New Milford, Paterson, NJ
New Milford — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for New Milford, Paterson, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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New Milford Neighborhood Overview
New Milford is a residential neighborhood in Paterson, New Jersey, known for its quiet, suburban feel within the city limits. It offers a blend of single-family homes and convenient access to major highways and New York City.
Housing & Real Estate
The neighborhood is primarily composed of well-maintained single-family homes, many with classic architectural styles. With a median home value of approximately $480,000, the market is stable and attractive to families and professionals.
Schools & Education
New Milford is served by the Paterson Public School District, with several elementary schools located in and near the area. Residents also have access to various private and parochial school options in the surrounding region.
Parks & Recreation
Residents enjoy nearby green spaces like the expansive Garret Mountain Reservation, which offers hiking trails, picnic areas, and scenic overlooks. The neighborhood itself features local parks and playgrounds for community recreation.
Local Dining & Shopping
The area boasts a mix of local eateries, pizzerias, and diners along main thoroughfares like River Drive. For shopping, residents utilize nearby strip malls and are a short drive from major retail centers in neighboring towns.
Who Lives Here
New Milford is a family-oriented community with a relatively affluent demographic profile. The median household income is around $107,976, reflecting a population of working professionals, long-time residents, and young families.
New Milford Market Data
| Metric | Value |
|---|---|
| Median Home Price | $480K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $108K |
| Homeownership Rate | 63.5% |
| Renter-Occupied | 36.5% |
| Rental Vacancy Rate | 1.6% |
| Market Type | Seller's |
| Primary ZIP Code | 07646 |
Top Real Estate Agents in New Milford, Paterson
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for New Milford, Paterson, NJ. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15