Median home value: $1203K (+7.0% YoY). Rent: $6,500/mo. Price-to-rent: 15.4x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$1,203,250
+7.0%
Rent$6,500/mo
AFFORDABILITYRenting $1,865/mo cheaper ($6,500 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Millburn.
$240,650 on $1,203,250
Out of reach — 133.8% of income
Need $358,500/yr to afford.
PITI$8,365
P/I133.8%
Afford$252K
Gap-$952K
P&I $5,771Tax $2,477Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing