What is the median home value in Milltown Borough, NJ?

Name: Home values in Milltown Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Milltown Borough, NJ is $458,800 (±$21,324), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Milltown Borough, the median home value went from $343,000 in 2015–2019 to $458,800 in 2020–2024 (+33.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $458,800 (±$21,324)
Owner-occupied homes: 2,175 (±204)
Most common range: $300,000 to $499,999

Home values in Milltown Borough

Owner-occupied homes by value, 2020–2024
Value	Milltown Borough	Middlesex County	New Jersey	United States
Less than $50,000	1.2% (±1.5 points)	2.2%	2.5%	5.3%
$50,000 to $99,999	0.5% (±0.8 points)	1.2%	1.8%	6.1%
$100,000 to $149,999	0.0% (±2.0 points)	1.3%	2.2%	6.8%
$150,000 to $199,999	0.0% (±2.0 points)	1.9%	4.3%	9.0%
$200,000 to $299,999	6.1% (±3.6 points)	8.5%	12.9%	17.8%
$300,000 to $499,999	57.1% (±8.9 points)	43.9%	34.2%	26.9%
$500,000 to $999,999	34.3% (±8.4 points)	37.8%	34.5%	20.9%
$1,000,000 or more	0.7% (±1.2 points)	3.3%	7.6%	7.1%

The most common range is $300,000 to $499,999, 57.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Milltown Borough against Middlesex County, its state and the nation

Estimate (90% margin of error)
	Milltown Borough	Middlesex County	New Jersey	United States
Median home value	$458,800 (±$21,324)	$462,900 (±$2,710)	$454,400 (±$1,150)	$332,700
Owner-occupied homes	2,175 (±204)	195,888 (±2,110)	2,239,128 (±10,678)	84,210,142

In Milltown Borough, the median home value is not measurably different from Middlesex County ($462,900).

It is not measurably different from New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Middlesex County, Milltown Borough ranks 11 of 25 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 264 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Milltown Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$343,000 (±$12,309)	$458,800 (±$21,324)	+33.8%	Up after inflation
Median owner cost with a mortgage	$2,708 (±$179)	$2,875 (±$331)	+6.2%	Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Milltown Borough

Nearest places with a published estimate, compared with Milltown Borough
Place	Distance	Median home value	Compared with this place
Milltown Borough	—	$458,800 (±$21,324)	—
East Brunswick Township	1.9 mi	$521,900 (±$19,447)	Higher
North Brunswick Township	2.3 mi	$431,500 (±$16,831)	Lower
New Brunswick	2.6 mi	$353,800 (±$13,158)	Lower
South River Borough	3.0 mi	$405,200 (±$22,018)	Lower
Highland Park Borough	3.5 mi	$471,700 (±$19,857)	Not measurably different
East Franklin	3.5 mi	$385,900 (±$26,905)	Lower
Voorhees	3.8 mi	$388,200 (±$57,020)	Lower
Spotswood Borough	4.5 mi	$369,900 (±$19,763)	Lower

Nearby places with a measurably lower figure: North Brunswick Township, NJ ($431,500), New Brunswick, NJ ($353,800), South River Borough, NJ ($405,200).

Nearby places with a measurably higher figure: East Brunswick Township, NJ ($521,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Middlesex County, place by place

Rank	Place	Median home value
5	Monroe Township (Middlesex County)	$540,900 (±$22,783)
6	East Brunswick Township	$521,900 (±$19,447)
7	Edison Township	$496,900 (±$9,051)
8	Highland Park Borough	$471,700 (±$19,857)
9	South Plainfield Borough	$470,900 (±$9,099)
10	Old Bridge Township	$461,000 (±$10,702)
11	Milltown Borough	$458,800 (±$21,324)
12	Piscataway Township	$449,900 (±$11,938)
13	Middlesex Borough	$446,400 (±$11,697)
14	Sayreville Borough	$444,100 (±$10,860)
15	Woodbridge Township	$433,000 (±$7,074)
16	North Brunswick Township	$431,500 (±$16,831)
17	Carteret Borough	$405,800 (±$22,374)

Showing 13 of 25 places in Middlesex County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Milltown Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Milltown Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Milltown Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Milltown Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Milltown Borough

What is the average home value in Milltown Borough, NJ?

The Census Bureau publishes the median: $458,800 (±$21,324) for owner-occupied homes in Milltown Borough (2020–2024 American Community Survey).

Have home values in Milltown Borough gone up?

In Milltown Borough, the median home value went from $343,000 in 2015–2019 to $458,800 in 2020–2024 (+33.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Milltown Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Milltown borough, Middlesex County, New Jersey (county subdivision:46620, in state:34 county:023).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.