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Homes for Sale in Millburn, NJ

Top-tier schools, a charming downtown, and substantial residential prestige.

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Homes for sale in Millburn

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Looking for Millburn NJ real estate? CENTURY 21 Preferred Realty is the local expert for Millburn, NJ in Essex County. Browse current homes for sale, get a free home valuation, or connect with a Millburn, NJ real estate agent who knows every block of Millburn.

About Millburn & Short Hills

Why buyers and sellers choose Millburn.

Millburn Township, including the Short Hills section, is a 9.6-square-mile Essex County township of roughly 21,700 residents and one of the most prestigious residential markets in New Jersey. The combination of Millburn Township Public Schools (consistently top-ranked in the state), the Mall at Short Hills (one of the highest-grossing luxury malls in the country), the Paper Mill Playhouse, and direct Midtown Direct NJ Transit service from both Millburn and Short Hills stations to Penn Station Manhattan makes Millburn a magnet for upper-income buyers, particularly NYC transplants and finance/professional families. The housing stock reflects it: substantial center-hall colonials, English Tudors, mid-century estates, and a steady pipeline of custom new construction on tear-down lots.

Our Union office at 1915 Morris Avenue works the Millburn / Short Hills market across every transaction type: substantial single-family resales, custom builds, executive relocations, and luxury moves where the buyer pool is genuinely global. Millburn is a market where listing strategy and presentation operate at the highest level.

Millburn NJ homes for sale

Millburn Township's single-family stock breaks into three broad luxury tiers. Entry-level Millburn homes ($1.3M to $1.8M) are typically found in Millburn-proper (07041) around the downtown and train station: substantial center-hall colonials, English Tudors, and turnkey mid-century homes on the more accessible blocks. Mid-market Millburn / Short Hills homes ($2M to $3M) span both ZIPs, with the volume anchor in Short Hills (07078) on larger lots, four-to-five bedroom colonials and updated estates, plus the higher end of Millburn-proper. Higher-end Millburn homes ($4M to $7M+) are Short Hills estates and custom new construction on the marquee streets around Old Short Hills Road, Hartshorn, Glenwood, and near the South Mountain Reservation. A local Millburn realtor who works both ZIPs continuously is critical here; the difference between an executive-relocation-ready $2.5M Short Hills colonial and a similarly priced Millburn-proper Tudor is not something a non-local can price accurately.

Millburn-Short Hills neighborhoods & housing stock

Millburn is best understood as two areas: Millburn proper (around the downtown, train station, and Paper Mill Playhouse) is more accessible and walkable, with substantial colonials and Tudors on tree-lined streets. Short Hills (07078) is the higher-end section, larger estate-style homes, custom-built newer construction, and significantly higher pricing, particularly in the most-requested areas around Old Short Hills Road, Hartshorn, Glenwood, and the streets near the South Mountain Reservation. Buyers often shop both 07041 and 07078 ZIPs simultaneously, same schools, very different price points and lot sizes.

Millburn Township Public Schools, among NJ's best

Millburn Township Public Schools is consistently ranked among the top public school districts in New Jersey and frequently in the top 5-10 nationally. The K-12 system covers 5 elementary schools (Deerfield, Glenwood, Hartshorn, South Mountain, Wyoming), Millburn Middle School, and Millburn High School. MHS regularly sends graduates to top universities and is one of the primary reasons buyers specifically target Millburn-Short Hills over similar-pricing alternatives. Elementary feeder patterns are an important consideration, proximity to a particular elementary school (especially Hartshorn, Deerfield, and Glenwood) carries real value.

Commute, Midtown Direct from two stations

This is one of Millburn's biggest advantages. Both the Millburn station and the Short Hills station offer NJ Transit Midtown Direct service to Penn Station Manhattan, no transfer, in about 35-45 minutes depending on station and express vs local service. The Garden State Parkway is minutes away; Route 78 minutes south. Drive time to Midtown averages 40-50 minutes. The two-station configuration means most Millburn homes are within walking distance of a Penn Station-direct train, which is unusual and explicitly priced into the market.

Millburn home prices, July 2026

Millburn Township is running an approximate $1,850,000 single-family median on a rolling 12-month basis through July 2026, up 11.5% year-over-year. Homes averaged just 18 days on market and sold at 104.2% of list price, extraordinary pace for a market where the median trade sits near $1.85M and estate-tier trades routinely clear $3M to $7M+. This is a firmly seller-tilted luxury market, and off-market activity remains a meaningful share of $3M+ volume, meaning many trades never appear in the public MLS. Inventory remains tight across both 07041 (Millburn) and 07078 (Short Hills).

Buyer playbook. With homes going above ask in under three weeks and prices up 11.5% year-over-year, buyers need pre-approval or proof of funds, a clean offer, and the willingness to move within a week on the right home. Bidding wars are common at both the Millburn-proper entry tier ($1.3M to $1.8M) and the Short Hills mid-tier ($2M to $3M). Work with a local Millburn realtor who sees off-market inventory before it hits the MLS; that pipeline is where the best Short Hills estates are actually trading. Seller playbook. Well-prepared Millburn / Short Hills listings are among the strongest sell-side setups in New Jersey right now, but the pricing bar matters. Present cleanly, price to real recent comps in your ZIP and elementary feeder, and expect to hear from multiple buyers in the first week. For the full Essex County breakdown, see our July 2026 Essex County market report.

Millburn / Short Hills Market Focus

Four distinct markets, one township.

Millburn Township is not one market; it is four. Estate Short Hills trades on a global luxury buyer pool. Millburn-proper family colonials trade on Deerfield feeder patterns and downtown walkability. Downtown Millburn condos and townhomes trade on train-station convenience. And retail-corridor investment stock trades on Mall at Short Hills adjacency. Our Union office covers all four.

Short Hills Estates

Custom builds and legacy estates

Old Short Hills Road, Hartshorn, Glenwood, and the streets adjacent to the South Mountain Reservation. Substantial custom-built homes and gut-renovated legacy estates on lots that no longer trade at scale. Typical range $3M to $7M+, with off-market activity a meaningful share of $3M+ volume.

Millburn Township Family Homes

Center-hall colonials and Tudors

Substantial center-hall colonials, English Tudors, and turnkey mid-century homes on the Deerfield, Glenwood, and Hartshorn elementary feeders. Typical range $1.3M to $2.5M. This is the largest transaction segment, and elementary feeder patterns drive real premium.

Downtown Millburn Walkability

Train-station condos and townhomes

Boutique condos, townhomes, and walkable single-family stock within short walk to the Millburn train station, downtown restaurants, and the Paper Mill Playhouse. Popular with executive couples and downsizers who want Midtown Direct without the estate footprint.

Mall at Short Hills Corridor

Retail-adjacent and commercial

Adjacent to one of the highest-grossing luxury malls in the United States (Neiman Marcus, Bloomingdale's, Saks, Nordstrom). The retail-corridor tax base is a meaningful part of why Millburn services and schools operate at the level they do, and there is a small investment-property segment worth watching.

Millburn Market Snapshot · July 2026

Millburn / Short Hills, in the data.

Rolling 12-month single-family activity across ZIPs 07041 (Millburn) and 07078 (Short Hills). Source: Garden State MLS closings reporting through July 2026.

$1,850,000
Median sale price
18 days
Median days on market
104.2%
Sale-to-list ratio
+11.5%
Year-over-year appreciation
Top Millburn ZIPs by activity
07078 · Short Hills
Estate luxury tier · $2M to $7M+ · custom builds, Old Short Hills Road, Hartshorn
07041 · Millburn
Family-home tier · $1.3M to $2.5M · center-hall colonials, downtown walkability
Buyer note
Multiple offers common at both entry and estate tiers · pre-approval required
Seller note
Well-prepared listings clearing above list in under three weeks
Why Millburn / Short Hills

The four things that anchor the demand.

Schools

Millburn High School is ranked #2 in New Jersey and frequently in the top 10 nationally. Elementary feeder pattern drives real pricing premium, especially for Deerfield, Hartshorn, and Glenwood districts.

NYC Commute

Approximately 35 minutes to Penn Station Manhattan via NJ Transit Midtown Direct, no transfer, from both the Millburn and Short Hills stations. Most homes walkable to a Penn-direct train.

Luxury Retail

The Mall at Short Hills is one of the highest-grossing luxury malls in the country (Neiman Marcus, Bloomingdale's, Saks Fifth Avenue, Nordstrom). A regional destination that supports the tax base and cachet.

Community Vibe

Downtown Millburn walkability, the Paper Mill Playhouse, tree-lined streets, and a stable community with strong civic involvement. Established family-focused feel across both ZIPs.

Local Expertise

Ten neighborhoods, one specialty.

Buyers moving into Millburn / Short Hills routinely compare with the surrounding luxury and Midtown-Direct communities. Our Union office covers all of them; here is where we work day to day.

Short Hills (07078)

Estate luxury tier. Old Short Hills Road, Hartshorn, Glenwood. Custom builds, gut renovations, off-market activity common at $3M+.

Millburn Township (07041)

Family-home tier. Center-hall colonials, English Tudors, downtown walkability, Paper Mill Playhouse, train-station proximity.

Wyoming Section

Substantial single-family stock feeding Wyoming Elementary. Sought-after by families targeting a specific elementary school.

South Mountain

Streets adjacent to the South Mountain Reservation. Large lots, outdoor access, luxury single-family pricing.

Springfield

Adjacent Union County town. More accessible price bands with strong schools and Route 78 access.

Summit

Top-ranked schools and Midtown Direct service. Frequently compared with Millburn; commonly shopped in parallel.

Chatham

Morris County luxury with Midtown Direct service. Substantial colonials, strong schools, tight inventory.

Livingston

Essex County neighbor. Larger-lot single-family homes, strong schools, and a different suburban character.

Maplewood

Adjacent Essex County town with Midtown Direct service. More accessible pricing, strong civic and arts community.

West Orange

Larger Essex County town with substantial home stock, wide price range, and easy Route 280 access.

Millburn Real Estate

Questions buyers and sellers ask us.

What's the median home price in Millburn NJ?

Per July 2026 GSMLS data, the median Millburn Township single-family sale price runs approximately $1,850,000, up 11.5% year-over-year on a rolling 12-month basis. Homes averaged 18 days on market and sold at 104.2% of list price. The overall Millburn / Short Hills range spans entry-level $1.3M to $1.8M in Millburn-proper (07041), mid-market $2M to $3M across Short Hills (07078), and higher-end $4M to $7M+ for substantial estates and custom builds. Request a free home valuation for a specific home.

How are Millburn Township schools ranked?

Millburn Township Public Schools is consistently ranked among the top public school districts in New Jersey, with Millburn High School ranked #2 in NJ in most recent statewide surveys and frequently placed in the top 5 to 10 nationally. The K-12 system covers 5 elementary schools (Deerfield, Glenwood, Hartshorn, South Mountain, Wyoming), Millburn Middle School, and Millburn High School. MHS regularly sends graduates to Ivy League and other top universities. Elementary feeder patterns are an important consideration; proximity to a particular elementary school (especially Hartshorn, Deerfield, and Glenwood) carries real value.

What's the difference between Millburn and Short Hills?

They are the same township. Millburn proper (ZIP 07041) is centered around the downtown, train station, and Paper Mill Playhouse, more accessible and walkable, with substantial center-hall colonials and English Tudors. Short Hills (ZIP 07078) is the higher-end section: larger estate-style homes, custom-built new construction, and significantly higher pricing. Same excellent schools, meaningfully different price points. Buyers commonly shop both ZIPs simultaneously.

How long is the NYC commute from Millburn?

Approximately 35 minutes to Penn Station Manhattan via NJ Transit Midtown Direct service, no transfer. Both the Millburn station and the Short Hills station offer Midtown Direct trains, so most Millburn homes are within walking distance of a Penn Station-direct train. The Garden State Parkway is minutes away; Route 78 minutes south. Drive time to Midtown averages 40-50 minutes off-peak.

What are the best neighborhoods in Millburn?

In Short Hills (07078), the marquee blocks are Old Short Hills Road, Hartshorn, Glenwood, and the streets near the South Mountain Reservation. Wyndemere and the Wyoming Section are also highly sought after. In Millburn-proper (07041), the streets around the downtown train station and the Deerfield elementary feeder are the most walkable and family-focused. Elementary feeder patterns carry real premium in this market.

What's the property tax rate in Millburn?

Millburn Township's effective property tax rate typically runs around 1.9% to 2.1% of assessed value, with total property tax bills reflecting the substantial home values here. On a median $1.85M home, expect annual taxes in the mid-$30,000s range depending on assessment. Your CENTURY 21 Preferred agent can pull the exact current millage rate and estimated taxes for any specific property. Request a free valuation for a specific address.

Are there luxury estates in Short Hills?

Yes. Short Hills is one of the premier luxury estate markets in New Jersey. The higher-end tier ($4M to $7M+) is anchored by substantial custom-built homes on Old Short Hills Road, Hartshorn, Glenwood, and the streets adjacent to the South Mountain Reservation. New construction on tear-down lots and gut renovations of significant older estates are both active segments. Off-market activity is a meaningful share of $3M+ volume; a local agent with an off-market pipeline is essential at this price band.

How competitive is the Millburn housing market?

Very. July 2026 Millburn single-family closings averaged 18 days on market at 104.2% of list price, meaning most well-priced homes go under contract in under three weeks and above ask. Bidding wars are common at both the Millburn-proper entry tier ($1.3M to $1.8M) and the Short Hills mid-tier ($2M to $3M). Buyers need pre-approval or proof of funds in hand, a clean offer with limited contingencies, and the flexibility to move within a week on the right home.

Which CENTURY 21 Preferred office serves Millburn?

Our Union office at 1915 Morris Avenue works the Millburn / Short Hills market across all transaction types, substantial single-family resales, custom builds, executive relocations, and luxury moves. Call (908) 688-4200 or request a free home valuation to start.

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