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Millburn (Short Hills) vs Newark, NJ

Property taxes, schools, NJ Transit pass and monthly cost for Millburn (Short Hills) and Newark, side by side with sources.

At a glance

  • Lower tax billNewark, $7,641 a year
    More info

    Newark has the lower 2025 average residential tax bill: $7,641 a year, $18,657 less than $26,298 in Millburn (Short Hills). Newark is below the NJ average of $10,340 and Millburn (Short Hills) is above it.

  • Median sale priceNewark $440,000 vs Millburn (Short Hills) $2,031,500
    More info

    The median single-family sale price is $440,000 in Newark and $2,031,500 in Millburn (Short Hills), $1,591,500 more (GSMLS, 2025 closed sales).

  • Monthly cost estimateNewark $3,260 vs Millburn (Short Hills) $14,045
    More info

    On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Newark comes to $3,260 a month and Millburn (Short Hills) to $14,045, a gap of $10,785.

  • Peak commuteMillburn (Short Hills) 34 min vs Newark 18 min
    More info

    Peak commute is 34 minutes in Millburn (Short Hills) and 18 minutes in Newark, 16 minutes shorter in Newark.

  • NJ Transit passNewark $184 vs Millburn (Short Hills) $309
    More info

    The NJ Transit monthly pass to NY Penn is $184 in Newark and $309 in Millburn (Short Hills), $125 more.

  • Higher school resultsMillburn (Short Hills): 4-year graduation, ELA, math
    More info

    On the district results, Millburn (Short Hills)'s district is higher on 4-year graduation (99.7% vs 90.0%), ELA (85.3% vs 34.3%) and math (85.2% vs 22.0%).

Figures are from the data file, version 2.4.2. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.

Monthly cost

Estimated monthly cost Estimate

  • Mortgage (principal and interest)
  • Property tax
  • NJ Transit pass
  • Millburn (Short Hills)$14,045 / monthMortgage $11,076 · Property tax $2,660 · NJ Transit pass $309 · on a $2,031,500 median single-family home
  • Newark$3,260 / monthMortgage $2,399 · Property tax $676 · NJ Transit pass $184 · on a $440,000 median single-family home
More info

Each town uses its own headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), and its 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.

Sources: GSMLS (As of 2025) · Freddie Mac PMMS (Updated October 2026) · NJ Division of Taxation (Updated January 2026) · NJ Transit (Updated July 2026)

Home prices

Median sale price, single-family

Median sale price, condo / townhouse

Monthly mortgage

More info

Principal & interest only; excludes taxes and insurance. Based on the single-family median unless a town's row says otherwise.

Source: GSMLS, 2025 closed sales

Property taxes

Average residential tax bill, 2025

  • Millburn (Short Hills)$26,298 / year$15,958 above the NJ average
  • Newark$7,641 / year$2,699 below the NJ average
  • NJ average$10,340 / yearState total, same series as the town bills
More info

Bills compare better than raw tax rates, because towns assess homes at different shares of market value.

Sources: NJ Division of Taxation (Updated February 2026)

Schools

Meeting ELA standards

Meeting math standards

4-year graduation rate

Chronic absenteeism

Student:teacher ratio

DistrictsMillburn (Short Hills): Millburn Township School DistrictNewark: Newark Public School DistrictDistrict-wide results for all students. The NJ state line is the statewide figure.

Sources: NJDOE (2024-25 school year, published May 2026)

Commute

NJ Transit adult monthly pass to NY Penn

Peak commute time

  • Millburn (Short Hills)34 min
    More info

    Typical from Millburn: 42.5 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 6 trips.

  • Newark18 min
    More info

    Typical from Newark Penn Station: 20 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 19 trips.

Sources: NJ Transit (Updated July 2026) · NJ Transit GTFS (via Mobility Database) (Scheduled service Nov 18, 2026)

Full pages: Millburn (Short Hills) · Newark. Find a local expert if you want help weighing these two towns.

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