1 / 25
$585,000
316 Grove Street, New Milford, NJ, 07646
MLS# 26032121
4
Bedrooms
3
Bathrooms
1
Half Baths
1,648
Sq Ft
0.172 acres (7,500 sqft)
Lot Size
1940
Year Built
Residential — Colonial
Property Type
Description
Welcome to an exciting opportunity in New Milford! This 4-bedroom, 2.5 bath home offers approximately 1,648 sq. ft. of living space on a 7,492 sq. ft. lot, providing plenty of room and potential to create a home that truly reflects your style. The first floor features a living room, dining room, kitchen, two bedrooms, a full bathroom, and a sunroom, a flexible space perfect for relaxing, entertaining, or creating a home office. Upstairs, you'll find two additional bedrooms and another full bathroom. The finished basement adds even more usable space with a half bathroom and separate entrance leading to the yard. Outside, enjoy a spacious backyard with plenty of possibilities, along with a one car garage and a driveway that can accommodate up to four cars. Conveniently located near Route 4, Route 17, and Route 80, with NJ Transit transportation nearby for an easy commute into New York City. This home is being sold as is and needs TLC, making it a great opportunity for buyers ready to bring their vision, creativity, and personal touches to transform this property into a home of their own.
Tax & Financial Information
| Annual Property Taxes | $12,500 (NJ Public Records) |
| Tax Assessment | $589,600 |
| Land Assessment | $405,000 |
| Listed | August 25, 2026 |
Property Features
Interior
- ✓Heating: Electric,Gas,Hot Air,Other/See Remarks
- ✓Cooling: Win/AC
- ✓Basement: Finished
Exterior & Lot
- ✓Parking: Detached
Listing Information
Listing Office: Keller Williams Team Realty — 973-253-2800
Listing Agent: Alicia Alarcon — 973-920-0005 — agalarcon@kw.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/9/2026.
Total Monthly Cost
$4,809/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $117,000 | Loan: $468,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
New Milford
Pascack Valley Line
New Milford Station
~0.3 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
Similar Properties in New Milford
Active$679,900
213 Baldwin Avenue, New Milford, NJ, 07646
New Milford, NJ
🚂48 min to NYC
Est. $5,345/mo total cost
Listed by Pristine Homes and Estates, Inc.
Active$580,000
186 Grand Street, New Milford, NJ, 07646
New Milford, NJ
🚂48 min to NYC
Est. $4,718/mo total cost
Listed by Coldwell Banker, Alpine/Closter
Active$850,000
1125 Korfitsen Road, New Milford, NJ, 07646
New Milford, NJ
🚂48 min to NYC
Est. $6,621/mo total cost
Listed by EXP Realty, LLC
Active$499,999
301 Birchwood Road, New Milford, NJ, 07646
New Milford, NJ
🚂48 min to NYC
Est. $4,193/mo total cost
Listed by Prominent Properties Sotheby's International Realty-Ridgewood
The data relating to 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 Better Homes and Gardens Real Estate Green Team are marked with the NJMLS 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.
This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.
Property listings provided by GardenState.ai through authorized access to NJMLS.
Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462
Real Estate Agent: Julio Reynoso
GardenState.ai is an independent Artificial Intelligence platform. We are not affiliated with, sponsored by, or part of NJMLS.
All listings are displayed in accordance with IDX regulations of the State of New Jersey.
Equal Housing Opportunity. All real estate advertised herein is subject to the Federal Fair Housing Act, the New Jersey Law Against Discrimination, and applicable state and local fair housing laws, which make it illegal to advertise any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, gender identity, or any other protected class.