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186 Western Dr

Millburn, NJ 07078

4 bd 6 ba 3,726 sqft Built 1949 Lot 18,295 sqft single_family
Most recent sale
$1,625,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2023 Sold $2,030,000 Public Record
Aug 11, 2023 Sold $2,030,000 GardenState
Jun 27, 2023 Price changed $2,148,000 GardenState
May 31, 2023 Price changed $2,228,000 GardenState
May 24, 2023 Listed $2,458,000 GardenState
Apr 20, 2022 Sold $1,625,000 Public Record
Mar 18, 2022 Sold $1,625,000 MLS #3758112
Jan 7, 2022 Listed $1,550,000 MLS #3758112
Oct 4, 2021 Listed for rent $7,800 GardenState
Jul 20, 2021 Price changed for rent $7,800 GardenState
Jul 7, 2021 Listed for rent $8,800 GardenState
Apr 19, 2021 Listed $1,550,000 MLS #3705893
Jul 6, 2020 Listed for rent $7,000 GardenState
Jun 5, 2020 Price changed for rent $7,000 GardenState
May 8, 2020 Listed for rent $7,500 GardenState
Apr 5, 2016 Listing removed $6,600 GardenState
Mar 24, 2016 Listing removed $6,600 GardenState
Mar 23, 2016 Listed for rent $6,600 GardenState
Jan 25, 2016 Listing removed $6,600 GardenState
Jan 25, 2016 Listed for rent $6,600 GardenState
Jan 21, 2016 Price changed for rent $6,600 GardenState
Jan 21, 2016 Sold $1,420,000 Public Record
Dec 18, 2015 Listed for rent $6,800 GardenState
Aug 13, 2015 Listing removed $1,449,000 GardenState
Jun 23, 2015 Listed $1,449,000 MLS #3233411
Aug 31, 1998 Sold $550,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $552,900 $818,900 $1,371,800 $27,696
2024 $552,900 $818,900 $1,371,800 $27,189
2023 $464,900 $818,900 $1,283,800 $25,111
2022 $464,900 $818,900 $1,283,800 $24,944
2021 $464,900 $818,900 $1,283,800 $24,880
2020 $464,900 $818,900 $1,283,800 $24,726
2019 $464,900 $818,900 $1,283,800 $24,777
2018 $464,900 $818,900 $1,283,800 $24,418
2017 $464,900 $818,900 $1,283,800 $23,827
2016 $420,000 $586,300 $1,006,300 $21,676
2015 $420,000 $586,300 $1,006,300 $21,183
2014 $420,000 $586,300 $1,006,300 $20,287
2013 $420,000 $586,300 $1,006,300 $19,462
2012 $420,000 $586,300 $1,006,300 $19,110
2010 $420,000 $586,300 $1,006,300 $18,053
2009 $420,000 $586,300 $1,006,300 $17,661
2008 $420,000 $586,300 $1,006,300 $16,795
2007 $420,000 $586,300 $1,006,300 $15,899

Property facts

Year built
1949
Property type
single_family
Stories
Beds
4
Baths
6
Living area
3,726 sqft
Lot size
18,295 sqft
ZIP code
07078
City
Millburn
Street
Western Dr
Coordinates
40.73361, -74.33700

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,589
Gross rental yield
4.13%
Implied cap rate
2.68%
Trend-extrapolated value

Frequently asked questions

When did 186 Western Dr last sell?
186 Western Dr most recently sold on Apr 20, 2022 for $1,625,000.
What is the current tax assessment for 186 Western Dr?
The most recent total assessment for 186 Western Dr (year 2025) is $1,371,800 with $27,696 in property tax.
How does 186 Western Dr's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $1,625,000.
When was 186 Western Dr built?
186 Western Dr was built in 1949.
How does 186 Western Dr compare to others on Western Dr?
We track 4 other properties on Western Dr. Browse the list under "Other properties on Western Dr" to compare beds, baths, and sale history.
What are the property facts for 186 Western Dr?
186 Western Dr is a 4 bed, 6 bath, 3,726 sqft, 18,295 sqft lot single_family.
Is 186 Western Dr a flip candidate?
Yes — 186 Western Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 186 Western Dr a tax-appeal candidate?
No — 186 Western Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$3.76M
2026 Q4
$3.88M
ZIP 07078 — Median Price History + Forecast

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