The median home in New Milford, New Jersey is valued at $710,282, up 6.0% year over year. New Milford is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$710,282

+6.0%

Prices rising — worse for buyers.

Affordability

Enter your income for New Milford.

Income (annual)

Down Payment

$142,056 on $710,282

Example: $75,000 household income. Change it above to see your own.

Out of reach82.7% of income

Need $221,571/yr to afford.

PITI$5,170

P/I82.7%

Afford$240K

Gap-$470K

P&I $3,592Tax $1,462Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare New Milford with other housing markets across New Jersey.

Deal$4.21M Alpine$2.96M Loch Arbour$2.88M Avalon$2.63M Stone Harbor$2.48M Bay Head$2.36M Sea Girt$2.3M Short Hills$2.26M

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

View New York-Newark-Jersey City, NY-NJ-PA metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.

New Milford, NJ