07078 Real Estate Market Overview

Could Short Hills, NJ 07078 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 07078. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07078 such as Mi...llburn and Livingston. When you’re ready, Trulia has 77 resale and new homes in 07078 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$1,433,000

Median Sales Price

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$495

Price Per Sqft

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$4,850

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07078 show a -5% year-over-year drop in median sales price and a -3% drop in median rent per month.

Median Sales Price
The median sales price for homes in 07078 for May 24 to Aug 23 was $1,433,000 based on 50 home sales.
Price Per Square Ft.
Average price per square foot for 07078 was $495, a decrease of -10% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07078 for Jul 24 to Aug 24 was $4,850.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 07078 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.

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


Best Schools in 07078

There are 13 schools in 07078.

Elementary Schools
10

Hartshorn Elementary School

Public, K-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

The Winston School

Private, 3-8

N/A

The Montessori Children's Academy

Private, PK-8

High Schools
10

Millburn Sr High School

Public, 9-12

10

Summit Sr High School

Public, 9-12

9

Livingston Sr High School

Public, 9-12


Demographics

Get to know your neighbors in 07078 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
9%
Single residents
Home owners
98%
Home owners
Median age
40
Median age
Household income
$242,411
Median household income
College educated
87%
College educated

Commute

Most people in 07078 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
73% commute by car
0% commute by bike
26% commute by public transportation
0% commute by foot

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