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Millburn / Short Hills Information
Welcome > Local Info > Millburn / Short Hills Information ...

Short Hills Train Station

Millburn/Short Hills Information 

“A small town feeling with a sophisticated population”. That is how Millburn/Short Hills has been described by its residents. The combination of great schools, easy access to New York City (or “the city” as commuters refer to it), and a wonderful blend of housing styles, all contribute to the appeal of the area. Having lived here for over 25 years, I consider myself a transplanted Manhattanite who found the best of both worlds. Both my children went through the school system from Kindergarten to 12th grade and went on to the colleges of their choice. My involvement on various township organizations and boards has given me a great deal of knowledge about the town that is very helpful when listing and selling properties. I also have great contacts for recreation, service people and other local resources that new residents need.

Millburn Township had a population of 19,765 according to the 2000 census and is located in the southwester corner of Essex County covering about ten square miles. The Township is easy to reach via the midtown direct line of NJ Transit, the Garden State Parkway, NJ Turnpike, and is also convenient to Routes 24 and 78. 

Millburn Township has an excellent school system. New Jersey Magazine has ranked the Millburn Township school system among the top 3 school districts in the state. In addition, Township schools also received a national ranking as having one of the most academically challenging high schools in the country, offering many advance placement courses to students who excel in those classes 

The township was named "Millburn" in 1857, as a tribute to a local mill built on a stream, with "burn" being the Scottish name for "stream." Shortly after 1870, Stewart Hartshorn, inventor of the roller window shade, decided to make his home here and to enter the real estate business to establish an "ideal community." He purchased and resold much of the "short hills" area and adopted the Indians' name for his community. Today, Short Hills remains an area of Millburn Township. 

The Township offers a wide variety of recreation programs, including a Community Pool and a Par 3 Golf Course, making the community appealing for families. In addition, Millburn Township has many fine restaurants, a movie theater, the Hilton Short Hills, rated by AAA as a Five Diamond Hotel, and a wide variety of cultural events, including the renowned Paper Mill Playhouse and the Cora Hartshorn Arboretum and Bird Sanctuary. 

Millburn Township is unique in that it offers upscale, high-end, Fifth Avenue shopping along with quaint small town shopping of a traditional downtown. The Mall at Short Hills, located on the western side of the Township, is a beautiful regional shopping center in which many fine shops and stores are located. The downtown and local shopping areas offer a variety of unique specialty shops, service-based businesses, and professional offices. 

Millburn is comprised of the historic Wyoming district, and South Mountain and Millburn Center areas. Short Hills contains the sections of Knollwood, Glenwood, Brookhaven, Country Club, Merrywood, Deerfield-Crossroads, Mountaintop, White Oak Ridge, and Old Short Hills Estates.
 

Request my Free Millburn, Short Hills, Summit and Maplewood Relocation Package. It's packed full of useful and important information about the Millburn, Short Hills, Summit and Maplewood, New Jersey area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... 

It's my job to know EVERYTHING about Millburn, Short Hills, Summit and Maplewood! Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly... 

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Real Estate Tips
Tax Considerations >Beneficial Tax Laws

American tax law offers a significant capital gains tax exemption that allows taxpaying homeowners to unlock home equity and end the spiraling cycle of "investing up." First-time buyers enjoy expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, rules that allow penalty-free withdrawals to purchase a home.

Every two years, married sellers of principal residences who file joint federal income tax returns are allowed a $500,000 exclusion ($250,000 for singles) from capital gains tax. For sales that took place after May 6, 2003, the maximum capital gains tax rates for profits above the exclusion dropped from 20% to 15% for higher income taxpayers, and from 10% to 5% for lower income taxpayers.

Homeowners can now consider several new options. People who find themselves at an empty-nester stage (no children at home) in a four or five bedroom home with a large equity have been able to unlock their equity dollars, using the income to help their children buy a first home, take a luxury cruise, remodel the house or purchase a second home for vacation or retirement.

Consult your tax advisor for advice regarding your particular circumstance.

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Real Estate Trivia
Q 
What is the most expensive piece of property ever recorded?

A 
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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Wendy Drucker, REALTOR®, real estate agent and broker for Millburn, Short Hills, Summit and Maplewood New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Wendy Drucker
Towne Realty Group

511 Millburn Avenue
Shorts Hills, NJ 07078
Tel: 973-376-8300
Fax: 973-532-0204
Cell: 973-204-0100
Email: Wendy@WendyDrucker.com

I am an expert in the towns that I serve and love what I do. My financial background from my Wall Street Bond Trading days serve me well in power negotiating. As an involved resident who has lived in town for many years, I bring you my unique insight into the local markets.

ePro MLS REALTOR


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