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    Millburn, NJ
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    Millburn, NJ Multifamily Properties for Sale

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    Updated Three-Story Duplex
    Updated: Jul 23
    Updated Three-Story Duplex

    23 Blaine St, Millburn, NJ 07041

    $1,525,000
    0.18 AC lot
    Two‑family configuration with a 3‑bedroom, 2‑bath second‑floor unit and 2‑bedroom, 1‑bath first‑floor unit
    Extensively renovated first floor with new insulation, flooring, appliances, kitchen, and bathrooms
    Three separate electrical panels plus a 200‑amp service upgrade, completed with permits
    Full HVAC installation across all levels; ductless cooling and steam/other heating
    0.18‑acre lot with public water, public sewer, shingle roof, basement, deck, and storage shed
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    Updated Two-Family Residence
    Updated: Jul 25
    Updated Two-Family Residence

    23 Blaine St, Millburn, NJ 07041

    $1,525,000
    Updated two‑family home built in 1914 with two fully renovated units and modern finishes throughout
    Second‑floor unit offers 3 bedrooms and 2 newly renovated full bathrooms; refreshed second‑floor kitchen with painted cabinets and new backsplash
    First‑floor unit features 2 bedrooms with a brand‑new bathroom and a fully updated kitchen
    Full HVAC system installed across all levels, plus fresh interior paint throughout
    Electrical upgrades include three separate electrical panels for each unit and a 200‑amp service upgrade completed with permits
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    Wide-Lot Duplex
    Wide-Lot Duplex

    20 Blaine St, Millburn, NJ 07041

    $1,700,000

    Two-family property with flexible outdoor space and convenient access to downtown amenities, schools, parks, shopping, dining, and transportation.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    23 Blaine St, Millburn, NJ 07041

    $1,575,000

    Renovated two-family property with modern kitchens, updated baths, full HVAC, and convenient access to schools, downtown, and direct NYC trains.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Millburn, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    1091 Alfieri Ct, Union, NJ 07083

    $1,099,900
    2,744 sqft 0.09 AC lot

    Two residential units feature updated interiors, separate utilities, central air, and access to a finished basement.

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    Maplewood Multifamily Property For Sale
    Maplewood Multifamily Property For Sale

    2075 Millburn Ave, Maplewood, NJ 07040

    $1,475,000
    1,000 sqft 0.31 AC lot

    Multifamily property in Maplewood with owner occupancy potential.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    1029 Gifford Ct, Union, NJ 07083

    $875,000
    0.12 AC lot

    Over-under configuration offers separate living spaces, private entrances, and dedicated utility and laundry areas for each residence.

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    Duplex With Updated Systems
    Duplex With Updated Systems

    3 Laurel Avenue, Maplewood, NJ 07040

    Contact for pricing

    Two-unit property with improved infrastructure, flexible laundry arrangements, and a fenced outdoor area.

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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 Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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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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    Millburn, NJ Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Millburn, NJ, showcased through 4 active listings on our real estate platform.

    Sale prices for multifamily properties in Millburn, NJ start at $1,525,000, averaging $1,581,250, and reaching up to $1,700,000 — 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 4

    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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