07041 Home Values & Market Trends
There are 59 homes currently listed for 07041. 07041 real estate market trends show that home prices range from $775,000 to $2,450,000, and the median sales price in the 07041 zip code is $1,459,752. The total number of properties sold within the past twelve months is 72. In 07041, 5 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
07041 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Millburn | $ 1,459,752 $ 742/sqft |
Housing Market Summary for 07041
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.2M | $1.4M | 16.17% |
| Median Sold Price | $1.2M | $1.5M | 27.69% |
| Homes For Sale | 24 | 59 | 145.83% |
| Homes Sold | 64 | 20 | -68.75% |
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 $1,459,752. A total of 59 properties are for sale, and the percentage of properties for sale in the zip code is 59.00%. The total count of 07041 properties is 92.
- Pre-ForeclosurePre-foreclosure homes account for 5.43% of all residential properties in 07041 with millburn containing 5 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 $1,366,262 in millburn to the lowest home value of $805,628 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.
- AuctionsN/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.
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Guide for 07041
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.