40 Ocean St, Millburn, NJ 07041
SOLD
AUG 6, 2026

$1,672,200

Trulia Estimate
  • Studio

40 Ocean St, Millburn, NJ 07041

Est. Refi. Payment $11,835/mo*
Refinance Your Home
Currently Off Market - Sold Aug 6, 2026 for $1,661,000 (2% above list price)

Home Value

Trulia Estimate
$1.67M
Since last month
Increased$6K (+0.3%)
Since last year
Increased$568K (+51.4%)
Since last sale
Increased$12K (+0.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +98% in the last 10 years
MonthEstimated value
2026
September 2026$1.67M
August 2026$1.67M
July 2026$1.21M
June 2026$1.21M
May 2026$1.21M
April 2026$1.16M
March 2026$1.14M
February 2026$1.1M
January 2026$1.07M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
287 Main St, Millburn, NJ
0.14
Multi-Family Home
$1,325,000
10/02/25
-
-
35 Church St, Millburn, NJ
0.31
Multi-Family Home
$1,540,000
02/13/26
-
-
49-51 Caldwell Pl #5, Springfield, NJ
0.54
Multi-Family Home
$998,400
02/19/26
-
-
20 Maple Ave, Springfield, NJ
0.52
Multi-Family Home
$640,000
06/12/26
-
-
29B Blaine Street, Millburn, NJ
0.32
Multi-Family Home
$1,470,000
07/28/26
4
4.5
-
790 Valley St, Vauxhall, NJ
1.37
Multi-Family Home
$610,000
09/15/26
-
-
2505 Girard Pl, Union, NJ
1.40
Multi-Family Home
$760,000
01/09/26
-
-
1091 Alfieri Ct, Union, NJ
1.45
Multi-Family Home
$628,000
03/24/26
8
5
2,744
1091 Burnet Ave, Union, NJ
1.42
Multi-Family Home
$852,000
08/07/26
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
33B Ocean St, Millburn, NJ 07041
0.02
$1,452,400
4
5
-
Off Market
45 B Ocean St #B, Millburn, NJ 07041
0.01
$1,495,000
3
4
2,200
For Sale
9B Orchard St, Millburn, NJ 07041
0.04
$1,144,600
4
4
-
Off Market
19A Ocean St #A, Millburn, NJ 07041
0.06
$1,285,000
4
5
-
Recently Sold
245 Main Street, Millburn, NJ 07041
0.07
$563,500
2
2
-
Off Market
48 Mechanic St #A, Millburn, NJ 07041
0.05
$1,128,200
3
5
-
Off Market
48 B Mechanic St #B, Millburn, NJ 07041
0.05
$1,128,200
3
5
-
Off Market
33A Willow St #A, Millburn, NJ 07041
0.08
$1,172,900
4
4
-
Off Market
33B Willow St #B, Millburn, NJ 07041
0.08
$1,172,900
4
4
-
Off Market
241 Main St, Millburn, NJ 07041
0.08
$796,300
Studio
-
-
Off Market
27A WILLOW STREET #A, Millburn, NJ 07041
0.08
$1,488,000
3
4
2,200
For Sale

Local Information

  • Map ViewExplore the area around 40 Ocean St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1975

About this House

This multi-family home is located at 40 Ocean St, Millburn, NJ. 40 Ocean St is in Millburn, NJ and in ZIP code 07041. This property has a lot size of 3920 sqft and was built in 1975.
40 Ocean St, Millburn, NJ 07041 is a studio multi-family built in 1975. It last sold for $1,661,000 on Aug 6, 2026 (2% above the $1,625,000 asking price). More recently, it was listed as a rental in July 2021 with an asking price of $2,700 per month. That rental listing was removed on July 15, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,672,200, with a rent estimate of $3,097/month.
Last check for updates: about 17 hours ago
Listed by Hwa Jung Chung, (908) 273-2991
Keller Williams Realty
Bought with: Saritte Harel
Source: GSMLS, MLS#4045433

Home Details for 40 Ocean St

Active Status

MLS Status: Closed

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,625,000

Location

Direction & Address
City: Millburn Twp.

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

Mls Number: 4045433Attribution Contact: 908-273-2991

Price and Tax history

DateEventPrice
Aug 6, 2026
Source: GSMLS #4045433
Sold
$1,661,000
Jul 15, 2021
Source: N/A
Sold
$2,700
Jul 15, 2021
Source: Weichert Realtors
ListingRemoved
Jul 9, 2021
Source: Weichert Realtors
Listed For Rent
$2,700
Sep 17, 2020
Source: N/A
Sold
$2,500

Market trends in Millburn

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
4MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Millburn

At least 73 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 86 % Say it's walkable to restaurants

  • 85 % Say people would walk alone at night

  • 75 % Say it's walkable to grocery stores

  • 75 % Say it's quiet

  • 74 % Say car is needed

  • 72 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 67 % Say parking is easy

  • 66 % Say streets are well-lit

  • 60 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 58 % Say there are community events

  • 56 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Peter Davis
    "This is a tolerant community. But like most towns if you are not supposed to be there you will know and feel it. "
    0
    Flag
  • Sfeoli34
    "Great commute lots of eateries. Could get a bit backed up because of school drop offs in the morning and usually in the afternoon around 3 o'clock because the school is right on the main road. But it's like that near any school. Millburn is a great town. "
    1
    Flag
  • Sfeoli34
    "Beautiful town with really great shops and eateries. Very clean seems like a very tight community. Has quite a few one ways so a little hard to navigate at first. "
    0
    Flag
  • Secil Alpman
    "It is a great neighborhood with good schools. Downtown is lively. Diverse. Kids can walk to school if you live in the South Mountain area"
    0
    Flag
  • Crystalning
    "There is no traffic. The streets are relatively safe for kids as there are school guards everywhere. "
    1
    Flag
  • Fittocontinue
    "Dogs are not allowed in Taylor Park. They are allowed in the South mountain reservation however, on a leash."
    7
    Flag
  • Anandathomas1994
    "Schools, parks and neighborhood are safe. Quiet and peaceful. Great place to raise a family. School system ratings are great. "
    1
    Flag
  • Daniellembarry
    "I don’t use public transportation but there’s several midtown direct stations in the area that have several trains running. "
    0
    Flag
  • Stephanie G.
    "Millburn has the best school system, great for family. Great stores and restaurants to eat at. the park has event's that happen alot in the summer. there's a farmers market and the people are lovely "
    3
    Flag
  • Owilliamsowolabi
    "I have lived here for 13 years and love it. My neighbors are friendly and we have a great school system."
    2
    Flag
  • M
    "Nothing. I’m new here and pretty much feels like isolated. I don’t even know who’s living next doors. "
    1
    Flag
  • Umit T.
    "Wonderful place to work and live. Great schools and easy to commute to NEw York city. However, living expenses are higher compared to other neighbourhood areas."
    2
    Flag
  • Iloverelaxbear
    "There are various concerts at park. Safe and clean. Downside is the high school is a pressure cooker "
    1
    Flag
  • Ben
    "Music concerts every summer. Easter Day activities for kids. Some neighborhood will hold street potluck during the summer."
    1
    Flag
  • ff
    "Great place to live. Many parks, very good schools. Very nice downtown area with many restaurants and nice shops. "
    1
    Flag
  • Jefferson S.
    "my town has a great school system, which makes it one of the top ranked. the neighborhood is also very nice. quiet and very well lit. It is super safe to walk around. The town is very nice and lively. "
    2
    Flag
  • Jefferson S.
    "Dog owners would love the yard space of the houses. Also it is a friendly environment, where many people are dog owners. They also would enjoy the vet area distance around millburn."
    1
    Flag
  • Ndante54
    "Holiday Parades, Fourth of July festivals, Ladies night out things, etc High school events are good "
    1
    Flag
  • Laurenmurphychang
    "Street fairs, community events, ladies night out, restaurant week, art and craft festivals, beautiful landscaping, decorative for holidays "
    1
    Flag
  • Iloverelaxbear
    "Lived here 30 years best schools in the country safe and beautiful , 30 minutes to NYC , surrounded by nature, low land tax "
    0
    Flag
  • Surbhi
    "Excellent school district with excellent commute to the city"
    0
    Flag
  • Amy B.
    "This is the perfect Turn-Key investment opportunity, New Construction with all modern conveniences - close to town, train, shopping. Great quality of life at an affordable price!"
    0
    Flag
  • 126greenwooddrive
    "Millburn HS was ranked #1 by NJ Monthly Magazine in their 2008 biannual listing of schools in NJ; the school is also nationally ranked. 38% of graduating seniors attend Ivy League schools. The neighborhood is a short walk to the train, parks, elementary school, downtown shops and restaurants and more. Town amenities include tennis courts, basketball courts, fitness trails, a remodeled pool complex (the envy of neighboring towns), par-3 course, numerous baseball/softball diamonds and more. South Mountain Reservation is located just behind the public library and features 10+ miles of walking/hiking/jogging trails, ponds, creeks and great hills for sledding. The Short Hills Mall is also located in town limits and provides a nice tax base that lowers our property taxes relative to nearby towns. The train ride to NY Penn Station is approximately 35 minutes during rush-hour."
    0
    Flag
  • Anjali
    "Large corner property that overlooks a park/playground. Absolutely beautiful property in an A+ town. Ideal for a family with school age children."
    0
    Flag

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Frequently asked questions about 40 Ocean St

  • What is 40 Ocean St estimated to be worth?
    Trulia's estimated value for 40 Ocean St in Millburn, NJ is $1,672,200.
  • What is the price history for 40 Ocean St?
    40 Ocean St in Millburn, NJ last sold for $1,661,000 in August 2026.
  • Is Millburn a buyer's or seller's market?
    Millburn is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Millburn?
    Residents describe Millburn, NJ as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Millburn, NJ.

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18 rentals with a washer/dryer in Millburn, NJ

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