Milltown New Jersey Real Estate
Milltown, New Jersey, is located in Middlesex County, 5 miles S of Piscataway, New Jersey and 31 miles SW of New York, New York. Milltown has a population of 7,000.
Milltown Homes
Milltown properties pool is 2,627 residential properties including Milltown new homes. Median age of real estate in Milltown is 1956. Average Household size is 3.12 people. 2% are one bedroom homes, 13% are 2 bedroom homes, 51% are 3 bedroom homes, 30% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Milltown Mortgage Statistics
Milltown mortgages vs. USA median statistics
Homes |
Milltown |
USA |
Homes With No Mortgage |
36% |
30% |
Homes With Mortgage |
64% |
70% |
First Mortgage Only |
47% |
54% |
First & Second Mortgage or HELOC |
18% |
16% |
Milltown Area Real Estate Tax
Milltown Real estate Tax: Median Real Estate Taxes (2000) were $4,162 comparing to 1999 Median Family income $ 77,869. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Milltown School District: Children make up 22.9% of Milltown population. Milltown has 1,601 under 18 years old residents, or 0.45 kids per one worker, or 0.61 kids per one household.
Milltown Real Estate & Milltown Homeownership
There are 551.67 or 21% one person households, 893.18 or 34% two person households, and 472.86 or 18% three person households in Milltown, New Jersey. Median residents age is 39.9, Senior citizens (65+) make up 1,098 or 15.7%% of Milltown population.
There are 3,580 workers (over 16 years of age) in Milltown. Of these, 92.37% drive to work. Approximately 2.88% of workers in Milltown take public transportation. An estimated 1.26% walk to work.
Median Milltown homeowner's housing expences are 19.7%
Crime in Milltown (2003), crimes per 10,000 residents per year
Type of Crime |
Milltown |
USA, 2003 |
Violent Crimes |
18.57 |
47.5 |
Robberies |
7.14 |
14.2 |
Aggravated Assaults |
8.57 |
29.5 |
Property Crimes |
225.71 |
358.8 |
Burglaries |
34.29 |
74.0 |
Larceny-Thefts |
188.57 |
241.5 |
Motor Vehicle Thefts |
2.86 |
43.3 |
Invest in Milltown Properties
When making a decision about buying real estate in Milltown New Jersey area, you should consider following statistical data:
Category |
Milltown |
USA |
Near Medium City |
Piscataway, New Jersey |
- |
Near Large City |
New York, New York |
- |
Milltown Zip Codes |
08850 |
- |
Milltown Area Codes |
732 |
- |
White population |
93.86% |
75.1% |
African-American population |
0.76% |
12.3% |
Asian |
3.07% |
3.6% |
American Indian & Alaskan |
0.16% |
0.9% |
Hispanic (of any race) |
3.73% |
12.5% |
Median Family Income (1999) |
$ 77,869% |
$42,000 |
Population Below Poverty Level |
2.26% |
12.4% |
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