Market Summary

New Milford, Bergen County, NJ

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Median Home Price Price

$666,421 $666.4K

Median Monthly Rent Rent

$2,248 $2.2K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Bergen County

Region Price Rent GRM Display
$617,327 $2,290 22.0x
$765,269 $2,944 22.0x
$642,565 $2,341 23.0x
$671,203 $2,435 23.0x
$666,672 $2,305 24.0x
$795,152 $2,872 23.0x
$706,603 $2,982 20.0x
$571,494 $2,281 21.0x
$623,542 $2,009 26.0x
$761,545 $2,335 27.0x
$674,649 $2,383 24.0x
$720,060 $2,550 24.0x
$731,875 $2,389 26.0x
$793,758 $2,885 23.0x
$701,528 $1,737 34.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Bergen County

Region Price Rent GRM Display
$326,430 $2,185 12.0x
$627,089 $2,481 21.0x
$477,175 $2,089 19.0x
$525,653 $2,088 21.0x
$587,088 $2,136 23.0x
$575,489 $1,585 30.0x
$701,668 $2,753 21.0x
$609,624 $2,620 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$179,543 $928 16.0x
$220,792 $1,159 16.0x
$180,439 $962 16.0x
$325,845 $2,128 13.0x
$308,085 $1,240 21.0x
$351,061 $2,111 14.0x
$922,390 $2,421 32.0x
$177,172 $808 18.0x
$705,652 $4,315 14.0x
$283,487 $1,184 20.0x
$266,149 $885 25.0x
$691,762 $2,440 24.0x
$192,760 $1,033 16.0x
$495,262 $2,235 18.0x
$365,020 $1,082 28.0x
$742,878 $3,464 18.0x
$398,283 $1,166 28.0x
$184,342 $913 17.0x

Home prices

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Monthly rent

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GRM

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New Milford

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Trend Insights

Median Rent in New Milford, NJ is $2,248, with MoM change +$21 and YoY change +$213 pointing to positive momentum while volatility is low (std $56).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Milford, NJ.

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Metric
Base market New Milford, NJ
Compare market Select a market
Delta vs base
Median rent
$2,248
N/A
Median price
$666,421
N/A
YoY change
+$213
N/A
Price-to-rent
24.7x
Data unavailable
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