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Pleasant Acres

NEW MILFORD, NJ 07646

Real Estate Market Report  ·  Bergen County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEW MILFORD, NJ real estate market (07646) currently shows 15 active listings, with 1 pending sales. Homes are averaging 13 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 13 days on market compared to 18 days last year.

The median listing price has fallen 2.8% year-over-year, from $754,500 to $733,750.

Whether you are buying or selling in NEW MILFORD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,888  ·  Density: 2,856.2/mi²  ·  Median household income: $107,976

Typical home value: $478,576  ·  Homeownership: 63.5%

Market Overview

Active Listings
15
⇧ 15.4% vs 13 last year
Pending
1
7% pending ratio
Median Price
$733,750
⇩ 2.8% vs $754,500 last year
Average Price
$873,156
⇩ 2.5% vs $895,131 last year
Days on Market
13
⇩ 27.8% vs 18 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 13 last year
  • Days on market: 13 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $733,750 (-2.8% YoY)
  • Average: $873,156 (-2.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.2 miles — 205 listings ($389,134,716 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07646New Milford, NJ 076460.0 mi9$8,672,202$783,250$963,578
07621Bergenfield, NJ 076211.3 mi19$14,138,983$657,475$744,157
07649Oradell, NJ 076491.7 mi6$7,772,358$1,187,000$1,295,393
07652Paramus, NJ 076522.8 mi35$55,180,580$1,342,000$1,576,588
07666Teaneck, NJ 076663.1 mi37$39,329,557$723,000$1,062,961
07626Cresskill, NJ 076263.2 mi17$48,285,916$2,319,250$2,840,348
07627Demarest, NJ 076273.6 mi23$63,336,963$2,886,250$2,753,781
07670Tenafly, NJ 076703.6 mi11$41,218,628$2,975,000$3,747,148
07603Bogota, NJ 076034.1 mi8$4,781,232$611,500$597,654
07640Harrington Park, NJ 076404.4 mi3$4,118,751$1,323,750$1,372,917
07663Saddle Brook, NJ 076634.5 mi9$5,811,120$650,000$645,680
07605Leonia, NJ 076055.1 mi5$5,052,915$771,750$1,010,583
07632Englewood Cliffs, NJ 076325.2 mi23$91,435,511$4,017,000$3,975,457

Frequently Asked Questions

How many homes are for sale in NEW MILFORD, NJ 07646?

As of March 2026, there are 15 active listings in NEW MILFORD, NJ (zip code 07646), compared to 13 the prior year.

What is the median home price in NEW MILFORD, NJ 07646?

The median listing price in NEW MILFORD, NJ 07646 is $733,750 as of March 2026, a 2.8% decrease from $754,500 the prior year.

How long do homes stay on the market in NEW MILFORD, NJ?

Homes in NEW MILFORD, NJ 07646 spend an average of 13 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in NEW MILFORD, NJ 07646?

Based on current inventory and days-on-market data as of March 2026, NEW MILFORD, NJ 07646 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 13 days on market compared to 18 days last year.

How much can I save on real estate commission in NEW MILFORD, NJ?

With SELL123.com's maximum 3% commission, sellers in NEW MILFORD, NJ 07646 save an estimated $14,675 compared to a typical 5% commission on the median listing price of $733,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.