (+5.2% YoY)
Market activity
- Median sale price
- $1.45M
- Median list price
- $1.60M
- Median days on market
- 12 days
- Sale-to-list ratio
- 105.5%
- Active listings
- 11
- 1-year forecast
- +3.1%
- New listings (monthly)
- 7
Rents
- Typical rent
- $4,433/mo
- 1BR fair-market rent
- $1,731/mo
- 3BR fair-market rent
- $2,729/mo
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 5
- Elementary schools
- 2
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- strongWind, winterWeather, coldWave, heatWave, inlandFlooding
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 50.2 in
Walkability & transit
- Walkability index
- 14.7 / 20
- Transit service frequency
- 338
Amenities
- National parks within ~60 mi
- 23
- Nearest national park
- Thomas Edison National Historical Park (6 mi)
- Nearest airport
- Newark Liberty International Airport (EWR) (7 mi)
- Nearest major airport
- Newark Liberty International Airport (EWR) (7 mi)
- Hospitals nearby (~15 mi)
- 51
- Avg hospital rating
- 2.9 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -4,174 tax filers
Housing stock
- Median year housing built
- 1,943
- Median annual property tax
- $10,001
- Mean commute to work
- 29 min
- Households with broadband internet
- 90.1%
Employment & development
- Total county employment
- 273,240
- Average weekly wage
- $1,593
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 144
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →