Milford, NJ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Milford short-term rental market based on reliable data.

Listings

19 / 42

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$28,474

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$530,584

Median Home Sale Price

Top Earners

$71,325

Top-Earners Revenue

Milford

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Milford.

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B

Generally Investor friendly

Milford Regulations

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.

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About Milford

Milford is a small borough in Hunterdon County, New Jersey, tucked along the eastern bank of the Delaware River in the rolling countryside of western New Jersey. With a population of roughly 1,200 residents, it has the quiet, walkable feel of a historic river town, lined with 19th-century homes and shaded streets that slope gently toward the water. The borough is best known as a tranquil gateway to the Delaware River Valley, a region prized for scenic drives, small-town character, and easy access to both the river and the surrounding hills. It sits about 70 miles northeast of Philadelphia and roughly 75 miles west of New York City, with the larger river town of Easton, Pennsylvania, only a short drive to the north.

Just upriver from Milford lies Frenchtown, a similarly small but lively borough known for its art galleries, antique shops, and riverside cafés. The drive between the two towns takes only a few minutes, and Frenchtown functions almost as Milford's social extension, offering visitors a place to browse boutiques or grab a bite after a day on the water. Its colorful downtown and walkable streets make it one of the most visited small towns in the Delaware River Valley.

On the Pennsylvania side of the river, Delaware Canal State Park follows the old towpath of the 19th-century Delaware Canal for miles in both directions. Visitors can walk, jog, or bike the flat crushed-stone path under a canopy of trees, with the canal on one side and the Delaware River visible through the woods on the other. The park's upper sections are within a short drive of Milford, providing an easy, low-commitment way to spend a morning or afternoon outdoors.

Within about a thirty-minute drive, Round Valley Reservoir offers a wilder outdoor experience, with clear blue water ringed by steep, forested ridges. One of the deepest lakes in New Jersey, it supports swimming, boating, and fishing in season, drawing visitors who want a more rugged outing than the river provides.

Taken together, Milford's combination of small-town quiet, riverfront scenery, and proximity to a network of parks and neighboring river towns makes it a thoughtful base for short-term rentals. Travelers who stay here are within easy reach of cultural stops in Frenchtown and New Hope, outdoor days along the Delaware Canal, and longer drives into the wider Mid-Atlantic, all while returning each evening to a place that still feels distinctly local and unhurried.

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