House Prices

House Prices & Home Values New Milford, NJ 2026


Average Data

average house price$427,900
average size per house1460 ft²
average price per ft²294 $ / ft²

04/04/2026 - The value range (VR) for house prices in New Milford, NJ is $284/ sqft to $284/ sqft. An average home with 1460 sqft costs approximately $414,640 to $414,640. New Milford, NJ includes 1 ZIP codes and it is located in Bergen county. The lowest prices are found in ZIP 07646, while the highest are in ZIP 07646. The average price per sqare feet is $294. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes New Milford

07646287 $ / ft²




Historical development of home values in New Milford

Year Estimated value (USD) Change vs. 2025
2010 $198,724 -53.6%
2011 $191,040 -55.4%
2012 $190,525 -55.5%
2013 $197,647 -53.8%
2014 $207,475 -51.5%
2015 $218,123 -49.0%
2016 $229,506 -46.4%
2017 $241,894 -43.5%
2018 $255,267 -40.3%
2019 $267,103 -37.6%
2020 $280,911 -34.4%
2021 $319,506 -25.3%
2022 $372,472 -13.0%
2023 $392,789 -8.2%
2024 $415,513 -2.9%
2025 $427,900 0.0%

Graph: estimated home values in New Milford over time (USD)



Example: 100% financing house in New Milford

Loan amount: $427,900

Interest rate: 6.00%

Fixed monthly payment: $2,565.48

Breakdown in the 1st month:
Interest portion: $2,139.50  –  Principal portion: $425.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,531.06 $5,254.66 $422,645.34
2 $25,206.96 $5,578.76 $417,066.58
3 $24,862.88 $5,922.84 $411,143.74
4 $24,497.57 $6,288.15 $404,855.58
5 $24,109.73 $6,675.99 $398,179.59
6 $23,697.97 $7,087.75 $391,091.84
7 $23,260.81 $7,524.91 $383,566.93
8 $22,796.69 $7,989.03 $375,577.90
9 $22,303.95 $8,481.77 $367,096.13
10 $21,780.81 $9,004.91 $358,091.22
11 $21,225.41 $9,560.32 $348,530.90
12 $20,635.75 $10,149.97 $338,380.93
13 $20,009.72 $10,776.00 $327,604.92
14 $19,345.08 $11,440.64 $316,164.28
15 $18,639.44 $12,146.28 $304,018.01
16 $17,890.29 $12,895.43 $291,122.57
17 $17,094.93 $13,690.79 $277,431.78
18 $16,250.51 $14,535.21 $262,896.57
19 $15,354.01 $15,431.71 $247,464.85
20 $14,402.21 $16,383.51 $231,081.35
21 $13,391.71 $17,394.01 $213,687.34
22 $12,318.89 $18,466.83 $195,220.51
23 $11,179.90 $19,605.82 $175,614.69
24 $9,970.65 $20,815.07 $154,799.62
25 $8,686.82 $22,098.90 $132,700.72
26 $7,323.81 $23,461.91 $109,238.81
27 $5,876.73 $24,908.99 $84,329.83
28 $4,340.40 $26,445.32 $57,884.51
29 $2,709.31 $28,076.41 $29,808.10
30 $977.62 $29,808.10 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in New Milford, NJ


1500 sqft3900 sqft
Ø selling price$533,611$1,135,134
Ø fast selling$485,101$1,021,621
Ø high price sale$582,120$1,248,648

In 2026, houses in New Milford, NJ will be offered at an average price of $294 per square foot. A 1,500 sqft home priced at $533,611 is 23.23% more expensive per square foot than a 3,900 sqft home priced at $1,135,134. Home prices in New Milford, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $785,863. Sellers who can wait longer may achieve a higher price of up to $960,499.

FAQ – Home Values in New Milford

What is the median home value in New Milford in 2026?

In 2026, the typical home value in New Milford is about $427,900 for an average home size of 1460 square feet. This corresponds to an average price of roughly $294 per square foot.

What is the average cost per square foot in New Milford?

In 2026, homes in New Milford sell for an average of around $294 per square foot, with a typical range between $284 and $284 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in New Milford is about 1460 square feet, with an estimated 2026 value around $427,900.



Locations close to New Milford, NJ

Northvale, NJ585 $ / ft²
Norwood, NJ261 $ / ft²
Oradell, NJ260 $ / ft²
Montvale, NJ339 $ / ft²
Lodi, NJ245 $ / ft²
Little Ferry, NJ265 $ / ft²
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