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Cheap Homes in Millburn, NJ

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1 Snyder-st-Orange-NJ-07050
Foreclosure
$29,900 List Price

Snyder St
Orange, NJ 07050

1 Bed | 1 Bath | 1,606 Sq. Ft.

Bloomfield-ave-#-128-Bloomfield-NJ-07003
Tax Lien
$12,110 EMV

Bloomfield Ave # 128
Bloomfield, NJ 07003

Wallace-st-Orange-NJ-07050
Tax Lien
$41,557 EMV

Wallace St
Orange, NJ 07050

N-5th-st-Newark-NJ-07107
Tax Lien
$51,397 EMV

N 5th St
Newark, NJ 07107

Displaying 1 - 4 of 4
 

Foreclosure Homes in Millburn, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Millburn, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Millburn, NJ and much more. Save thousands at closing with home foreclosure listings in Millburn, NJ — up to 75% off market value!


Top Reasons To Live In Millburn, NJ In 2021

Millburn is located in Essex, New Jersey, with an estimated municipal population of 20,148 residents. All of the best foreclosed homes for sale in Millburn are located in the following zip code areas on Foreclosure.com: 07078 07041. The estimated population per square kilometer (.62 miles) in Millburn is 833.


Cost Of Living In Millburn, NJ

So, about how much do homes cost in Millburn? The most recent median value of resident-owned homes in Millburn is 1,129,505. An estimated 80.9 percent of households in Millburn own their homes, with an average family size of 3.33. The median household income in Millburn is 225,227, with73.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Millburn, the median commute time of resident workers (in minutes) is 45.8. And last, but certainly not least, are you looking for homes to rent in Millburn? If so, the average rent price paid by renters in Millburn is 1,816, according to recent statistics.


Diversity And Demographics In Millburn, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Millburn, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Millburn is 41, split between 50 percent male versus 50 female. The percentage of residents who report being married in Millburn is 70.3, with an average family size of 3.33.

The percentage of residents who report their race in Millburn is as follows:

White 65.8%
Black / African American 2.7%
Asian 25.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 3.2%

Looking for family-friendly neighborhoods in and/or near Millburn? Or maybe you are searching for 55+ active adult communities in and/or near Millburn?

The percentage of residents who report their age in Millburn is as follows:

Under 10 15.8%
Aged 10-19 17.5%
20s 4.8%
30s 9.6%
40s 18.3%
50s 16.1%
60s 9.2%
70s 5.6%
80+ 3.2%

Best Schools In Millburn, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Millburn with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Millburn.


Pros And Cons Of Living In Millburn, New Jersey

How do you know that living in -- or moving to -- Millburn is right where you need to be? Perhaps you grew up in Millburn or already live nearby; therefore, the decision to buy a home in Millburn is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Millburn for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Millburn:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Millburn.


Reasons To Move To Millburn, New Jersey, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Millburn can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Millburn, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Millburn, NJ

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