New Milford NJ Multi Family for Sale

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New Milford Real Estate

The median home value in New Milford, NJ is $685,000. This is higher than the county median home value of $607,200. The national median home value is $338,100. The average price of homes sold in New Milford, NJ is $685,000. Approximately 62.04% of New Milford homes are owned, compared to 33.8% rented, while 4.17% are vacant. New Milford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Milford real estate agent to arrange a tour today!

New Milford, New Jersey has a population of 16,912. New Milford is more family-centric than the surrounding county with 39.5% of the households containing married families with children. The county average for households married with children is 35.18%.

The median household income in New Milford, New Jersey is $98,992. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in New Milford is 40.3 years.

New Milford Weather

The average high temperature in July is 85.2 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 47.1 inches per year, with 25.5 inches of snow per year.

New Milford Real Estate Market Conditions

  • Median sales price

    $685,000
    9% change since last quarter
  • # Active listings

    18
    30-day change

New Milford Schools and Demographics

Education near New Milford, NJ

Metric City County
High School Graduates 93.37 92.9
College Degree - 2 year 9.21 6.33
College Degree - 4 year 48.76 51.23
Graduate Degree 12.7 14.17
Expenditures per Student 24,891 24,891
Students per Teacher 12.5 12.5

Elementary Schools near New Milford, NJ

School Grades Students P/T Ratio ZIP
Berkley Street Elementary School KG - 05 436 14.5 07646
Bertrand F Gibbs Elementary School KG - 05 450 13.2 07646
Cherry Hill School PK - 06 747 14.7 07661
Franklin Elementary School KG - 05 323 12.6 07621
Grant Elementary School KG - 05 362 11.7 07628
Honiss Elementary\Middle School KG - 08 666 12.2 07628
Hoover Elementary School KG - 05 214 11.9 07621
Jefferson Elementary School KG - 05 254 13 07621
Lincoln Elementary School PK - 05 401 14.2 07621
Lincoln Elementary School KG - 05 200 10.6 07628
Oradell Public School PK - 06 732 12 07649
Roosevelt School KG - 06 455 14.2 07661
Selzer Elementary\Middle School PK - 08 532 12.4 07628
Washington Elementary School KG - 05 306 14.6 07621

Middle Schools near New Milford, NJ

School Grades Students P/T Ratio ZIP
David E. Owens Middle School 06 - 08 469 12.5 07646
River Dell Middle School 07 - 08 606 13.6 07649
Roy W. Brown Middle School 06 - 08 738 11.1 07621

High Schools near New Milford, NJ

School Grades Students P/T Ratio ZIP
Bergenfield High School 09 - 12 1,207 12.5 07621
Dumont High School 09 - 12 809 12.3 07628
New Milford High School 09 - 12 632 12.4 07646
River Dell Regional High School 09 - 12 1,067 12.1 07649

Demographics near New Milford, NJ

Metric City County
Neighborhood Type Inner City
Population 16,912 952,979
Population Density 7,408 4,094
Median Age 40.3 41.9
People per Household 2.7 2.7
Median Household Income 98,992 109,497
Average Income per Capita 48,131 55,710