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    Millburn, NJ
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    Millburn, NJ Multifamily Properties for Sale

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    Updated Two-Family Home
    Updated: Apr 17
    Updated Two-Family Home

    23 Blaine St, Millburn, NJ 07041

    $1,575,000
    0.18 AC lot
    Unbeatable location: Walking distance to top‑rated schools, downtown Millburn, and direct NYC trains.
    Excellent investment opportunity: Two‑family home allows living in one unit while generating rental income from the other.
    Extensively renovated: Includes new bathrooms, updated kitchens, new flooring, fresh paint, and a repainted deck.
    Significant upgrades: Full HVAC system, three separate electrical panels, and a 200‑amp service upgrade.
    First floor fully gutted and rebuilt: Features new insulation, flooring, kitchen, appliances, and bathroom.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Millburn, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Solar and Redone Roof
    Duplex with Solar and Redone Roof

    3 Laurel Ave, Maplewood, NJ 07040

    $629,900
    0.09 AC lot

    Duplex with a newly redone roof, solar panel system, and updated plumbing, including included appliances and in-unit laundry.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    26 Orchard St, Summit, NJ 07901

    $650,000
    0.15 AC lot

    Two-unit residential income property sold strictly as-is in Union County, NJ.

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    Summit Multifamily Investment Opportunity
    Summit Multifamily Investment Opportunity

    57 Park Ave, Summit, NJ 07901

    $1,900,000
    4,300 sqft 0.08 AC lot

    Five residential units in prime Summit location with value-add potential.

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    Maplewood Multifamily Property For Sale
    Maplewood Multifamily Property For Sale

    2075 Millburn Ave, Maplewood, NJ 07040

    $1,300,000
    1,000 sqft 0.31 AC lot

    Multifamily property in Maplewood with owner occupancy potential.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Flatbush Development Property For Sale
    Flatbush Development Property For Sale

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    $1,249,000
    1,407 sqft 0.09 AC lot

    40 x 100 lot with R6, C1-2 zoning.

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    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

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    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

    View details

    Millburn, NJ Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Millburn, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,575,000.

    Sale prices for multifamily properties in Millburn, NJ start at $1,575,000, averaging $1,575,000, and reaching up to $1,575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 7,610
    Population Growth (5Y) +7.6%
    Median Household Income $220,923

    High-Yield Neighborhoods for Investment

    Identify Millburn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07041 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Property Tax per SF $5.89 per SF
    Tax Rate vs County Average 1.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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