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.
The median home value in Millburn, NJ is $1,327,500. 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 $1,327,500. 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.
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.