New Milford offers accessibility to the greater Bergen County area and Manhattan at a price point that still attracts first-time homebuyers. The northern New Jersey borough is within 5 miles of Tenafly, a borough where the median price is more than $1 million, and Alpine, which over the last 40 years has been home to celebrities such as Stevie Wonder and Chris Rock. Despite the surrounding affluence, prices in New Milford and the neighboring boroughs of Dumont and Bergenfield are palatable to new homebuyers. “Nine out of 10 or more of buyers here are first-time buyers,” says Dave Miller, broker-owner of Re/Max Integrity and an active agent in the local market. Residents of New York City, Hoboken and Jersey City often head to New Milford for a more suburban setting complete with a driveway and a yard. Still, there are multiple ways to travel from the borough of 17,000 people to the larger cities.
New Milford
Located in Bergen County
Renovated colonials and midcentury-built homes
While the town was once home to vegetable fields, residential development blossomed in the 1950s, with Cape Cod and split-level-style homes being built. A three or four-bedroom split-level or Cape Cod-style home costs $600,000 to $740,000. A renovated colonial with five bedrooms or more might run between $900,000 and $1.8 million. Toward the southern edge of the community, a few townhouses, built in the 1980s and ‘90s, might be found for around $500,000.
Houses on the west side of New Milford are at risk of flooding from the Hackensack River. Homebuyers there may need flood insurance for their properties.
Dining options on Main Street, plus ShopRite
While there isn’t a formal downtown in New Milford, shops and restaurants can be found along River Road. River & Henley Bar and Restaurant crafts cocktails and American fare and Casual Habana Café serves Cuban specialties. On Main Street, there’s a butcher shop, pizzeria, and restaurants offering burritos and Chinese takeout. Closer to the Hackensack River, Sanzari’s New Bridge Inn specializes in fine Italian cuisine and often features live music. Groceries can be found at the ShopRite of New Milford.
Annual community parades and tree lighting
Community members turn out each year for the Memorial Day parade in May and the Veterans Day parade in November. Toward the beginning of December, the town gathers for the New Milford Holiday Tree Lighting.
Accessible public schools
Kindergarteners through fifth graders attend either Bertram F. Gibbs or Berkley Elementary School, which both have B ratings from Niche. David E. Owens Middle School serves sixth through eighth grade and has a B rating from Niche. New Milford High School has a B rating from Niche and offers a multi-level research-based program called The Academies, in addition to its regular curriculum.
A riverside park with a paddle center
Just north of New Milford, Van Buskirk Island County Park is surrounded by the Hackensack River, offering walking trails, a nature preserve, and a paddle center for canoes and kayaks. The water makes the park a prime place for bird watching. The site’s historic red brick Romanesque Revival buildings were formerly used for industrial purposes, and include intact pumping engines.
A commute for drivers, plus train and ferry options
While the majority of residents drive, commuters to Manhattan can shorten the 18-mile by driving to Port Imperial in Weehawken and taking the ferry to Midtown or Brookfield Place. Buses are also available, with a trip to Manhattan running over an hour. There's a train stop nearby in River Edge, but most commuters drive or take the bus.
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Agents Specializing in this Area
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Angela Cuciniello
Angela Cuciniello
COLDWELL BANKER REALTY
(201) 957-7474
160 Total Sales
1 in New Milford
$700,000 Price
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Barbara Perez
Barbara Perez
Responds QuicklyRidgeco Properties
(551) 345-5297
61 Total Sales
1 in New Milford
$800,000 Price
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Adel Metri
Adel Metri
Responds QuicklyAMERICAS ELITE GROUP LLC
(973) 604-8146
71 Total Sales
1 in New Milford
$630,000 Price
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Colin Somerville
Colin Somerville
Responds QuicklyRE/MAX Properties-Saddle River
(862) 319-8591
82 Total Sales
1 in New Milford
$670,000 Price
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Nikhil Mani
Nikhil Mani
Public Trust Realty Group
(908) 883-4431
13 Total Sales
1 in New Milford
$801,000 Price
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Vesna Cabana
Vesna Cabana
Keller Williams Park Views
(551) 345-5344
25 Total Sales
1 in New Milford
$699,900 Price
Parks in this Area
New Milford Housing Trends
On average, homes in New Milford, NJ sell after 34 days on the market compared to the national average of 53 days. The median sale price for homes in New Milford, NJ over the last 12 months is $700,000, up 9% from the median home sale price over the previous 12 months.
Housing Trends
Area Facts
Open Houses
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Sunday, Nov 9Open Sun 1PM - 3PM
$699,000
- 4 Beds
- 4 Baths
- 314 Hirschfeld Place
- New 1 day ago
Tucked away on a secluded, quiet street, nature meets modern convenience in this deceptively spacious split level home. From the moment you step into the foyer, youâ€TMre greeted by the warmth of original hardwood flooring and the subtle charm of solid, 5-panel doors. This home is designed for flexible, multi-generational living. The ground floor features a highly desirable first-floor bedroom
Anna Papoutsakis Keller Williams Valley Realty
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Sunday, Nov 9Open Sun 12PM - 2PM
$999,000
- 4 Beds
- 2.5 Baths
- 1093 Sheridan St
- New 1 day ago
Nestled on a peaceful cul-de-sac, this charming gem sits on a spacious property with endless potential. Enjoy serene views of the trees and take in the beautiful sunrises and sunsets that fill the home with natural light. Surrounded by nature and just steps from a private park, itâ€TMs the perfect setting for peaceful living and everyday connection with the outdoors.
Esther Shayowitz Vera & Nechama Realty
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Sunday, Nov 9Open Sun 1PM - 4PM
$725,000
- 3 Beds
- 1.5 Baths
- 274 Milford Ave
Stylish, spacious, and move-in ready - this fully updated 3 bedroom, 1.5 bath home in New Milford offers modern comfort with timeless charm. The first floor features a welcoming living room with fireplace, dining room, updated kitchen with breakfast nook, and a convenient half bath. Upstairs are three generously sized bedrooms and a beautifully renovated full bath. Recessed lighting, updated
Brian Kim Proper Estates, Inc.
Homes for Sale
Homes for Rent
Distribution of Home Values
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Property Mix - Square Feet
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Area Factors
Somewhat Bikeable
Bike Score®
Somewhat Walkable
Walk Score®
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.