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States / New Jersey / New Milford

New Milford, NJ Housing

ACS 2020-2024

Median Home Value
$580,400 ± $17,579
Median Gross Rent
$1,765 ± $44/mo
Homeownership Rate
61.4%
Rent as Share of Income
18.4%
Price-to-Income Ratio
5.1×
Vacancy Rate
2.5%
Median Year Built
1954

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
36
Buildings
20
Single-Family Units
16
Multi-Family Units
20

Nearby Cities in New Jersey

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

New Milford, NJ Housing: Rent & Home Values | HomeDataUSA