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Foreclosure Homes in New Milford, NJ

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New Milford, NJ Foreclosures

How much do homes sell for in New Milford, NJ?
The average home price is currently $717,295.
In New Milford, NJ, how many homes are available?
There are currently 40 active home listings available in New Milford.
What’s the average rental cost in New Milford, NJ?
The average rental price in New Milford is $2,275.
What is the most expensive home in New Milford?
The most expensive home sold in New Milford had a price of $2,391,699.
What is currently the cheapest priced home in New Milford, NJ?
The cheapest home for sale in New Milford is priced at $33,446.

Living in New Milford, NJ

New Milford, NJ, is a lovely suburban town that combines a small-town feel with convenient access to urban amenities. The community is well-equipped with parks, schools, and dining options while maintaining a tight-knit environment. Its proximity to New York City makes it ideal for commuters seeking a tranquil lifestyle without sacrificing connectivity.

Current Market Conditions in New Milford, NJ

The real estate market in New Milford has been steadily appreciating due to its desirable location and strong community appeal. Homes in the area are witnessing increased demand, particularly among families looking for quality schools and spacious properties.

Recent trends indicate that New Milford has a diverse range of properties, from cozy single-family homes to more luxurious options, catering to various budget levels. The market is competitive, with many listings receiving multiple offers, particularly in sought-after neighborhoods.

Home Value Estimator For New Milford, NJ

There are currently 4,199 real estate properties in New Milford, NJ, with a median automated valuation model (AVM) price of $677,342.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Milford, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Milford, NJ, is $717,295.00, with the most expensive house in New Milford, NJ, topping out at $2,391,699.00 and the cheapest home in New Milford, NJ, clocking in at $33,446.00. In other words, there’s something for every potential homebuyer or savvy investor in New Milford, NJ!

Rent Prices In New Milford, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Milford, NJ, is on a rollercoaster ride. The average rent price in New Milford, NJ, is $2,275.00. Indeed, when looking to rent in New Milford, NJ, you can expect to pay as little as $1,570.00 or as much as $3,480.00, with the average rent median estimated to be $2,240.00. The good news is that finding an affordable and desirable property to rent in New Milford, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

New Milford, NJ Foreclosures

Market Trend for New Milford, NJ

Total Listings Available: 40

Market Values:

Home Prices from $33,446 to $2,391,699

Average Sales Price: $717,295

Rental Values:

Rental from $1,570 to $3,480

Average Rent Value: $2,275 / month

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