Population: 7,412 · Density: 2,132.8/mi² · Median household income: $199,602
Typical home value: $950,076 · Homeownership: 69.0%
Data as of January 2026. Source: Realtor.com.
The MILLBURN, NJ real estate market (07041) currently shows 9 active listings, with 2 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 25 days on market compared to 51 days last year.
The median listing price has risen 46.1% year-over-year, from $821,250 to $1,200,000.
Whether you are buying or selling in MILLBURN, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07041 | Millburn, NJ 07041 | 0.0 mi | 9 | $9,526,500 | $1,200,000 | $1,058,500 |
| 07040 | Maplewood, NJ 07040 | 1.7 mi | 29 | $21,809,189 | $649,500 | $752,041 |
| 07081 | Springfield, NJ 07081 | 2.1 mi | 26 | $15,034,578 | $599,000 | $578,253 |
| 07079 | South Orange, NJ 07079 | 2.8 mi | 33 | $30,493,287 | $985,000 | $924,039 |
| 07901 | Summit, NJ 07901 | 3.5 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
| 07106 | Newark, NJ 07106 | 3.9 mi | 27 | $13,426,425 | $455,000 | $497,275 |
| 07092 | Mountainside, NJ 07092 | 4.3 mi | 10 | $10,106,040 | $999,000 | $1,010,604 |
| 07039 | Livingston, NJ 07039 | 4.6 mi | 57 | $112,882,800 | $1,899,000 | $1,980,400 |
| 07050 | Orange, NJ 07050 | 4.6 mi | 36 | $19,569,708 | $499,000 | $543,603 |
| 07018 | East Orange, NJ 07018 | 4.9 mi | 31 | $13,392,930 | $387,000 | $432,030 |
| 07027 | Garwood, NJ 07027 | 5.1 mi | 10 | $8,349,750 | $784,950 | $834,975 |
| 07108 | Newark, NJ 07108 | 5.3 mi | 25 | $11,987,750 | $419,999 | $479,510 |
| 07090 | Westfield, NJ 07090 | 5.4 mi | 31 | $39,987,954 | $1,223,940 | $1,289,934 |
As of January 2026, there are 9 active listings in MILLBURN, NJ (zip code 07041), compared to 8 the prior year.
The median listing price in MILLBURN, NJ 07041 is $1,200,000 as of January 2026, a 46.1% increase from $821,250 the prior year.
Homes in MILLBURN, NJ 07041 spend an average of 25 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MILLBURN, NJ 07041 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 25 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in MILLBURN, NJ 07041 save an estimated $24,000 compared to a typical 5% commission on the median listing price of $1,200,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.