New Milford, NJ Overview

Nestled in central Bergen County, New Milford offers close proximity to major urban amenities, a small-town spirit, quiet neighborhoods along tree-lined streets, and limited industrial and commercial activity.  The primarily residential community provides a pleasing housing selecting of well-kept older homes situated in established neighborhoods as well as newer construction in a variety of architectural styles.  Expanded amenities and services and some of the finest shopping in the nation are available in nearby Paramus.  Transportation efficiencies include access to Route 17, Route 4, and the Garden State Parkway.  Commuter bus service is available to New York City and Hackensack.  In addition to the public and private sports facilities in this area, local parks and recreation departments offer a wide range of recreational programs, sports leagues, and supervised activities for all ages.

Summary

Population Growth (since 2000) 7%
Population Density (ppl / mile) 7,714.00
Household Size (ppl) 2.665
Households w/ Children 28%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 47%
Median Year in Residency 4.73

Housing Inventory

New Milford, NJ Housing Inventory 4,161 222 2,318 4,161 222 2,318

Market Overview

34 listings with an estimated median price of $675,000

Price Count
$200K - 300K 1
$400K - 500K 2
$500K - 600K 8
$600K - 700K 11
$700K - 800K 6
$800K - 900K 2
$1M - Max 4
Property Type Count
Single Family 30
Condo 2
Commercial 1
Rental 8
Multi Family 1

(Data as of 9/23/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

New Milford, NJ Population Demographics

Total: 17,503

Households:6,479

Median Age: 42.92

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

New Milford, NJ Temperature

Weather Risk

New Milford, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

New Milford, NJ Education Climate Index

Highest Education Level Attained

New Milford, NJ Highest Education Level Attained 3,555 2,249 679 429 482 1,616 3,380 3,555 2,249 429 482 1,616

Employment and Finance

Workforce

New Milford, NJ Workforce

Income by dollar range (Median Income: $87,824)

New Milford, NJ Income by dollar range 143 122 106 215 232 316 175 117 296 393 669 815 680 544 891 428 186 152

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,178
One Bedroom
$1,328
Two Bedroom
$1,557
Three Bedroom
$2,001
Four Bedroom
$2,362

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

New Milford, NJ Crime

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