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Millburn, 07041 Real Estate Overview

Today, January 7, 2010

Avg. Listing Price $898,911 Wk ending Dec 30

+$9,181
+1.0%
w-o-w

Median Sales Price $467,250 Sep '09 - Nov '09

-$128,750
-21.6%
y-o-y

37	Homes For Sale	2	Open Homes
59	Recently Sold	9	Foreclosures

Average Listing Price

$898,911

+1%

w-o-w

Median Sales Price

$467,250

-21.6%

y-o-y

Average price/sqft

$332

-3.5%

y-o-y

Number of Sales

-20%

y-o-y

More 07041 Market Trends

Select chart to embed:

Most popular
zip codes

Avg. listing price
Week ending Dec 30

w-o-w

07052

$502,866

-0.3%

07040

$480,988

-1.2%

07039

$886,429

+1.4%

07042

$781,259

-1.0%

07110

$438,824

-0.4%

Movers & Shakers

Avg. listing price
Week ending Dec 30

w-o-w

07108

$166,247

-19.7%

07114

$317,669

-10.6%

07112

$176,262

-7.3%

07017

$216,568

-5.0%

07111

$165,236

-3.1%

View Essex County Home Prices Map

The median sales price for homes in ZIP code 07041 in Millburn from Sep 09 to Nov 09 was $467,250 based on 16 sales. Compared to the same period one year ago, the median sales price decreased 21.6%, or $128,750, and the number of sales decreased 20%. Average price per square foot for homes in 07041 was $332, a decrease of 3.5% compared to the same period last year.

There are currently 37 resale and new homes in ZIP code 07041 on Trulia, including 2 open houses, as well as 9 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 07041 was $898,911 for the week ending Dec 30, which represents an increase of 1%, or $9,181, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Millburn Township School District

Public

—

Bergen County Special Services District

Public

—

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Millburn Senior High School

Public

9 - 12

Millburn Middle School

Public

6 - 8

South Mountain Elementary School

Public

PK - 5

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Millburn Schools

104 Mounta…

$1,175,000

5 br 4 ½ ba

107 Millbu…

$1,350,000

4 br 4 ba

670 Ridgew…

$439,000

4 br 2 ba

10B Lakesi…

$299,000

1 br 1 ba

894 Ridgew…

$699,000

3 br 1 ½ ba

39 Willow…

$589,000

4 br 2 ba

View all 07041 Homes for Sale

Cities

Median
sales price

Average
listing price

Vauxhall

$225,000

$253,544

Short Hills

$1,345,000

$2,213,866

Springfield

$400,000

$471,270

Maplewood

$450,000

$480,988

South Orange

$534,500

$580,864

Union

$285,000

$326,441

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Millburn, 07041 Real Estate Overview

Market View for 07041

Market Trends for 07041

Home Prices for Essex County

Millburn, 07041 Summary

Schools in Millburn

Community Info for Millburn

Homes for Sale in 07041

Recent Q&A in Millburn, NJ

Got a real estate question?

Nearby Cities Real Estate

Nearby Cities Sold Homes

Nearby Cities Home Prices

07041 Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close