Residential Income

Millburn, NJ Residential Income Properties for Sale

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Wide-Lot Duplex
Updated: Aug 21
Wide-Lot Duplex

20 Blaine St, Millburn, NJ 07041

$1,700,000
Two‑family duplex configuration
Wide lot with two driveways
Generously sized backyard
Built in 1920
Near Downtown Millburn, train station, schools, parks, shopping, and dining
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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.

Mixed-Use Building with Loft Residences
Mixed-Use Building with Loft Residences

97 Baker St #999, Maplewood, NJ 07040

$3,900,000
12,016 sqft

RB-zoned property combines multiple commercial spaces with loft-style residences near the Maplewood train station.

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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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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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Six-Unit Apartment Building
Six-Unit Apartment Building

1358 Burnet Ave, Union, NJ 07083

$2,500,000

The combined offering includes residential rentals alongside an operating business.

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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.

Development Opportunity Overlooking Golf Course
Development Opportunity Overlooking Golf Course

1 Pierson Rd, Maplewood, NJ 07040

$1,900,000
1.47 AC lot

Rare 1.47-acre development site with golf course views.

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Approved Plans for Two-Family Home
Approved Plans for Two-Family Home

119 Brookside Ave, Irvington, NJ 07111

$300,000
0.09 AC lot

Vacant lot with approved plans for immediate construction.

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Commercial Land with Development Potential
Commercial Land with Development Potential

1594 Maple Ave, Hillside, NJ 07205

$599,900

Land with frontage in RC Zone, development possibilities.

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Scotch Plains Development Opportunity
Scotch Plains Development Opportunity

401 Acacia Road, Scotch Plains, NJ 07076

$3,500,000
6.37 AC lot

6.37 acres in Scotch Plains, endless development potential.

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Millburn, NJ Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Millburn, NJ on our real estate platform.

Sale prices for residential investment properties in Millburn, NJ average $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

Multifamily properties 2
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 $1.7M

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 Residential Income pricing trends in Essex County

Residential Income

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