Housing in Milltown, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$665,000
Median List Price
$563,500
Price Per Sq Ft
$282
Days on Market
60
Active Inventory
12
Months of Supply
4.0
Balanced market
Zillow Home Value
$597,383
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
66.7%
Off Market in 2 Weeks
14.3%
Sale-to-List Ratio
96.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
4
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$282
Median List $/SF
$419
Milltown vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Milltown is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$423,000
Median Rent
$1,500
Total Housing Units
2,632
Vacancy Rate
2.6%
Owner Occupied
76.0%
Renter Occupied
24.0%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,217
Housing Types
The current median sale price in Milltown, NJ is $665,000 according to Redfin data. Homes spend a median of 60 days on the market. 66.7% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $282. The median rent is $1,500 per month (Census ACS). About 76.0% of housing units are owner-occupied. The median year homes were built is 1962. There are 2,632 total housing units.