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New Providence, NJ Real Estate & Property Data

New Providence Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into New Providence, NJ. ATTOM’s New Providence real estate data is updated daily, and current market trends show that in New Providence, NJ a total of 123 residential properties have sold over the past year. With a median home price of $825,000 in New Providence. Get detailed property data for New Providence, NJ instantly. ATTOM is your one-stop-shop for the New Providence property reports and real estate data you need in New Providence, NJ.

New Providence Real Estate Market Trends

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Total Residential Properties 3,805

Total Commercial Properties 120

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 2,182

Total 2024 Residential Sales (year-to-date) 14

% of Homes Seriously Underwater (Q2 2024) 0.79%

Total 2023 Residential Sales 116

% of Equity Rich Homes (Q2 2024) 48.58%

Effective 2023 Property Tax 1.74%

Total Foreclosure Filings (year-to-date) 1

New Providence, NJ Real Estate Overview

There were 123 residential properties sold in the past year in New Providence, NJ. The median home value in New Providence, NJ is $816,300. There are a total of 3,805 residential properties in the New Providence.

Median Sales Price i

$825,000

(Feb 2024)

+21.1%

year-over-year

y-o-y

February '24 Feb '24 $825,000
January '24 Jan '24 $706,125
December '23 Dec '23 $702,500
November '23 Nov '23 $640,300
October '23 Oct '23 $852,000
September '23 Sep '23 $718,500
August '23 Aug '23 $840,000
July '23 Jul '23 $700,430
June '23 Jun '23 $862,500
May '23 May '23 $754,500
April '23 Apr '23 $735,000
March '23 Mar '23 $710,000

Median Down Payment i

$260,000

(Feb 2024)

+70.2%

year-over-year

y-o-y

February '24 Feb '24 $260,000
January '24 Jan '24 $132,625
December '23 Dec '23 $192,375
November '23 Nov '23 $160,075
October '23 Oct '23 $357,000
September '23 Sep '23 $140,000
August '23 Aug '23 $219,990
July '23 Jul '23 $96,293
June '23 Jun '23 $184,900
May '23 May '23 $138,567
April '23 Apr '23 $157,000
March '23 Mar '23 $55,841

Number of Homes Sold i

6

(Feb 2024)

-14.3%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 8
December '23 Dec '23 12
November '23 Nov '23 7
October '23 Oct '23 15
September '23 Sep '23 11
August '23 Aug '23 16
July '23 Jul '23 9
June '23 Jun '23 14
May '23 May '23 11
April '23 Apr '23 5
March '23 Mar '23 2

Number of Purchase Loans i

3

(Feb 2024)

-57.1%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 7
December '23 Dec '23 6
November '23 Nov '23 7
October '23 Oct '23 10
September '23 Sep '23 6
August '23 Aug '23 11
July '23 Jul '23 5
June '23 Jun '23 11
May '23 May '23 10
April '23 Apr '23 5
March '23 Mar '23 2

Number of REFI Loans i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 3
September '23 Sep '23 7
August '23 Aug '23 4
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 3
March '23 Mar '23 3

Number of HELOC Loans i

7

(Feb 2024)

+16.7%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 3
December '23 Dec '23 2
November '23 Nov '23 6
October '23 Oct '23 4
September '23 Sep '23 4
August '23 Aug '23 11
July '23 Jul '23 6
June '23 Jun '23 6
May '23 May '23 6
April '23 Apr '23 4
March '23 Mar '23 8

New Providence, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07974
$816,300 $374.15/sqft

New Providence, NJ Foreclosure Activity

Total Foreclosure Filings i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 1
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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