07041
Millburn, New Jersey.
Millburn, Essex County, NJ · New York-Newark-Jersey City, NY-NJ-PA metro · population 7,532
to buy the typical home at today's mortgage rate — +$4,199 (+159%) since Jan 2020.
- 1 year
- Up $132,116 +11%
- $1,171,997$1,304,113 since Sep 2025
- 5 years
- Up $468,856 +56%
- $835,257$1,304,113 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 07041$6,845
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in zip 07041 rose 11.3% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Essex County, NJ 99% · Union County, NJ 1%
Zillow also publishes an index for the city itself: Millburn, NJ — measured over the city limits, which is a different area from this zip.
Asking rent — 07041
Against the New York-Newark-Jersey City, NY-NJ-PA metro and the national benchmark.
- 07041$3,196
- New York$3,546
- United States$1,932
Typical home value — 07041
Mid-tier homes, smoothed and seasonally adjusted.
- 07041$1,304,113
- New York$730,949
- United States$366,157
Within 20 miles
Showing 30 of 276 zips in range — sorting picks from all 276.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 0.9 | 07088 | Vauxhall | 2,901 | — | $465,238 |
| 1.7 | 07040 | Maplewood | 25,613 | $2,875 | $960,088 |
| 1.9 | 07078 | Short Hills | 14,613 | $7,342 | $2,379,910 |
| 2.1 | 07081 | Springfield | 17,171 | $2,617 | $700,286 |
| 2.6 | 07083 | Union | 58,170 | $2,586 | $576,973 |
| 2.8 | 07079 | South Orange | 18,539 | $3,094 | $1,065,701 |
| 3.2 | 07033 | Kenilworth | 8,401 | — | $625,327 |
| 3.5 | 07901 | Summit | 24,314 | $2,977 | $1,400,982 |
| 3.6 | 07111 | Irvington | 60,867 | $1,920 | $419,974 |
| 3.9 | 07106 | Newark | 36,383 | $2,064 | $462,342 |
| 4.2 | 07205 | Hillside | 22,349 | $2,350 | $518,351 |
| 4.3 | 07092 | Mountainside | 7,049 | — | $1,048,067 |
| 4.4 | 07204 | Roselle Park | 14,093 | $2,527 | $542,262 |
| 4.6 | 07039 | Livingston | 31,488 | $4,260 | $1,092,365 |
| 4.6 | 07016 | Cranford | 24,074 | $3,119 | $773,488 |
| 4.6 | 07050 | Orange | 34,181 | $1,970 | $462,182 |
| 4.7 | 07112 | Newark | 29,456 | $1,972 | $494,915 |
| 4.9 | 07018 | East Orange | 28,924 | $1,991 | $466,069 |
| 5.0 | 07052 | West Orange | 48,620 | $2,920 | $689,653 |
| 5.1 | 07027 | Garwood | 4,885 | — | $677,525 |
| 5.2 | 07208 | Elizabeth | 31,937 | $2,080 | $592,650 |
| 5.3 | 07108 | Newark | 28,790 | $2,065 | $507,455 |
| 5.3 | 07203 | Roselle | 22,646 | $2,488 | $516,454 |
| 5.4 | 07090 | Westfield | 31,111 | $2,973 | $1,305,612 |
| 5.6 | 07103 | Newark | 37,293 | $2,149 | $399,304 |
| 5.7 | 07974 | New Providence | 13,349 | $3,198 | $1,004,734 |
| 5.9 | 07928 | Chatham | 19,974 | $3,106 | $1,369,976 |
| 5.9 | 07017 | East Orange | 40,910 | $1,997 | $486,429 |
| 6.1 | 07932 | Florham Park | 11,977 | $3,724 | $1,050,627 |
| 6.5 | 07202 | Elizabeth | 44,968 | $2,273 | $519,151 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.