The town of New Paltz, New York, resides in Ulster County along the Wallkill River. Initially settled in the seventeenth century, this area blends a robust local history with outdoor recreation and real estate. Those interested in purchasing property in the town can enjoy its proximity to nature and one of the state universities.
A Brief History of the Town of New Paltz, New York
In 1677, twelve French Protestants, also called the “Duzine,” purchased over 40,000 acres of land near the Hudson River. They originally called the area “New Paltz Patent,” building stone structures and houses in the town today.
Eventually, the town broke off from other portions of the area and developed into modern New Paltz. Local residents grew intrigued by education, developing a college in the 1830s that now houses the State University of New York at New Paltz. Transportation grew in the area with the development of a local railroad in the 1870s that provided accessible travel to other areas of the county.
Today, the town houses a population of 7,500 people, several outdoor areas, a college, and plenty of real estate opportunities for future residents or investors.
What to See in New Paltz
Known for its outdoor attractions and lively history, New Paltz, New York, is an exciting location for those looking to explore scenic and historical sites. Below are some of the top attractions in the area.
Historic Huguenot Street
New Paltz’s founding members built a series of stone homes when they first arrived in the area. The homes still stand today along Historic Huguenot Street, and visitors can walk through the area to get a glimpse of the town’s history. The seven remaining structures showcase a small museum, and the area hosts several events throughout the year to entertain tourists and residents.
The area is one of the oldest continuously inhabited settlements in the United States. Huguenot Street became a National Historic Landmark and earned a spot on the National Register of Historic Places list in the 1960s.
In most months, the site is open for visitors on Saturday and Sunday from 10am to 4pm. Attendees can take a tour, visit the various museums on the property, and explore the gift shop. Town locals can register their children for camps and after-school programs. The location does not operate during the winter months.
Located just a few miles west of downtown New Paltz is the Mohonk Preserve. This nature preserve features over 8,000 acres of cliffs, ponds, forest, streams, hiking, and much more. There are over 70 miles of roads designated for carriages and over 40 miles of trails for biking, cycling, walking, running, and hiking. In the winter, when it snows, these trails are ideal for snowshoeing or cross-country skiing. Rock climbers love to visit the area and experience the 1,000 different options of climbing routes.
The group has maintained the Shawangunk Mountains for over fifty years, working with landowners and visitors to preserve the area. Interested participants can donate their land to the preserve or purchase a membership to help sponsor the group’s work.
Check out their website for different programs and events on the preserve year-round. Visitors can also find trail maps and guides to plan their routes before embarking on their adventures. The preserve hosts public hiking events in the warmer months and holiday auctions in the winter. Local residents can purchase different memberships to gain unlimited access to the area, along with discounts and opportunities to participate in extra events.
SUNY New Paltz
The State University of New York at New Paltz, or SUNY New Paltz, resides in the area and provides undergraduate and graduate student programs. Local residents and those across the nation can apply for the public university that currently has 8,000 students studying more than 100 different subjects. The college initially opened in 1828 as a Classical School, where students attended Greek and Latin classes. Eventually, the school evolved into an accredited state university.
Even those who do not take classes can appreciate the beautiful campus and surrounding area. The vibrant neighborhood offers various shops and restaurants, unique architecture, and historic buildings. Potential students can attend a tour before exploring other areas of New Paltz.
The Dorsky Art Museum
This art museum resides on SUNY New Paltz’s campus, featuring the work of local artists and students. Visitors can pay a suggested donation fee of $5 to enter the museum from Wednesday to Sunday from 11am to 5pm. There are several rotating collections from artists in the area, and participants can also attend free and public programs throughout the year.
Moriello Pool provides public access for town residents and guests from noon until sundown in the summer months. This is a perfect place to take the kids to cool off from the heat, or tan in the bright sun. Locals can also sign up for swim lessons and acquire a membership for repeated access.
Best Restaurants in New Paltz
New Paltz also boasts a collection of restaurants and dining opportunities, including some of the below favorites:
Those looking for some classic American food will enjoy Garvan’s Gastropub. This relaxed restaurant and bar serve all different kinds of classic American dishes. The restaurant is in an 18th-century home, so visitors can expect a rustic feel while enjoying their meal. Some popular dishes include Gorgonzola Sliders, Braised Short Ribs, and Grilled Ribeye.
For those who know they want a seat, making a reservation in advance is a good way to ensure a table. They take walk-ins on a first-come-first-served basis and are open for both lunch and dinner. Check out their website for large parties’ special events and catering options.
A Tavola Trattoria
For a tasty Italian food experience in New Paltz, A Tavola Trattoria is the place to go. This Italian restaurant features local ingredients in a stylish setting. They make sure to use locally sourced ingredients to serve classic Italian dishes such as pasta dishes, Pork Marsala, and Risotto. They also have an expansive drink menu with signature cocktails and local draft beer on tap.
This Italian eatery has gained a lot of recognition in the area. A Tavola Trattoria has won many awards, including the Best of Hudson Valley in 2016 and 2012. Visit the press section on their website to learn more about how the restaurant has been recognized in the community.
Real Estate in New Paltz, New York
The real estate market in New Paltz has plenty of properties that are near the water. Both families that looking to relocate to the area and real estate investors can find great opportunities in New Paltz.
*Photo contribution: RealtyHop
38 Plattekill Avenue
This rare property is a great investment opportunity for investors who can rent the unit out to SUNY New Paltz students. This is a multifamily property, with seven bedrooms and three bathrooms throughout the whole house. Each unit comes equipped with multiple bedrooms, bathrooms, and a full kitchen to accommodate those living there. The property also features a detached two-car garage.
Potential buyers can purchase 38 Plattekill Avenue for $685,000, though the unit does have a pending contract as of January 2023. The multi-family property resides only minutes away from the SUNY New Paltz campus. Students at the university will jump on the opportunity to rent this home with their friends for the school year.
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35 Bonticou View Drive
This four-bedroom, three-bathroom home at 35 Bonticou View Drive provides an advantageous option for larger families. The property features an open-concept kitchen and living room with hardwood floors. The unit also includes an apartment downstairs that includes a living space, kitchen, and sleeping area, making it the ideal situation for in-laws or an older child. Owners could even turn it into a profitable short-term rental property.
This unit currently sits on the market for $525,000 and has a potential monthly income-generating power of $3,000. The sellers listed the property at the end of 2022.
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806 Briarwood Court
Potential buyers can purchase this unit in the Briarwood Community. The unit includes a private entrance, three bedrooms, and three bathrooms, making it an affordable option for a small family. The modern kitchen includes white cabinets and countertops, along with stainless steel appliances like a dishwasher. Owners will have access to a private patio along the tree-lined block.
The sellers listed 806 Briarwod Court for $299,999 at the end of 2022. Prospective buyers will live within walking distance to Main Street and reside close to public transportation options. The unit also has assigned parking.
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191 Huguenot Street
Purchase a piece of history with this notable home that just hit the market. 191 Huguenot Street resides on the list of historic places for both New York State and National Registers of Historic Places, and this is the first time the public has the opportunity to purchase this five-bedroom, three-bathroom home. Located on what some consider the oldest street in America, this Dutch Colonial maintains its original period details like 20-inch-thick stone walls, Dutch doors, and wooden beams.
Interested buyers can acquire the property for $1,100,000 and take advantage of this rare opportunity. Homeowners can use the property as an income-generating short-term rental or move in themselves to appreciate the rich history.
History and nature lovers will appreciate the town of New Paltz. New residents and tourists will enjoy the original buildings, outdoor preserves, and a bustling college atmosphere. Residents and new potential locals and partake in the active real estate market and even potentially purchase a home on Historic Huguenot Street.
Besides this historic street, New Paltz, New York, has great restaurants and comradery. The college gives the town a lively young crowd, providing many long-term rental opportunities to investors.