NJ area data
Milltown, NJ
Milltown, NJ.
Population: 8,538 (Census ACS)
Home values & appreciation
- Median home value
- $625,186
- 1-year appreciation
- +6.8%
- 3-year appreciation
- +24.4%
- 5-year appreciation
- +43.5%
- 10-year appreciation
- +81.6%
- All-time peak (2026-07)
- $625,186
- House Price Index
- 430.8 (+5.2% YoY)
Market activity
- Median sale price
- $660,000
- Median list price
- $625,000
- Median days on market
- 13 days
- Sale-to-list ratio
- 105.6%
- 1-year forecast
- +2.5%
- New listings (monthly)
- 8
Rents
- 2-bedroom fair-market rent (HUD reference)
- $2,099/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
- 2
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- iceStorm, strongWind, winterWeather, coastalFlooding, coldWave
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 51.0 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 44
- Days with Good air quality
- 229
- Days with Unhealthy air quality
- 4
Walkability & transit
- Walkability index
- 7.2 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 27
- Nearest national park
- Morristown National Historical Park (23 mi)
- Nearest airport
- Werner Private Airport (8 mi)
- Nearest major airport
- Newark Liberty International Airport (EWR) (22 mi)
- Hospitals nearby (~15 mi)
- 15
- Avg hospital rating
- 2.5 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -3,660 tax filers
Housing stock
- Median year housing built
- 1,963
- Median annual property tax
- $10,001
- Mean commute to work
- 27 min
- Households with broadband internet
- 76.7%
Employment & development
- Total county employment
- 376,864
- Average weekly wage
- $1,510
- Top industries (by employment)
- Health Care, Professional Services, Administrative Services
- Annual residential building permits (county)
- 566
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 →