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Single Family ResidenceResidential
$1,097,409$584 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $460,000 on Jan 5, 2009

40 SPRING ST

MILLBURN, NJ 07041
0
Baths
1,878 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1898
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.1M
$973K low$1.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$460,000 · Jan 5, 2009

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$10,612 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$525,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$298,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$226,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$525,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$525,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.56
72
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
64
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
96
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
47
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.16 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Millburn High SchoolA+
High · Grades 9–12 · 0.4 mi
M
Millburn Middle SchoolA-
Middle · Grades 6–8 · 0.5 mi
E
Wyoming Elementary SchoolA+
Elementary · Grades KG–4 · 1.1 mi

District: Millburn Township School District

Neighborhood · ZIP 07041These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.47
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.110

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.7,925
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,571 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$194,961
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$238,721
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Spring St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 82% of homes in Essex County
  • Costs more per square foot than 89% of homes in Essex County
  • Has a bigger lot than 67% of homes in Millburn 07041
  • Older than 96% of homes in Millburn 07041

What homes are worth in Millburn 07041

Each bar is how many homes fall in that price range. The marker is this home.

This home
$347K$2.4M

This home is worth more than 29% of homes in Millburn 07041.

How it measures up in Millburn 07041

The dot is this home. The mark in the middle is the typical home in Millburn 07041.

Estimated value$1,097,409
CheaperTypical $1,269,308Pricier

Pricier than 29% of homes nearby

Price per ft²$584
CheaperTypical $624Pricier

Pricier than 31% of homes nearby

Living area1,878 ft²
SmallerTypical 1,965 ft²Bigger

Bigger than 44% of homes nearby

Lot size0.2 ac
SmallerTypical 0.17 acBigger

Bigger than 67% of homes nearby

Year built1898
OlderTypical 1930Newer

Newer than 4% of homes nearby

How 40 Spring St ranks against every home in each area.
MeasureThis homeMillburn 07041Essex County
Estimated valuepricier than$1,097,40929% of homes82% of homes
Price per ft²pricier than$58431% of homes89% of homes
Living areabigger than1,878 ft²44% of homes42% of homes
Lot sizebigger than0.2 ac67% of homes67% of homes
Year builtnewer than18984% of homes6% of homes

About 40 Spring St

How much is 40 Spring St, Millburn, NJ worth?

The TopHap Estimate for 40 Spring St, Millburn, NJ is $1,097,409 as of Sep 24, 2026. The likely range is $972,705 to $1,222,113. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Spring St, Millburn, NJ last sell?

40 Spring St, Millburn, NJ last sold on Jan 5, 2009 for $460,000, according to the county's recorded deed.

How big is 40 Spring St, Millburn, NJ?

40 Spring St, Millburn, NJ has 1,878 square feet of living space and a 0.20-acre lot.

When was 40 Spring St, Millburn, NJ built?

40 Spring St, Millburn, NJ was built in 1898, making it 128 years old. The building has 2 stories.

What schools serve 40 Spring St, Millburn, NJ?

40 Spring St, Millburn, NJ is assigned to Millburn High School (high), rated A+; Millburn Middle School (middle), rated A-; Wyoming Elementary School (elementary), rated A+. All sit in Millburn Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Spring St, Millburn, NJ compare to other homes in Millburn 07041?

Among the 2,090 homes in Millburn 07041, it is worth more than 29% of them ($1,097,409 against a typical $1,269,308), its price per square foot is higher than 31% of them ($584 against a typical $624), it is bigger than 44% of them (1,878 ft² against a typical 1,965 ft²), its lot is bigger than 67% of them (0.2 ac against a typical 0.17 ac) and it is newer than 4% of them (1898 against a typical 1930). Measured against all of Essex County, it is worth more than 82% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Spring St, Millburn, NJ?

The 2025 property tax bill for 40 Spring St, Millburn, NJ was $10,612. The county assessed it at $525,600.

More homes on Spring St

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More homes in Millburn 07041

Assigned schools

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