71 Prospect Ave, New Milford, NJ, 07646
About This Home
Welcome to 71 Prospect Avenue, New Milford, NJ! This charming and beautifully maintained 4-bedroom, 2-bathroom home offers the perfect blend of comfort, space, and convenience. Step inside to find inviting living areas filled with natural light, creating a warm and welcoming atmosphere for both everyday living and entertaining. The flexible layout provides plenty of room for growing families, guests, or a home office setup. Enjoy a spacious backyard perfect for summer barbecues, gardening, or simply unwinding after a long day. Conveniently located near parks, schools, shopping, dining, and major transportation, this home offers the ideal balance of suburban tranquility and accessibility. Whether you're looking for your first home or your next chapter, 71 Prospect Avenue is a place where lasting memories are waiting to be made. Don't miss this wonderful opportunity to make this charming New Milford residence your own!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Brick,Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood,Carpet
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard,Natural Gas,Hot Water,Zoned
- Cooling features: Central Air
Property
Details
- Parcel number: 3801506000000010
Features
- Pool features: None
- Has view: Yes
- View description: West
- Waterfront features: None
Lot
- Features: Regular
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $1,258 | $15,096 |
| Electricity | $193 | $2,318 |
| Total | $5,693 | $68,316 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $799,000 |
| 2026-07-23 | Listed for sale | $844,999 |
| 2026-07-09 | Pending sale | $844,999 |
| 2026-06-30 | Listed for sale | $844,999 |
| 2025-05-12 | Sold | $800,000 |
| 2025-03-11 | Pending sale | $750,000 |
| 2025-02-27 | Listed for sale | $750,000 |
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