Essex County, New Jersey

What is your Short Hills & Millburn property worth to a builder?

If you own land, a teardown, or an oversized lot in Short Hills & Millburn, it may be worth far more to a builder than a traditional sale would ever bring. The Builders Resource Center knows exactly who is buying in Short Hills & Millburn and what they will pay.

Read our guide: What Your Land Is Worth to a Builder →

Why Builders Want Short Hills & Millburn

A market builders compete in.

One of New Jersey's most prestigious addresses. Large lots, elite schools, and Midtown Direct trains make Short Hills and Millburn a premier market for high-end new construction and teardowns.

That demand is exactly why an ordinary-looking Short Hills & Millburn property can be worth a premium to the right builder. We track who is actively buying, what they are paying, and what your town's zoning allows, so you get an honest read on your property's real development value.

Short Hills & Millburn Market Report

What homes actually sold for in Short Hills & Millburn.

Every single-family sale recorded with the State of New Jersey in Short Hills & Millburn over the last 12 months, July 2025 through June 2026. Real deed records, not estimates.

251homes sold265 sales the year before
$1.98Mmedian sale priceup 12.2% from $1.76M the year before
19new homes soldmedian $3.88M
116sales over $2Molder homes: median $696 per sq ft

In Short Hills & Millburn, a newly built home sold for a median of $3.88M, about 2.0 times the median older home ($1.93M). That gap is what builders are paying for when they buy a lot or an older house. Find out what a builder would pay for yours →

Igor Guberuk

Your Short Hills & Millburn agent

Igor Guberuk, REALTOR-Associate, Builders Resource Center. Follows these numbers every month and can tell you what they mean for your home.

Meet Igor Call or text (718) 812-3777

Source: NJ Division of Taxation deed records (SR1A): usable single-family sales from $100K to $20M recorded July 2025 through June 2026. New homes = built the year of the sale or the year before. Updated September 2026.

More on Short Hills & Millburn

Go deeper on Short Hills & Millburn.

Selling a home in Short Hills & MillburnPrices by home size, what builders pay, and a free estimate.Moving to Short Hills & MillburnWhat your budget buys and how old the homes are.Short Hills & Millburn zoningLot sizes, setbacks and how big a new house can be.New construction in Short Hills & MillburnRecent new-home sales, sizes and price per square foot.Land and teardowns in Short Hills & MillburnWhat builders paid for older homes, and lots for sale now.What can you build on your lot?Enter an address: zoning, lot size and roughly how big a new home could be.

What We Do in Short Hills & Millburn

Three ways we get you more.

01

Land & Teardowns

Older or dated homes and oversized lots in Short Hills & Millburn often sell for more as a builder's canvas than as a traditional listing. You sell as-is, no repairs or staging.

02

Subdivisions

If your Short Hills & Millburn lot can be divided, that potential can multiply its value. We know what the town will realistically approve and what builders will pay for it.

03

New Construction

We sell new construction in this market every week, so we price your land against what the finished home will actually command in Short Hills & Millburn.

Now on the Market

Homes for sale in Short Hills & Millburn.

The newest homes for sale in Short Hills & Millburn, live from the MLS and updated all day.

Looking for something specific? Search every listing in Short Hills & Millburn and nearby towns by price, size and features, or set the status to Sold to see recent closings.

Free & Confidential

What is your Short Hills & Millburn property worth?

Your information stays private. We never share owner details with builders until you tell us to.

Areas We Serve

We buy land and build across New Jersey.

Beyond Short Hills & Millburn, the Builders Resource Center works with landowners in:

Essex County
Bloomfield · Caldwell · Cedar Grove · Essex Fells · Fairfield · Glen Ridge · Livingston · Maplewood · Montclair · North Caldwell · Nutley · Roseland · South Orange · Verona · West Caldwell · West OrangeMorris County
Boonton Township · Chatham · Chester · Denville · East Hanover · Florham Park · Hanover Township · Harding · Kinnelon · Long Hill · Madison · Mendham · Montville · Morris Plains · Morris Township · Morristown · Mountain Lakes · Parsippany · RandolphUnion County
Berkeley Heights · Clark · Cranford · Fanwood · Garwood · Kenilworth · Mountainside · New Providence · Rahway · Roselle Park · Scotch Plains · Springfield · Summit · Union · WestfieldSomerset County
Basking Ridge · Bedminster · Bernardsville · Bridgewater · Far Hills · Green Brook · Hillsborough · Montgomery · Peapack-Gladstone · Warren · WatchungBergen County
Allendale · Alpine · Closter · Cresskill · Demarest · Englewood · Englewood Cliffs · Franklin Lakes · Glen Rock · Harrington Park · Haworth · Ho-Ho-Kus · Mahwah · Montvale · New Milford · Norwood · Old Tappan · Oradell · Paramus · Ridgewood · River Vale · Saddle River · Tenafly · Upper Saddle River · Washington Township · Westwood · Woodcliff Lake · Wyckoff