Performance indicators for the West Milford short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in West Milford.
Loading top listings...
Generally Investor friendly
Short-term rentals are not prohibited and appear allowed under state rules (Vacation Rental Act registration and NJ Uniform Fire Code compliance), with no citywide caps or restrictive zoning mentioned for Milford; the lack of a specific STR ordinance and potential local verification/neighbor issues create modest uncertainty and cost, but no major municipal barriers.
Local STR Agent
STR specialist · West Milford, NJ
Milford is a borough located in western Hunterdon County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 1,232, a decrease of one person (−0.1%) from the 2010 census count of 1,233, which in turn reflected an increase of 38 (+3.2%) from the 1,195 counted in the 2000 census.Milford was incorporated as a borough by an act of the New Jersey Legislature on April 15, 1911, from portions of Holland Township, based on the results of a referendum held on May 8, 1911. The borough's incorporation was confirmed on March 13, 1925.The borough is located on the Delaware River in the western portion of Hunterdon County, known as the Hunterdon Plateau. The borough dates to the mid-18th century when a grist mill was established beside a river in what was then Bethlehem Township. After the mill was destroyed by fire in 1769, the settlement became known as Burnt Mills in Alexandria Township. The area was renamed as "Lowreytown" after Thomas Lowrey purchased land in the area in 1796. The community became commonly known as "Millford" or "Millsford" by the beginning of the 19th century, but by 1844 the name had lost a letter or two. By 1863 it was consistently spelled as "Milford". The community was incorporated in 1911 but the official incorporation was not registered until 1925.
