Millburn NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Lot size:
0.17 Acres
Year built:
1895
Baths:
2.00
MLS#:
3923820

ADDITIONAL INFORMATION

Rare opportunity to own a 2-family starter home, with 2-car detached garage! EXTRA DEEP LOT (approximately 31 x 254), with great investment potential to enhance or expand/develop. CLOSE to the heart of downtown Millburn (.04 mi) filled with shops & restaurants, Taylor Park (.03 mi), and the Millburn Train Station (.07 mi). Located diagonally across the street from ShopRite, and across from two bus stops for the #70 bus. One side goes to Newark Penn Station & the Irvington Bus Terminal and the other bus to the Short Hills & Livingston malls. Each unit has 1 bedroom,1 bathroom, an eat-in-kitchen with pantry, living room, original hardwood floors, separate utilities (except water/sewer), and lots of natural light. Additionally, the 1st unit has hardwood floors with inlay borders, and the 2nd unit has a den! There is a partial, unfinished basement with hookups for 2 washers and 1 dryer, and a fruit tree in the huge yard. DO NOT DISTURB TENANTS OR WALK PROPERTY WITHOUT LISTING REP BEING PRESENT.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Millburn Real Estate

The median home value in Millburn, NJ is $1,442,250. This is higher than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in Millburn, NJ is $1,442,250. Approximately 79.09% of Millburn homes are owned, compared to 17.04% rented, while 3.87% are vacant. Millburn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millburn real estate agent to arrange a tour today!

Millburn, New Jersey has a population of 21,637. Millburn is more family-centric than the surrounding county with 55.37% of the households containing married families with children. The county average for households married with children is 30.18%.

The median household income in Millburn, New Jersey is $250,001. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Millburn is 41.3 years.

Millburn Weather

The average high temperature in July is 85.5 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 50.4 inches per year, with 24.7 inches of snow per year.

Millburn Real Estate Market Conditions

  • Median sales price

    $1,442,250
    13.9% change since last quarter
  • # Active listings

    19
    30-day change

Millburn Schools and Demographics

Education near Millburn, NJ

Metric City County
High School Graduates 97.55 86.67
College Degree - 2 year 2.78 6.13
College Degree - 4 year 85.17 36.65
Graduate Degree 30.42 10.56
Expenditures per Student 26,449 26,449
Students per Teacher 13.6 13.6

Elementary Schools near Millburn, NJ

School Grades Students P/T Ratio ZIP
Clinton Elementary School PK - 05 553 12 07040
Deerfield School KG - 05 560 15.6 07078
Edward V. Walton Primary School PK - 02 661 17.9 07081
Glenwood School KG - 05 477 15.3 07078
Hartshorn School KG - 05 539 13.9 07078
James Caldwell Elementary School 03 - 05 245 13.6 07081
Jefferson Elementary School 03 - 05 518 13.6 07040
Marshall Elementary School KG - 02 525 13.5 07079
Seth Boyden Elementary Demonstration School KG - 05 552 13.8 07040
South Mountain Elementary/Annex PK - 05 598 16.2 07079
South Mountain School PK - 05 348 11.4 07041
Thelma L. Sandmeier Elementary School 03 - 05 246 11.7 07081
Tuscan Elementary School KG - 05 607 13 07040
Wyoming School KG - 05 352 11.6 07041

Middle Schools near Millburn, NJ

School Grades Students P/T Ratio ZIP
Florence M. Gaudineer Middle School 06 - 08 506 11.8 07081
Maplewood Middle School 06 - 08 808 13.4 07040
Millburn Middle School 06 - 08 1,121 10.8 07041
South Orange Middle School 06 - 08 790 13 07079

High Schools near Millburn, NJ

School Grades Students P/T Ratio ZIP
Columbia High School 09 - 12 1,913 13.1 07040
Jonathan Dayton High School 09 - 12 630 13.2 07081
Millburn High School 09 - 12 1,472 11.7 07041

Ungraded Schools near Millburn, NJ

School Grades Students P/T Ratio ZIP
Millburn Regional Day School PK - 12 10 3.9 07041

Demographics near Millburn, NJ

Metric City County
Neighborhood Type Inner City
Population 21,637 852,720
Population Density 2,320 6,763
Median Age 41.3 37.8
People per Household 3 2.7
Median Household Income 250,001 67,826
Average Income per Capita 120,636 42,028