Is New Milford, NJ a good place to invest in rental property?

New Milford, NJ has a median modeled monthly cash flow of $-4,232 and a median cap rate of 0.3%, on a median sold price of $692,500. Prices changed n/a year over year.

What is the average cap rate in New Milford, NJ?

The median cap rate across recently sold homes in New Milford, NJ is 0.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Milford, NJ?

The median sold price in New Milford, NJ is $692,500 (about $358 per square foot).

Investing in New Milford, NJ Real Estate

A data-driven snapshot of the New Milford, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$692,500Median sold price

$358Median $/sqft

0.3%Median cap rate

$-4,232Modeled cash flow / mo

—Appreciation YoY

0.3Months of supply

3Active listings

112Sold (last 12 mo)

What the New Milford numbers say

In New Milford, NJ, the median home sold for $692,500 (about $358 per square foot), and the typical deal models out to a 0.3% cap rate with a median $-4,232 of monthly cash flow. Inventory sits at about 0.3 months of supply — a tight, seller-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See New Milford cash-flowing listings

CashFlowRE ranks every for-sale home in New Milford, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Milford deals, or browse the national market data.