Business For Sale in New Milford, NJ
 

MLS# : 24035960

Street : 170 River Edge Avenue
Price : $100,000
Town : New Milford, NJ 07646
General Tax Rate (2023) : 3.914%

PROPERTY DETAILS

Use : Service/Food
Type : Restaurant
Basement : None
Utilities : Sep Elec, Sep Heat, Sep Water
Owner Pays : None

PROPERTY DESCRIPTION

TAKE OUT RESTAURANT FOR SALE. FULL KITCHEN AVAILABLE. PARKING SPACES AVAILABLE.

Amenities

This listing is a courtesy of Kingstone Realty LLC
(201) 313-1002 office, listing agent Sung Hong

About New Milford, NJ Real Estate Market

Located in the central part of Bergen County in New Jersey state, the borough of New Milford covers an area of 2.32 square miles and is home to around 17,000 people. Deriving its name from the town of Milford in Pennsylvania, the borough of New Milford was formed in 1922 from the portions of Palisades Township after the results of a referendum came out in the same year. As soon as the borough of New Milford was created, Palisades Township got dissolved.

The borough of New Milford is surrounded by other boroughs of Bergen County, like Oradell, Bergenfield, Dumont, Teaneck and River Edge. It also houses a part of New Bridge Landing, along with Teaneck and River Edge.

New Milford suffered from the devastating effects of Hurricane Irene, which caused the flooding of Hackensack River up to 11.84 feet. Due to the rising conditions of flooding, many homes in New Milford besides the river were evacuated with immediate effect. You can find several homes for sale on the main roads of this New Jersey town, which include Madison Avenue, River Road, Boulevard and Milford Avenue. One of such New Jersey houses is the Demarest-Bloomer house, which got included in the National Register of Historic Places.
Population:  16,341
Total Housing Units:  6,362
Single Family Homes:  4,198
General Tax Rate (2023):  3.914%
Effective Tax Rate (2023):  2.410%
Compare To Other Towns

New Milford Market Indicators

PRICE INDEX

Average Price* (12mo):  $644,515
Homes Sold* (12mo):  92
PRICE INDEX
SINGLE FAMILY HOME SALES

New Milford, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  3.914%
Effective Tax Rate (2023):  2.410%
GENRAL TAX RATE - New Milford, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
610-844-6866 (cell)

Madisom Adams Sales Associate Maria Cisneros Martinez


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Real estate inventory
New Milford
Homes : $545,000 - 1,888,000 15 avail
Condos : -
Co-ops : -
Twnhs : $549,900 - 549,900 1 avail
2-4 Fam : -
5+ Fam : -
Land : -
Rentals : $4,500 - 4,900 2 avail
Mixd Use : -
Com S : -
Com L : -
Biz : $100,000 - 675,000 2 avail


Similar Listings in New Milford

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/23/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com