New Milford, NJ
About New Milford, NJ Real Estate Market
The borough of New Milford is surrounded by other boroughs of Bergen County, like Oradell, Bergenfield, Dumont, Teaneck and River Edge. It also houses a part of New Bridge Landing, along with Teaneck and River Edge.
New Milford suffered from the devastating effects of Hurricane Irene, which caused the flooding of Hackensack River up to 11.84 feet. Due to the rising conditions of flooding, many homes in New Milford besides the river were evacuated with immediate effect. You can find several homes for sale on the main roads of this New Jersey town, which include Madison Avenue, River Road, Boulevard and Milford Avenue. One of such New Jersey houses is the Demarest-Bloomer house, which got included in the National Register of Historic Places.
| Population: | 16,341 |
| Total Housing Units: | 6,362 |
| Single Family Homes: | 4,198 |
| General Tax Rate (2023): | 3.914% |
| Effective Tax Rate (2023): | 2.410% |
| Compare To Other Towns |
New Milford Market Indicators
PRICE INDEX
| Average Price* (12mo): | $644,515 |
| Homes Sold* (12mo): | 92 |
SINGLE FAMILY HOME SALES
New Milford, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.914% |
| Effective Tax Rate (2023): | 2.410% |
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New Listings in New Milford
Luxury Homes in New Milford
New Milford Schools & Libraries
David E Owens Middle School
470 Marion Ave, New Milford, NJ 07646
New Milford High School
One Snyder Circle, New Milford, NJ 07646
Transfiguration Academy Upper Campus
1092 Carnation Dr, New Milford, NJ 07646
Institute For Educational Achievement
381 Madison Ave, New Milford, NJ 07646
| Fort Lee | 26 buildings |
| Edgewater | 29 buildings |
| Cliffside Park | 6 buildings |
| North Bergen | 6 buildings |
| Guttenberg | 2 buildings |
| West New York | 4 buildings |
| Union City | 1 buildings |
| Weehawken | 5 buildings |
| Hoboken | 10 buildings |
| Jersey City | 9 buildings |
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 12/21/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury