City:

Millburn, NJ

Millburn is a city in the state of new-jersey with a population of roughly 6,770. It is in Essex County, New Jersey the New York-Newark-Jersey City, NY-NJ-PA core-based statistical areas (CBSA), and the New York-Newark, NY-NJ-CT-PA combined statistical area (CSA).Its Zip codes include 07041 .

The Changing Face of Millburn: Trends in Home Prices

Real estate in Millburn, NJ is a hot commodity. The township has a population of just over 27,000 people and is located within Bergen County. The average sale price for a home in Millburn was $1,049,500 in 2017. This represents an increase of 5% from the previous year and indicates that there is strong demand for homes in this area.

One reason for the high demand for homes in Millburn is the close proximity to major cities like New York City and Newark. These cities offer a wealth of opportunities for residents and businesses alike, making it easy to find jobs and access top-notch education and healthcare facilities. Additionally, the township is situated within commuting distance of other popular destinations like Paramus and Hackensack.

There are many factors to consider when purchasing a home in Millburn. Some key considerations include: the school district your child will attend, commute time to work or school, crime rates, availability of recreational amenities, and whether you want to live near family or friends. If you are looking for an area with good real estate values and plenty of opportunity, then Millburn should be on your list!

Price Index: Newark, NJ-PA (MSAD)

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