Millburn Home Values Have Gone Up Since Recession

Millburn Home Prices

MILLBURN, NJ — A few housing markets in New Jersey have been hit hard by the recession. But according to a recent report, Millburn hasn't only been spared the agony, it's actually thrived since 2010 (see interactive map below). There's no better evidence of that than the below map provided by NJ Spotlight, which uses U.S. Census data to show the pain most homeowners are feeling as they watched their home values drop as much as 20 percent since their pre-2010 levels, when the Great Recession hit. But according to the report, the median home value is $1,021,700 in Millburn… a 10.6 percent increase from 2006-10.

Compare this to other Essex County towns which have seen double-digit drops, such as Newark (-22%),...

Millburn Township Voters Approve $25 Million Referendum

Millburn Voters Approve Day School Purchase, $25M Referendum

MILLBURN, NJ — Millburn voters have spoken… the school district will fork out about $25 million to purchase the Regional Day School on Spring Street and turn it into a fifth grade school.

Millburn voters overwhelmingly voted in favor of a $25.6 million school bond referendum on Tuesday. According to school administrators, the referendum passed with 2,506 “yes” votes and 846 “no” votes.

About 21 percent of approximately 15,000 eligible voters weighed in...

JUST LISTED: 34 Greenwood Drive, Millburn NJ

30 Westmount Drive Front Photo

This storybook Tudor is bright, beautiful, modern and fresh, newly painted inside and out, with refinished hardwood floors, crown moldings and tasteful updates in all the right places. 4 Bedrooms, 3 Full and 1 Half Baths, 1 Car Garage, open floor plan, custom upgrades throughout, in a private location with an expansive backyard on nearly 1/2 acre. This is a home built for today's luxury home buyer ... be prepared to fall in love.

Visit for more information about this beautiful home.