House Prices

House Prices & Home Values Millington, NJ 2026


Average Data

average house price$693,643
average size per house2217 ft²
average price per ft²313 $ / ft²

04/04/2026 - The value range (VR) for house prices in Millington, NJ is $334/ sqft to $334/ sqft. An average home with 2217 sqft costs approximately $740,478 to $740,478. Millington, NJ includes 1 ZIP codes and it is located in Morris county. The lowest prices are found in ZIP 07946, while the highest are in ZIP 07946. The average price per sqare feet is $313. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Millington

07946332 $ / ft²




Historical development of home values in Millington

Year Estimated value (USD) Change vs. 2025
2010 $322,140 -53.6%
2011 $309,683 -55.4%
2012 $308,849 -55.5%
2013 $320,393 -53.8%
2014 $336,325 -51.5%
2015 $353,586 -49.0%
2016 $372,039 -46.4%
2017 $392,119 -43.5%
2018 $413,798 -40.3%
2019 $432,985 -37.6%
2020 $455,368 -34.4%
2021 $517,932 -25.3%
2022 $603,792 -13.0%
2023 $636,727 -8.2%
2024 $673,563 -2.9%
2025 $693,643 0.0%

Graph: estimated home values in Millington over time (USD)



Example: 100% financing house in Millington

Loan amount: $693,643

Interest rate: 6.00%

Fixed monthly payment: $4,158.74

Breakdown in the 1st month:
Interest portion: $3,468.22  –  Principal portion: $690.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $41,386.87 $8,518.02 $685,124.98
2 $40,861.49 $9,043.39 $676,081.59
3 $40,303.72 $9,601.17 $666,480.43
4 $39,711.54 $10,193.35 $656,287.08
5 $39,082.83 $10,822.05 $645,465.03
6 $38,415.35 $11,489.53 $633,975.50
7 $37,706.71 $12,198.18 $621,777.33
8 $36,954.35 $12,950.53 $608,826.79
9 $36,155.59 $13,749.30 $595,077.50
10 $35,307.56 $14,597.32 $580,480.17
11 $34,407.23 $15,497.65 $564,982.52
12 $33,451.37 $16,453.51 $548,529.01
13 $32,436.55 $17,468.33 $531,060.68
14 $31,359.14 $18,545.74 $512,514.94
15 $30,215.28 $19,689.60 $492,825.34
16 $29,000.87 $20,904.01 $471,921.32
17 $27,711.56 $22,193.33 $449,728.00
18 $26,342.72 $23,562.16 $426,165.84
19 $24,889.46 $25,015.42 $401,150.42
20 $23,346.56 $26,558.32 $374,592.10
21 $21,708.50 $28,196.38 $346,395.72
22 $19,969.41 $29,935.47 $316,460.25
23 $18,123.06 $31,781.82 $284,678.42
24 $16,162.83 $33,742.06 $250,936.37
25 $14,081.69 $35,823.19 $215,113.17
26 $11,872.19 $38,032.69 $177,080.48
27 $9,526.42 $40,378.46 $136,702.02
28 $7,035.96 $42,868.92 $93,833.10
29 $4,391.90 $45,512.98 $48,320.12
30 $1,584.76 $48,320.12 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Millington, NJ


1500 sqft3900 sqft
Ø selling price$568,096$1,208,493
Ø fast selling$516,451$1,087,644
Ø high price sale$619,740$1,329,343

In 2026, houses in Millington, NJ will be offered at an average price of $313 per square foot. A 1,500 sqft home priced at $568,096 is 22.82% more expensive per square foot than a 3,900 sqft home priced at $1,208,493. Home prices in Millington, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $836,650. Sellers who can wait longer may achieve a higher price of up to $1,022,572.


Discover Millington, NJ

Overview

Nestled in Long Hill Township of Morris County, Millington, NJ blends small-town charm with convenient suburban living.
This welcoming community is known for tree-lined streets, a historic vibe, and proximity to the Great Swamp National Wildlife Refuge.

Location & Commute

Residents enjoy easy access to Routes 78 and 287 and the NJ Transit Gladstone Branch at Millington Station, offering straightforward connections to New York City.
The central location places Millington near neighboring towns like Stirling, Gillette, and Basking Ridge, expanding dining, shopping, and services.
With ZIP code 07946, the area attracts commuters seeking a peaceful base with strong connectivity.

Nature & Things to Do

Outdoor lovers explore miles of trails, birding, and education centers around the Great Swamp and The Raptor Trust.
Local parks, youth sports, and community events make living in Millington active and family-friendly.
After adventures, residents enjoy neighborhood cafes, cozy restaurants, and craft beverages in and around town, adding to the list of things to do in Millington NJ.

Schools & Real Estate

Millington is served by well-regarded schools within Long Hill Township, and many families highlight the strong sense of safety, volunteerism, and pride in place.
From classic colonials to updated townhomes, Millington NJ real estate offers a range of homes for sale that deliver value, curb appeal, and a true community feel.



FAQ – Home Values in Millington

What is the median home value in Millington in 2026?

In 2026, the typical home value in Millington is about $693,643 for an average home size of 2217 square feet. This corresponds to an average price of roughly $313 per square foot.

What is the average cost per square foot in Millington?

In 2026, homes in Millington sell for an average of around $313 per square foot, with a typical range between $334 and $334 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Millington is about 2217 square feet, with an estimated 2026 value around $693,643.



Locations close to Millington, NJ

Morris Plains, NJ314 $ / ft²
Morristown, NJ477 $ / ft²
Convent Station, NJ434 $ / ft²
Mendham, NJ280 $ / ft²
Madison, NJ352 $ / ft²
Lyons, NJ268 $ / ft²




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