Property prices for sale in Millburn (New Jersey)

The prices in real estate in Millburn, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$1,750,463
Average price last 6 months
$19,158
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Millburn has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $34,180. In July this price pretty much remained the same at a value of $32,713 per sq.feet. The price for the following two months in (August, September) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 66 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $21,597.5 to $14,279 during October, and November.

Average price

Based upon to the price in Millburn (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $1,803,400. In July This price remains at $1,821,889. During the following two months (August, September) the average price had a considerable reduction of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $1,871,121 they are 6 % more expensive than the average price for Millburn. Following this ranking we find those properties with 1 at an average price of $1,989,394. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,977,484.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $14,704 / sq.feet, with an average $28,179 / sq.feet price in Millburn. The properties with the lowest average prices have 1 bedroom. They are 47 % cheaper than the average followed by properties with 2 bedrooms with a price at $14,704 / sq.feet.

Price per property type

With regard to the average price based upon the property in Millburn we can see that most expensive property type is "Apartment" at a price of $1,977,484, they are 6 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 6 % more expensive than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $14,704 / sq.feet. "Apartment" with an average cost of $14,704 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Millburn
Number of properties used in region New Jersey
$1,871,121
$28,179
182
161,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Avalon Roseland
 32
Avalon Roseland
$3,180
Roseland, New Jersey - For Rent - Apartment
Avalon roseland offers spacious, masterfully designed 1, 2, and 3 bedroom townhome style apartment homes. Convenient to morristown, montclair, millburn, madison...
Avalon Roseland 3 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
 20
Avalon Roseland 3 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
$3,980
Roseland, New Jersey - For Rent - Apartment - 1,721 sq.feet - 3 bedrooms - 2 bathrooms
Avalon roseland offers spacious, masterfully designed 1, 2, and 3 bedroom townhome style apartment homes. Convenient to morristown, montclair, millburn, madison...
Avalon Roseland 2 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
 20
Avalon Roseland 2 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
$3,185
Roseland, New Jersey - For Rent - Apartment - 1,423 sq.feet - 2 bedrooms - 2 bathrooms
Avalon roseland offers spacious, masterfully designed 1, 2, and 3 bedroom townhome style apartment homes. Convenient to morristown, montclair, millburn, madison...
Avalon Roseland 2 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
 20
Avalon Roseland 2 Bedroom Apartment For Rent At 100 Avalon Boulevard, Roseland, Nj 07068
$3,255
Roseland, New Jersey - For Rent - Apartment - 1,450 sq.feet - 2 bedrooms - 2 bathrooms
Avalon roseland offers spacious, masterfully designed 1, 2, and 3 bedroom townhome style apartment homes. Convenient to morristown, montclair, millburn, madison...
Art Deco Charm And Gourmet Kitchen On Millburn Ave Millburn Millburn
 1
Art Deco Charm And Gourmet Kitchen On Millburn Ave Millburn Millburn
$1,895
Verona, New Jersey - For Rent - Apartment
Welcome neighbor dont wait to grab this stunning sun-filled modern apartment with art-deco charm. Rare opportunity to live in downtown millburn one block from the millburn...