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    Millburn, NJ
    Residential Income

    Millburn, NJ Residential Income 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
    View details
    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
    View details
    See what stands out in Essex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    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.

    View details
    Mixed-Use Building with Loft Residences
    Mixed-Use Building with Loft Residences

    97 Baker St 999, Maplewood, NJ 07040

    $3,900,000
    12,000 sqft

    Downtown mixed-use property combines commercial suites with loft-style residential units near NJ Transit.

    View details
    Renovated Duplex with Two-Car Garage
    Renovated Duplex with Two-Car Garage

    1091 Alfieri Ct, Union, NJ 07083

    $1,099,900
    2,744 sqft

    Renovated two-family property with separate utilities, finished basement, and substantial off-street parking.

    View details
    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.

    View details

    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    Millburn, NJ Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Millburn, NJ on our real estate platform.

    Sale prices for residential income properties in Millburn, NJ start at $1,525,000, averaging $1,612,500, 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

    Multifamily properties 3
    Duplexes 2

    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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