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    Millburn, NJ
    Residential Income

    Millburn, NJ Residential Income Properties for Sale

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    Updated Two-Family Duplex
    Updated: Jul 23
    Updated Two-Family Duplex

    23 Blaine St, Millburn, NJ 07041

    $1,525,000
    0.18 AC lot
    Two‑family home built in 1914 with steam heating and ductless cooling
    Extensively renovated interior features include tile and wood floors, smoke and carbon monoxide detectors
    Second‑floor unit has 3 bedrooms and 2 newly renovated full bathrooms; refreshed second‑floor kitchen with freshly painted cabinets and new backsplash
    First‑floor unit has 2 bedrooms with a brand‑new bathroom and a fully updated kitchen
    Full HVAC system installed across all levels with fresh interior paint throughout
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    Renovated Two-Family Duplex Home
    Updated: Apr 22
    Renovated Two-Family Duplex Home

    16 Old Short Hills Road, Millburn, NJ 07041

    $1,549,000
    1,850 sqft
    Two‑family home built in 1950 with finished full basement including French drain
    Fully gut‑renovated about 18 months ago
    Each unit offers 3 bedrooms and 2 full bathrooms across two floors (each unit spans over 1,800 SF)
    Two private driveways with no shared parking
    Covered front porch plus open patio for outdoor space
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    Updated Two-Family Residence
    Updated Two-Family Residence

    23 Blaine St, Millburn, NJ 07041

    $1,525,000

    Two fully renovated units with new HVAC, electrical upgrades, and updated kitchens and baths throughout.

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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 11 Potential Opportunities for your consideration. Besides 3 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.

    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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    Residential Income Duplex
    Residential Income Duplex

    3 Laurel Ave, Maplewood, NJ 07040

    $619,900
    0.09 AC lot

    Duplex home with two units, a non-driving garage storage area, and updated roof, water heaters, and replaced plumbing lines.

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    Two-Family Duplex with Detached Garage
    Two-Family Duplex with Detached Garage

    16 Russell Pl, Summit, NJ 07901

    $1,200,000

    Two spacious units in a duplex offer separate utilities, enclosed front porches, and dedicated basement areas.

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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 Land Parcel For Sale
    Approved Land Parcel For Sale

    206 Brookdale Avenue, Newark, NJ 07106

    $1,400,000

    Land parcel approved for 30 units, shovel ready.

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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 3 residential income properties for sale in Millburn, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,850 square feet of properties for sale, with an estimated market value of $4,599,000.

    Sale prices for residential income properties in Millburn, NJ start at $1,525,000, averaging $1,533,000, and reaching up to $1,549,000 — 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 4
    Duplexes 3

    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 $1.5M

    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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