$756,074Average Value$538Average Price per Sq Ft11Homes For Sale
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.
Aerial view of New Milford, NJ, a leafy suburb in Northern New Jersey.
New Milford's proximity to Route 4 is one of its greatest assets.
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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.
A contemporary craftsman style home in New Milford, NJ.
A colonial style home in New Milford, NJ.
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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.
Making a freshly prepared sandwich at New Milford Bagels in New Milford, NJ.
There is a devoted local following for What's Cookin' in New Milford, NJ.
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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.
The main building of the New Milford High School in New Milford, NJ.
Bertram F. Gibbs Elementary School is an above average public school in New Milford, NJ.
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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.
Go kayaking at Van Buskirk Island County Park in New Milford, NJ.
Signage at Van Buskirk Island County Park displays a map and birdwatching information.
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New Milford commuters can make use of the River Edge train station to get to the city.
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.
Written By
Hannah Rainey
Photography Contributed By
James Leynse
Video By
Rawley Rudel
Interested in learning more about homes in this area?
Reach out to
Michael Dunn,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in New Milford, NJ sell after 31 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 8% from the median home sale price over the previous 12 months.
Ranch style home in terrific location! Open front porch, living room, dining room, kitchen, 2 bedrooms and bath. Basement is finished with rec room, 2nd full bath and plenty of storage. Large walk up attic. Gas heat, one car detached garage. Large walk up attic. Central air needs replacing.
Bring your contractor and architect to this large lot! No access to the interior of the home at this time. The value is in the land. The house is being STRICTLY sold as-is. DO NOT WALK THE PROPERTY – HOME IS NOT VACANT.
WELCOME HOME TO 1061 ROOSEVELT AVE IN DESIRABLE NEW MILFORD! SPACIOUS RANCH WITH IN-GROUND POOL W/GREAT POTENTIAL! THIS LARGE RANCH HOME OFFERS BIG, BRIGHT ROOMS AND A FLEXIBLE LAYOUT-THE PERFECT OPPORTUNITY FOR BUYERS LOOKING TO BRING THEIR OWN VISION AND UPGRADES. THE OPEN-CONCEPT LIVING ROOM W/WOOD-BURNING STOVE FLOWS TO THE DINING AREA AND KITCHEN, ALL WITH NEW FLOORING. ON THE LEFT SIDE OF
Welcome to Brookchester Apartments, a garden apartment community, your key to affordable living. Brookchester Apartments is ideally situated in the Bergen County town of New Milford. The renovated apartments feature: hardwood floors, air conditioned units, recessed kitchen lighting, tiled bathrooms, tub enclosures, private entrances, free heat & hot water and garages. Brookchester's location
Distinctively Different, Dramatically Designed, New Milford Estates has it all...a great location & value pricing. Leave your commute behind... Our fully renovated apartments are minutes from the George Washington Bridge. We are centrally located only minutes from Route 4 and 15 minutes from New York City via the George Washington Bridge. You're close to shopping and minutes from public
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