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$5,295,000 Just Listed
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Property Description
Step inside Montview Estate in the Heart of Short Hills where timeless design meets modern luxury living. This iconic 10-bedroom, 6 full and 2 half-bathroom residence has been reimagined with today's lifestyle in mind, offering a seamless blend of grand entertaining spaces, private retreats and thoughtfully crafted details. The home has been enhanced to provide unparalleled comfort and convenience with updated modern systems. With approx 11,000 square feet and 4 floors of living and entertainment space including the lower level, Montview's layout caters to both elegant entertaining and everyday ease. The expanded chef's kitchen features premium appliances and custom cabinetry flowing to the light-filled breakfast room with fireplace and the family room. Upstairs, the spectacular primary suite showcases a luxurious bathroom + separate dressing room with the remaining bedrooms and bathrooms thoughtfully updated with the 3rd floor a convenient retreat ideal for extended stay guests. The lower level is fully excavated and underpinned with 9-foot ceilings, speakeasy-style bar with separate exterior entrance + wine room, fitness room and media room. Set on over an acre of landscaped grounds leading to the stunning wraparound porch and restored roofing with slate-style shingles, Montview is close to top-rated public and private schools, fine dining, boutique shopping, recreational options + just 3 blocks to the Short Hills Train Station with direct train to NYC.
Full Property Details
Full Property Details for 40 Highland Ave
General
- Price: $5,295,000
- Taxes: $75,892 (2024)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4006508
- Updated: 1/23/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 24
- 3rd Floor/Level 3: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Storage Room
- 2nd Floor/Level 2: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
- 1st Floor/Level 1: Breakfast Room, Dining Room, Family Room, Foyer, Kitchen, Library, Living Room, MudRoom, Office, Porch, Powder Room
- Lower Level: Exercise Room, Media Room, Outside Entrance, Powder Room, Rec Room, SeeRem, Storage Room, Utility Room
- Interior Features: Wet Bar, Beam Ceilings, Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, Stall Shower, Stall Shower and Tub, Walk-In Closet
- Number of Fireplaces: 8
- Fireplace(s): Bedroom 1, Dining Room, Kitchen, Library, Living Room, Rec Room
- Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Hookup, Instant Hot Water, Kitchen Exhaust Fan, Microwave, Gas Range and Oven, Refrigerator, Washer, Water Filter, Water Softener (Owned)
- Flooring: Carpeting, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 10
- Primary Bedroom: Dressing Room, Fireplace, Full Bath, Walk-In Closet
- Bedroom 1: 27 x 22, Second
- Bedroom 2: 15 x 16, Second
- Bedroom 3: 16 x 16, Second
- Bedroom 4: 12 x 13, Second
Other Rooms
- Living Room: 37 x 23, First
- Family Room: 20 x 22, First
- Kitchen: Center Island, Eat-In Kitchen, 19 x 22, First
- Dining Room: Formal Dining Room, 22 x 24, First
- Den: 20 x 13, First
- Office: 14 x 13, First
- Bedroom: 16 x 13, Second
- Bedroom: 16 x 13, Second
- Rec Room: 41 x 23, Basement
Additional Information
- Shared Amenities: Billiards Room, Exercise Room, Storage Area
Exterior
- Exterior Features: Curbs, Open Porch(es), Outbuilding(s), Storage Shed
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Hobart Ave to Highland Ave, corner of Montview Ave.
School Information
- Middle School: MILLBURN
- High School: MILLBURN
Heating & Cooling
- Cooling Type: 4+ Units, Central Air Conditioning, Multi-Zone Cooling
- Heating Type: 4+ Units, Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Custom Home, Victorian, Custom Home
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Composition Shingle
- Square Feet: 11,076
- Year Built: 1880
- Remodeled/Updated: 2017
Lot Features
- Lot Size (Acres): 1.1
- Lot Size: IRREG 1.10 AC
- Driveway/Sidewalk: 1 Car Width, Blacktop, Circular
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $3,829,100
- Land Assmt: $1,120,800
- Tax Amount: $75,892
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Ask L/A
- APN: 1612-02210-0000-00010-0000-
- Block: 2210
- Lot Number: 10
Listed by Exp Realty, Llc
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Schools
Schools serving 40 Highland Ave
School District:Millburn Township School District
| Name | Grades | Distance |
|---|---|---|
Glenwood Elementary School, Millburn, NJ 325 Taylor Road South, Millburn, NJ 07078 | K-5 | 0.5 mi |
Millburn Middle School 25 Old Short Hills Rd, Millburn, NJ 07041 | 6-8 | 0.7 mi |
Millburn Sr High School 462 Millburn Ave, Millburn, NJ 07041 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Highland Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$5,295,000
147.43%
MLS
4/16/2004
Sold
$2,140,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Highland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$75,893
2%
$3,829,100
—
2022
$74,399
—
$3,829,100
—
2021
$74,208
2%
$3,829,100
—
2018
$72,829
2%
$3,829,100
—
2017
$71,068
8%
$3,829,100
25%
2016
$65,777
2%
$3,053,700
—
2015
$64,280
-13%
$3,053,700
-20%
2019
$73,902
25%
$3,829,100
25%
2013
$59,059
—
$3,053,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Highland Ave
40 Highland Ave, Millburn, NJ 07078 (MLS# 4006508) is a Single Family property with 10 bedrooms, 6 full bathrooms and 2 partial bathrooms. 40 Highland Ave is currently listed for $5,295,000 and was received on January 23, 2026. Want to learn more about 40 Highland Ave? Do you have questions about finding other Single Family real estate for sale in Millburn? You can browse all Millburn real estate or contact a Coldwell Banker agent to request more information.

