07041 Real Estate Market Overview

Could Millburn, NJ 07041 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 07041. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07041 such as Short... Hills and Summit. When you’re ready, Trulia has 20 resale and new homes in 07041 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$765,000

Median Sales Price

View Homes for sale

$411

Price Per Sqft

View Homes for sale

$3,800

Median Rent Per Month

View Homes for rent
  • Explore this area:

Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07041 show a -12% year-over-year drop in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 07041 for May 10 to Aug 9 was $765,000 based on 19 home sales.
Price Per Square Ft.
Average price per square foot for 07041 was $411, a decrease of -11% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07041 for Jul 10 to Aug 10 was $3,800.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 07041 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

View More

Crime data for the past year is not available at this location.


Best Schools in 07041

There are 11 schools in 07041.

Elementary Schools
10

South Mountain Elementary School

Public, PK-5

10

Glenwood Elementary School

Public, K-5

9

Deerfield Elementary School

Public, PK-5

Middle Schools
7

Millburn Middle School

Public, 6-8

N/A

N J Reg Day Millburn

Public, PK-12

N/A

St. Rose Of Lima School

Private, PK-8

High Schools
10

Millburn Sr High School

Public, 9-12

4

Union Senior High School

Public, 9-12

N/A

N J Reg Day Millburn

Public, PK-12


Demographics

Get to know your neighbors in 07041 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
27%
Single residents
Home owners
74%
Home owners
Median age
40
Median age
Household income
$139,965
Median household income
College educated
77%
College educated

Commute

Most people in 07041 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
69% commute by car
0% commute by bike
27% commute by public transportation
4% commute by foot

Nearby Cities You May Like