12 Terrace Place #7
New Milford, Connecticut 06776
- Beds
- 1
- Baths
- 1
- SqFt
- 620
- Year Built
- 1968
- Property Type
- Condo
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Welcome to Terrace Place, a lovely brick condominium building close to the heart of picturesque New Milford. This 1-bedroom, 1-bathroom unit offers an open living layout, with a comfortably sized living room, kitchen and dining area. One parking space and a storage area in the shared laundry space (coin-operated washers and dryers) are assigned to the unit. Enjoy being close to New Milford's historic Village Green, movie theater, library, restaurants, shops, and parks. A wonderful commuter location, with easy access to public transportation and routes to NY. Unit must be owner-occupied.
Key Facts
- City/Town
- New Milford
- Neighborhood
- N/A
- Property / Style
- Condo · Apartment
- Year Built
- 1968
- Days on Market
- 0 days
- Beds
- 1
- Baths
- 1 full
- Living Area
- 620 sq ft
- Garage / Parking
- 1 total
- Property Taxes
- $1,760 / Annually
- HOA Fee
- $281 / Monthly
Market Snapshot
The New Milford Market
Condo · trailing 12 months
Active Listings
10
24 under contract
Median List Price
$337,000
10 active listings
Median Closed Price
$275,000
103 sales
Median Days on Market
31
10 active listings
Median $ / Sq Ft
$249
10 active listings
Sale-to-List Ratio
100.0%
103 sales
How this home compares
List Price
$159,900
vs $337,000 median
52.6% below median
Price / Sq Ft
$258
vs $249 median
In line with median
Days on Market
0 days
vs 31 days median
31 days fresher than median
Based on 10 active and 103 closed sales (trailing 12 mo) of condo in New Milford. Source: SmartMLS · As of August 23, 2026.
Location
12 Terrace Place #7, New Milford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 20, 2026per month
- Principal & Interest$821
- Property Taxes$147
- Insurance$53
- HOA$281
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Milford
- Neighborhood
- N/A
- County
- Litchfield
Residence
- Property Type
- Condo
- Subtype
- Condominium
- Style
- Apartment
- Year Built
- 1968
- New Construction
- No/Resale
- Living Area
- 620 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- Window Unit
- Laundry
- Coin Op LaundryCommon Laundry Area
- Laundry Location
- Common laundry entrance at back of bldg
- Appliances
- Electric RangeMicrowaveRefrigerator
- Basement
- None
Exterior & Lot
- Zoning
- RM
- Garage / Parking
- 1 total parking spaceOff Street ParkingAssigned Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Brick
- Lot Description
- N/A
HOA / Association
- Fee
- $281 / Monthly
Listing & Financials
- Property Taxes
- $1,760 / Annually
- Days on Market
- 0
- MLS #
- 24201231
- MLS Status
- Coming Soon
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/23/2026. This information is 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 or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 8/23/2026 at 6:35 PM UTC.