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.
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.