07041 Home Values & Market Trends
There are 56 homes currently listed for 07041. 07041 real estate market trends show that home prices range from $775,000 to $2,999,000, and the median sales price in the 07041 zip code is $1,295,427.1. The total number of properties sold within the past twelve months is 76. In 07041, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
07041 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Millburn | $ 1,426,258 $ 708/sqft |
Housing Market Summary for 07041
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.3M | $1.1M | -17.61% |
| Median Sold Price | $1.2M | $1.1M | -8.38% |
| Homes For Sale | 19 | 51 | 168.42% |
| Homes Sold | 45 | 20 | -55.56% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07041
Browse Homes in 07041
The median list price of a home in Millburn, is $1,295,427.1. A total of 56 properties are for sale, and the percentage of properties for sale in the zip code is 93.33%. The total count of 07041 properties is 2,070.
- Pre-ForeclosurePre-foreclosure homes account for 0.14% of all residential properties in 07041 with Millburn containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07041; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,225,290 in Millburn to the lowest home value of $832,756 in Millburn.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07041 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07041. There is 1 cities within 07041; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMillburn has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07041. Auction homes and other auction properties account for 0.05% of all properties in 07041. There is 1 cities within 07041; of that cities, the median estimated home value for homes going to auction ranges from $1,089,951 in Millburn to the lowest value of $1,089,951 in Millburn.