For sale by owner

$1,199,900

416 Millburn Ave, Millburn, NJ 07041

3beds

1,881sqft

$8,171/mo

Get pre-qualified

MultiFamily

Built in 1968

-- sqft lot

$-- Zestimate^®

$638/sqft

$-- HOA

What's special

Detached garageCentral airCorner property

Prime opportunity for investor or savvy homeowner, this move-in condition 2-family is ideally situated between a vibrant downtown and top-ranked Millburn high school. The corner property features 2 driveways with a detached garage and 6 parking spaces. The home features central air and 2 steam boilers, with 2 electrical and nat gas meters. New roof 2025. Underground oil tank removed with NFA letter. Excellent rental history. Agents welcome. Contact owner: John Yen

42 days
1,220
36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Radiant, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Refrigerator, Washer

Features

Flooring: Hardwood
Has fireplace: No

Interior area

Total interior livable area: 1,881 sqft

Property

Parking

Total spaces: 2

Features

Exterior features: Vinyl

Lot

Size: 6,207 Square Feet

Details

Parcel number: 1201102000000016

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Other

Condition

New construction: No
Year built: 1968

Community & HOA

Location

Region: Millburn

Financial & listing details

Price per square foot: $638/sqft
Tax assessed value: $538,800
Annual tax amount: $10,878
Date on market: 9/2/2026

Estimated market value

Not available

Estimated sales range

Not available

$4,616/mo

Price history

Date	Event	Price
9/2/2026	Listed for sale	$1,199,900+172.7%$638/sqft
Source: Owner Report a problem
9/2/2015	Listing removed	$1,650$1/sqft
Source: Keller Williams - Summit #3246407 Report a problem
8/15/2015	Listed for rent	$1,650-16.5%$1/sqft
Source: KELLER WILLIAMS REALTY #3246407 Report a problem
5/7/2015	Sold	$440,000-16.8%$234/sqft
Source: GSMLS #3144425 Report a problem
6/5/2014	Price change	$529,000-8%$281/sqft
Source: Keller Williams Realty #3144425 Report a problem
5/25/2014	Listing removed	$1,975$1/sqft
Source: Coldwell Banker Residential Brokerage - Short Hills Office #3124619 Report a problem
5/25/2014	Listed for sale	$575,000$306/sqft
Source: Keller Williams Realty #3144425 Report a problem
3/15/2014	Listed for rent	$1,975$1/sqft
Source: Coldwell Banker Residential Brokerage - Short Hills Office #3124619 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,878 +1.9%	$538,800
2024	$10,679 -1.7%	$538,800
2023	$10,867	$538,800
2022	$10,867	$538,800
2021	$10,867 +4.5%	$538,800
2020	$10,399 +1.5%	$538,800
2019	$10,248	$538,800
2018	$10,248 -5.7%	$538,800
2017	$10,867 +2.3%	$538,800 +6.8%
2016	$10,620 +4.4%	$504,500
2015	$10,171 +4.2%	$504,500
2014	$9,757 +4.7%	$504,500
2012	$9,323 +3%	$504,500
2011	$9,051 +2.2%	$504,500
2010	$8,854 +5.2%	$504,500
2009	$8,420 +5.6%	$504,500
2008	$7,971 +10.1%	$504,500
2007	$7,240	$504,500 +47.7%
2006	--	$341,500
2005	--	$341,500
2004	$6,693	$341,500
2003	--	$341,500
2002	--	$341,500 +183.9%
2001	--	$120,300