Novo Selo Koreničko is located in the municipality Plitvička Jezera, in Lika-Senj County at an elevation of 335 meters above sea level and it covers the area of 6.16 km² (2.38 sq. miles). According to the 2011 census report, there were only 11 inhabitants. It is mostly populated by Serbs (65%), but also Croats (35%). Nearby places: Ličko Petrovo Selo, Željava, Zaklopača, Rešetar, Gornji Vaganac, Prijeboj, Donji Vaganac, Jezerce, Čujića Krčevina and Kapela Korenička.