USA.com / New Jersey / Essex County / Millburn, NJ / Housing

Millburn, NJ Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationCrime/Crime RateOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in NJ

High / Low NJ Cities by Males Employed

High / Low NJ Cities by Females Employed

Best / Worst Cities by Crime Rate in NJ

Richest / Poorest Cities by Income in NJ

Expensive / Cheapest Homes by City in NJ

Most / Least Educated Cities in NJ

As of 2005-2009, median price of a house in Millburn is $917,400, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The Millburn median house value has grown by 67.10% since 2000. The growth rate for the price of a house in Millburn is lower than the state average rate of 87.30% and is higher than the national average rate of 46.91%. The median year that a house in Millburn was built is 1948, which is older than the median year for a house built in the state which is 1964 and is older than the median year for a house built in the USA which is 1974.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,083 Owner Occupied Houses in Millburn, NJ, see rank

Millburn, NJ	917,400 USD
New Jersey	356,800 USD
U.S.	185,400 USD

Median House Price Growth Since 2000, see rank

Millburn, NJ	67.10%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2005-2009 data. View historical house value data.

Housing Occupancy

	Millburn, NJ	New Jersey	U.S.
Total Housing Units	6,623, see rank, 100%	3,492,160	127,699,712
Occupied Housing Units	6,211, 93.78%, see rank	90.28%	88.18%
Owner Occupied	5,083, 76.75%, see rank	60.62%	58.98%
Renter Occupied	1,128, 17.03%, see rank	29.67%	29.20%
Vacant Housing Units	412, 6.22%, see rank	9.72%	11.82%
For Rent	50, 0.75%, see rank	2.17%	2.52%
For Sale Only	10, 0.15%, see rank	1.07%	1.39%
Rented or Sold, Not Occupied	147, 2.22%, see rank	0.78%	0.99%
For Seasonal, Recreational, or Occasional Use	28, 0.42%, see rank	3.50%	3.45%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	177, 2.67%, see rank	2.19%	3.44%

*Based on 2005-2009 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, see rank

Millburn, NJ	New Jersey	U.S.
1948	1964	1974

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2005-2009 data. View historical year structure built data.

Mortgage Status

	Millburn, NJ	%	New Jersey	U.S.
Owner-Occupied Units	5,083	100%	2,116,888	75,320,422
With a Mortgage	3,707	72.93%, see rank	71.32%	68.07%
Without a Mortgage	1,376	27.07%, see rank	28.68%	31.93%

*Based on 2005-2009 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Millburn, NJ	4,001 USD
New Jersey	2,296 USD
U.S.	1,486 USD

Owner Costs Distribution

Monthly Owner Costs	Millburn, NJ	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.09%	0.25%
$300 to $499	0	0.00%, see rank	0.53%	2.04%
$500 to $699	19	0.51%, see rank	1.25%	5.81%
$700 to $999	8	0.22%, see rank	3.65%	15.11%
$1,000 to $1,499	53	1.43%, see rank	13.25%	27.52%
$1,500 to $1,999	133	3.59%, see rank	19.81%	19.69%
$2,000 to $2,999	781	21.07%, see rank	34.27%	18.64%
$3,000 or More	2,713	73.19%, see rank	27.15%	10.94%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Millburn, NJ	21.90% of the Total Income
New Jersey	28.10% of the Total Income
U.S.	24.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Millburn, NJ	%	New Jersey	U.S.
10% or Less	437	11.79%, see rank	4.06%	4.96%
10% to 20%	1,217	32.83%, see rank	22.29%	29.32%
20% to 30%	838	22.61%, see rank	28.67%	28.59%
30% to 40%	450	12.14%, see rank	17.95%	15.19%
40% or More	765	20.64%, see rank	26.74%	21.54%

*Based on 2005-2009 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Millburn, NJ	1,001 USD
New Jersey	852 USD
U.S.	419 USD

Owner Costs Distribution

Monthly Owner Costs	Millburn, NJ	%	New Jersey	U.S.
$199 or Less	0	0.00%, see rank	1.11%	9.53%
$200 to $299	0	0.00%, see rank	1.81%	17.52%
$300 to $499	0	0.00%, see rank	8.56%	35.99%
$500 to $699	26	1.89%, see rank	20.03%	19.44%
$700 or More	1,350	98.11%, see rank	68.50%	17.51%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Millburn, NJ	15.10% of the Total Income
New Jersey	18.50% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Millburn, NJ	%	New Jersey	U.S.
10% or Less	441	32.05%, see rank	21.21%	38.97%
10% to 20%	443	32.19%, see rank	32.48%	31.92%
20% to 30%	164	11.92%, see rank	17.54%	12.69%
30% to 40%	91	6.61%, see rank	9.39%	5.92%
40% or More	237	17.22%, see rank	18.63%	9.52%

*Based on 2005-2009 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Millburn, NJ	New Jersey	U.S.
Total Housing Units	6,623, 100%	3,492,160	127,699,712
1-unit, Detached	5,285, 79.80%, see rank	53.91%	61.57%
1-unit, Attached	105, 1.59%, see rank	9.20%	5.70%
2 Units	392, 5.92%, see rank	9.50%	3.94%
3 or 4 Units	223, 3.37%, see rank	6.52%	4.51%
5 to 9 Units	115, 1.74%, see rank	4.95%	4.87%
10 or More Units	492, 7.43%, see rank	14.88%	12.58%
Mobile Home, Boat, RV, Van, etc.	11, 0.17%, see rank	1.05%	6.85%

*Based on 2005-2009 data. View historical units in structure data.

Rooms

	Millburn, NJ	New Jersey	U.S.
Total Housing Units	6,623, 100%	3,492,160	127,699,712
1 Room	27, 0.41%, see rank	2.17%	1.39%
2 Rooms	55, 0.83%, see rank	2.72%	2.78%
3 Rooms	534, 8.06%, see rank	10.39%	9.07%
4 Rooms	410, 6.19%, see rank	15.07%	17.03%
5 Rooms	277, 4.18%, see rank	16.79%	21.24%
6 Rooms	571, 8.62%, see rank	16.50%	18.70%
7 Rooms	760, 11.48%, see rank	12.92%	12.36%
8 Rooms	1,165, 17.59%, see rank	10.68%	8.26%
9 Rooms or More	2,824, 42.64%, see rank	12.75%	9.16%
Median Rooms	8.10, see rank	5.70	5.40

*Based on 2005-2009 data. View historical rooms data.

Bedrooms

	Millburn, NJ	New Jersey	U.S.
Total Housing Units	6,623, 100%	3,492,160	127,699,712
No Bedroom	27, 0.41%, see rank	2.40%	1.66%
1 Bedroom	627, 9.47%, see rank	14.48%	11.48%
2 Bedrooms	637, 9.62%, see rank	25.96%	27.48%
3 Bedrooms	1,730, 26.12%, see rank	32.72%	39.79%
4 Bedrooms	2,065, 31.18%, see rank	19.01%	15.64%
5 or More Bedrooms	1,537, 23.21%, see rank	5.43%	3.94%

*Based on 2005-2009 data. View historical bedrooms data.

House Heating Fuel

	Millburn, NJ	New Jersey	U.S.
Total Housing Units	6,211, 100%	3,152,877	112,611,029
Utility Gas	5,334, 85.88%, see rank	71.71%	50.14%
Bottled, Tank, or LP Gas	54, 0.87%, see rank	2.13%	5.58%
Electricity	271, 4.36%, see rank	10.53%	33.56%
Fuel Oil, Kerosene, etc.	467, 7.52%, see rank	14.72%	7.38%
Coal or Coke	0, 0.00%, see rank	0.05%	0.12%
Wood	0, 0.00%, see rank	0.32%	1.89%
Solar Energy	0, 0.00%, see rank	0.01%	0.03%
Other Fuel	20, 0.32%, see rank	0.28%	0.42%
No Fuel Used	65, 1.05%, see rank	0.26%	0.88%

*Based on 2005-2009 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Millburn, NJ	New Jersey	U.S.
Occupied Units Paying Rent	1,062, 100%	999,842	35,101,833
$199 or Less	0, 0.00%, see rank	2.66%	2.52%
$200 to $299	0, 0.00%, see rank	2.99%	3.53%
$300 to $499	0, 0.00%, see rank	4.29%	10.66%
$500 to $699	0, 0.00%, see rank	7.34%	20.44%
$700 to $999	47, 4.43%, see rank	27.12%	29.94%
$1,000 to $1,499	543, 51.13%, see rank	37.53%	22.31%
$1,500 to $1,999	296, 27.87%, see rank	12.14%	6.90%
$2,000 or More	176, 16.57%, see rank	5.93%	3.71%
Median	$1,451, see rank	$1,059	$817

*Based on 2005-2009 data. View historical gross rent data.

Vehicle Available

	Millburn, NJ	New Jersey	U.S.
Occupied Housing Units	6,211, 100%	3,152,877	112,611,029
No Vehicles Available	243, 3.91%, see rank	11.59%	8.80%
1 Vehicles Available	1,329, 21.40%, see rank	34.01%	33.21%
2 Vehicles Available	3,451, 55.56%, see rank	37.15%	37.98%
3 or More Vehicles Available	1,188, 19.13%, see rank	17.25%	20.01%

*Based on 2005-2009 data. View historical vehicle available data.