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2025 Compare Cities Housing:
Newark, NJ vs Millburn, NJ

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Highlights
- The median age of a home in Newark is 27.3% younger than the median age of a home in Millburn.
 Newark, NJMillburn, NJUnited States
 Median Home Age55  Unlock42
 Median Home Cost  Unlock$1,102,200$338,100
 Home Appr. Last 12 months9.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.7%57.0%
 Home Appr. Last 10 yrs.68.7%  Unlock101.1%
 Property Tax Rate  Unlock$29.1$11.0
 Homes Owned21.1%  Unlock57.4%
 Housing Vacant  Unlock3.9%11.2%
 Homes Rented69.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Newark, NJMillburn, NJUnited States
 Average Rent  Unlock$2,910$1,840
 Studio Apartment$980  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,940$1,180
 2 Bedroom Home or Apartment$1,390  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,950$1,860
 4 Bedroom Home or Apartment$2,070  Unlock$2,160
 space1
 Vacant Housing
 Newark, NJMillburn, NJUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Newark, NJMillburn, NJUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.1%4.5%
 $100,000 to $149,9998.1%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99926.3%  Unlock20.1%
 $300,000 to $399,999  Unlock0.4%13.6%
 $400,000 to $499,99911.5%  Unlock8.3%
 $500,000 to $749,999  Unlock9.1%9.7%
 $750,000 to $999,9992.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock32.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock15.8%1.1%
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 Housing Units By Year Built
 Newark, NJMillburn, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.3%13.6%
 2000 to 200912.0%  Unlock13.6%
 1990 to 1999  Unlock0.6%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock4.0%14.8%
 1960 to 196911.1%  Unlock13.6%
 1950 to 1959  Unlock20.7%10.0%
 1940 to 19499.3%  Unlock4.7%
 1939 or Earlier  Unlock35.8%12.2%
Transportation
Reviews for Newark    26 Reviews
David · Roanoke, VA
Horrible city
Over 4 years ago

Newark is straight garbage.  More

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Peter · Newark, NJ
Ironbound is crime ridden and police and politican
Over 10 years ago

Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Sheila · Ogden, UT
Crime
Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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Reviews for Millburn    2 Reviews
Best · Short Hills, NJ
My (Professional) Opinion
Over 6 years ago

If you want to kill both your mental health and your wallet at the same time, Millburn is the best place for you. The school system is great as long as your wallet is  More

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jeffrey · Short Hills, NJ
High School
Over 17 years ago

The public school system in Millburn is one of its strongest attractions. The school is one of the most competitive public high schools in the nation and is a feeder  More

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Learn More About Newark, New Jersey
Overview
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