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New Milford New Jersey Real Estate By Jennifer Hershey

New Milford New Jersey Real Estate

New Milford, New Jersey, is located in Bergen County, 7 miles NE of Passaic, New Jersey and 13 miles N of New York, New York. New Milford has a population of 16,400.

New Milford Homes

New Milford properties pool is 6,346 residential properties including New Milford new homes. Median age of real estate in New Milford is 1953. Average Household size is 3.18 people. 2% are one bedroom homes, 13% are 2 bedroom homes, 48% are 3 bedroom homes, 32% are 4 bedroom homes, and 4% are 5+ bedroom homes.

New Milford Mortgage Statistics

New Milford mortgages vs. USA median statistics

Homes New Milford USA
Homes With No Mortgage 32%
30%
Homes With Mortgage 68%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 17%
16%

New Milford Area Real Estate Tax

New Milford Real estate Tax: Median Real Estate Taxes (2000) were $5,615 comparing to 1999 Median Family income $ 77,216. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Milford School District: Children make up 21.4% of New Milford population. New Milford has 3,505 under 18 years old residents, or 0.43 kids per one worker, or 0.55 kids per one household.

New Milford Real Estate & New Milford Homeownership

There are 1840.34 or 29% one person households, 1840.34 or 29% two person households, and 1078.82 or 17% three person households in New Milford, New Jersey. Median residents age is 39.9, Senior citizens (65+) make up 2,888 or 17.6%% of New Milford population.

There are 8,180 workers (over 16 years of age) in New Milford. Of these, 86.3% drive to work. Approximately 8.92% of workers in New Milford take public transportation. An estimated 1.47% walk to work.

Median New Milford homeowner's housing expences are 22.5%

Crime in New Milford (2003), crimes per 10,000 residents per year

Type of Crime New Milford USA, 2003
Violent Crimes
3.05
47.5
Robberies
NaN
14.2
Aggravated Assaults
2.44
29.5
Property Crimes
58.54
358.8
Burglaries
9.76
74.0
Larceny-Thefts
45.73
241.5
Motor Vehicle Thefts
3.05
43.3

Invest in New Milford Properties

When making a decision about buying real estate in New Milford New Jersey area, you should consider following statistical data:

Category New Milford USA
Near Medium City
Passaic, New Jersey
-
Near Large City
New York, New York
-
New Milford Zip Codes
07646
-
New Milford Area Codes
201
-
White population
78.59%
75.1%
African-American population
2.62%
12.3%
Asian
14.76%
3.6%
American Indian & Alaskan
0.12%
0.9%
Hispanic (of any race)
8.09%
12.5%
Median Family Income (1999)
$ 77,216%
$42,000
Population Below Poverty Level
3.31%
12.4%

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