Housing in Millburn
Millburn's housing market runs genuinely, substantially expensive, with Short Hills specifically running even higher than downtown Millburn's own already-elevated figures.
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Learn moreDowntown Millburn's own real, substantial cost
Zillow's average home value in downtown Millburn ran $1,332,657, up 8.8% year-over-year, with a separately-cited July 2026 median sale price of $1,250,000.
Short Hills: a genuinely higher tier within the same township
Short Hills' own average home value ran $2,389,321 (up 6.9% YoY), with a three-month median sale price of $2.3 million (down a modest 1.8% year-over-year) -- among the highest housing costs of any market in this project's New Jersey buildout, and a real, disclosed step above downtown Millburn's own figures.
Real, sustained demand: fast time on market
Short Hills homes sell genuinely fast -- roughly 11 days on market, down from 16 the prior year -- a real, disclosed sign of strong, sustained buyer demand rather than a cooling market.
A real driver: elite schools and fast rail access
Millburn Township's own 10th-in-New-Jersey school district ranking (Niche 2026) and real, no-transfer Midtown Direct rail access are genuine, substantial drivers of this sustained housing demand across both downtown Millburn and Short Hills.
Key takeaways
- Downtown Millburn's average home value ($1,332,657) and Short Hills' own average value ($2,389,321) reflect a real, disclosed internal price tier.
- Short Hills homes sell in roughly 11 days on market, a genuine sign of strong demand.
- Millburn Township's elite school-district ranking and fast rail access are real, substantial demand drivers.
- Confirm current, address-specific pricing directly with a local agent given real month-to-month market movement.
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