* FirstInstallmentWins: Widely regarded as the best film in the franchise and a landmark in horror films.
* HarsherInHindsight:
** At one point, Tina notes that nightmares foreshadow earthquakes. L.A. was hit by those during the filming of ''Film/WesCravensNewNightmare''. Interestingly, they [[ThrowItIn actually worked]] [[RealLifeWritesThePlot the earthquake]] into ''New Nightmare''.
** With the advent of the Internet and online stalkers, the movie's themes have become more relevant than ever.
** During the commentary, Creator/WesCraven notes that the old prison where they filmed was later condemned for asbestos pipes. He comments they would all die of cancer. Not so funny after his death of brain cancer in 2015.
* HilariousInHindsight
** Creator/JohnnyDepp tagged along to auditions for the film with a friend. Creator/WesCraven asked Depp to read as well, and Depp ended up being cast instead of his friend he was supporting. But fret not about the friend; 26 years later, Creator/JackieEarleHaley would go on to [[Film/ANightmareOnElmStreet2010 play Freddy Krueger himself]].
** Creator/JohnnyDepp getting killed off by a man with knives for fingers. Depp later gets out of ''[[Series/TwentyOneJumpStreet Jump Street]]'' by playing a man with [[Film/EdwardScissorhands scissors for hands.]]
** Nancy's boobytraps are pretty ''Film/HomeAlone''-ish.
* HolyShitQuotient: Glen's death.
* NightmareRetardant: At the end of the film, when [[spoiler:Freddy drags what is supposed to be Nancy's mother through the little window in her front door as a [[NotQuiteDead final scare]]. It's a [[{{Narm}} hilariously]] [[SpecialEffectsFailure obvious mannequin.]]]]
* RetroactiveRecognition: This was the first movie Creator/JohnnyDepp played in.
* SpecialEffectsFailure: Freddy's stretching arms look rather shaky by modern standards. The mom mannequin at the end doesn't hold up either. In two scenes where a character jumps, you can see the mattresses.
* TearJerker: Nancy's reaction to Tina's death:
-->'''Nancy''': You know Tina, she dreamed this was gonna happen...She had a nightmare, that someone was trying to kill her. ''(breaks down sobbing)'' That's why we were there, mom. She just didn't wanna sleep alone.
* VindicatedByVideo: The movie did solid box-office business for a low budget 1984 movie, but it was the home video sales that really demonstrated what a money-maker Freddy could be.
* SugarWiki/VisualEffectsOfAwesome: Glen's death and the ''epic'' geyser of blood that follows.
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