So many first time home buyers search for a starter home in Millburn, NJ but find it challenging to find one with a starter price. Because Millburn is a very in demand town, buyers are often disappointed with the homes available in their price range. So exactly what makes Millburn starter homes so expensive?
There are actually quite a few reasons, beginning with the fact that Millburn has extremely favorable public transportation with easy access to both lower Manhattan as well as Midtown. So it draws tremendous attention from NYC commuters.
Another reason it is so attractive to home buyers is it’s highly rated public schools. Schools and location are two of the most important features in determining values in a given town. Add to this the fact that the neighborhoods are filled with character including tree lined streets and a wide variety of charming older homes and the values increase even more.
In addition to its easy access to New York City, top rated schools and beautiful environment, Millburn is also known for having a thriving downtown with shops, restaurants, casual coffee shops and a movie theatre. Not only is it a great place to dine and shop, but it also offers great local services like a hardware store, a yoga studio, a toy store, a Pilates studio, a cycling studio, and a top of the line bike store for serious riders.
To say I am so proud to bring out a new Millburn listing that is an ideal starter home with a starter price tag is an understatement. This 3 bedroom 1.1 bath colonial style home is updated and is set in a park like setting with almost a third of an acre of property. This means that buyers have the option for expansion should the need arise. The list price is $590,000. I expect it will sell quickly and potentially over the list price. But I guess we’ll have to wait and see if my starter price attracts throngs of buyers looking for a starter home. Take an online tour here