Why Live in Milltown
Milltown, located in Middlesex County, Central Jersey, is steeped in historical charm with roots tracing back to a 1769 gristmill and a significant Michelin factory presence. This industrial past is reflected in the neighborhood's housing, which includes early 20th-century bungalows and colonials built for Michelin employees, alongside mid-century ranch styles and modern colonials and bungalows. Milltown features several parks, such as Mill Pond Park, offering fishing, picnic areas, and hiking trails, and David B. Crabiel Park, which includes sports fields and a playground. The Gloria Bradford Borough Park and Pardun Tennis Facility further enhance recreational options, with additional fishing available at Brook Park.
The neighborhood has evolved into a retail center, with Ryders Crossing hosting Urban Air Trampoline and Adventure Park and stores like Target and CVS. Heritage Plaza offers dining options such as Fresco Steak & Seafood Grill, Lox Stock & Deli, and Bagel Bazaar. Education is served by Milltown Public Schools, with students attending the highly rated Spotswood High School. Commuters enjoy proximity to New Brunswick for train access to New York's Pennsylvania Station, and the New Jersey Turnpike and Interstate 95 provide routes to Manhattan and Philadelphia. The NJ Transit system serves the area, and the Robert Wood Johnson University Hospital is 4 miles away, with Newark Liberty International Airport 25 miles away. Milltown's crime rate is lower than the national average, enhancing its residential appeal.
Home Trends in Milltown, NJ
On average, homes in Milltown, NJ sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in Milltown, NJ over the last 12 months is $595,500, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$595,500
Median Single Family Sale Price
$597,700
Median 2 Bedroom Sale Price
$380,000
Average Price Per Sq Ft
$363
Number of Homes for Sale
13
Last 12 months Home Sales
111
Median List Price
$582,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
