House Prices

House Prices & Home Values New Providence, NJ 2026


Average Data

average house price$825,694
average size per house2342 ft²
average price per ft²353 $ / ft²

04/05/2026 - The value range (VR) for house prices in New Providence, NJ is $378/ sqft to $378/ sqft. An average home with 2342 sqft costs approximately $885,276 to $885,276. New Providence, NJ includes 1 ZIP codes and it is located in Union county. The lowest prices are found in ZIP 07974, while the highest are in ZIP 07974. The average price per sqare feet is $353. Our analysis is based on 105 property listings.

Avergage prices by ZIP codes New Providence

07974371 $ / ft²


House prices by neighborhoods in New Providence

Allen W. Roberts area416 $ / ft²
Carriage Park394 $ / ft²
Downtown New Providence410 $ / ft²
Murray Hill402 $ / ft²
Oakwood Park367 $ / ft²
Salt Brook412 $ / ft²




Historical development of home values in New Providence

Year Estimated value (USD) Change vs. 2025
2010 $383,467 -53.6%
2011 $368,639 -55.4%
2012 $367,646 -55.5%
2013 $381,388 -53.8%
2014 $400,352 -51.5%
2015 $420,899 -49.0%
2016 $442,865 -46.4%
2017 $466,768 -43.5%
2018 $492,574 -40.3%
2019 $515,413 -37.6%
2020 $542,058 -34.4%
2021 $616,532 -25.3%
2022 $718,738 -13.0%
2023 $757,943 -8.2%
2024 $801,791 -2.9%
2025 $825,694 0.0%

Graph: estimated home values in New Providence over time (USD)



Example: 100% financing house in New Providence

Loan amount: $825,694

Interest rate: 6.00%

Fixed monthly payment: $4,950.45

Breakdown in the 1st month:
Interest portion: $4,128.47  –  Principal portion: $821.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $49,265.81 $10,139.62 $815,554.38
2 $48,640.42 $10,765.01 $804,789.37
3 $47,976.46 $11,428.97 $793,360.40
4 $47,271.55 $12,133.88 $781,226.52
5 $46,523.16 $12,882.28 $768,344.24
6 $45,728.61 $13,676.83 $754,667.41
7 $44,885.05 $14,520.38 $740,147.03
8 $43,989.46 $15,415.97 $724,731.06
9 $43,038.64 $16,366.79 $708,364.27
10 $42,029.17 $17,376.26 $690,988.01
11 $40,957.44 $18,447.99 $672,540.02
12 $39,819.61 $19,585.82 $652,954.20
13 $38,611.60 $20,793.83 $632,160.37
14 $37,329.08 $22,076.35 $610,084.02
15 $35,967.46 $23,437.97 $586,646.05
16 $34,521.86 $24,883.57 $561,762.47
17 $32,987.09 $26,418.34 $535,344.13
18 $31,357.67 $28,047.76 $507,296.37
19 $29,627.74 $29,777.69 $477,518.68
20 $27,791.12 $31,614.31 $445,904.37
21 $25,841.22 $33,564.21 $412,340.16
22 $23,771.05 $35,634.38 $376,705.78
23 $21,573.20 $37,832.23 $338,873.55
24 $19,239.79 $40,165.64 $298,707.91
25 $16,762.46 $42,642.97 $256,064.94
26 $14,132.34 $45,273.09 $210,791.85
27 $11,339.99 $48,065.44 $162,726.41
28 $8,375.42 $51,030.01 $111,696.40
29 $5,228.00 $54,177.43 $57,518.97
30 $1,886.46 $57,518.97 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in New Providence, NJ


1500 sqft3900 sqft
Ø selling price$640,695$1,362,933
Ø fast selling$582,450$1,226,640
Ø high price sale$698,940$1,499,227

In 2026, houses in New Providence, NJ will be offered at an average price of $353 per square foot. A 1,500 sqft home priced at $640,695 is 22.52% more expensive per square foot than a 3,900 sqft home priced at $1,362,933. Home prices in New Providence, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $943,570. Sellers who can wait longer may achieve a higher price of up to $1,153,252.


Discover New Providence, NJ

Located in Union County, New Providence, New Jersey is a welcoming suburban borough known for safety, greenery, and a tight-knit vibe. This family-friendly community blends small-town charm with convenient access to New York City jobs and culture.

Location and Transit

The town is highly commuter-friendly, served by NJ Transit's Gladstone Branch at the New Providence and Murray Hill stations. Drivers enjoy quick connections via I-78 and Route 24 to Summit, Berkeley Heights, and Newark Liberty International Airport
for business and leisure travel.

Schools and Parks

The New Providence School District earns top marks for academics, athletics, and the arts, attracting many homebuyers. Outdoor lovers explore Oakwood Park, Passaic River Park, and nearby Watchung Reservation for fields, trails, and year-round recreation.

Downtown and Community

A walkable downtown offers locally owned restaurants, cafes, boutiques, and a seasonal farmers market that adds fresh flavor. Community spirit shines through Independence Day fireworks, street fairs, and the Salt Box Museum showcasing the borough?s history.

Housing and Economy

Housing ranges from classic Colonials and Capes to new construction and townhomes, with stable real estate values and tree-lined streets. Residents benefit from a diverse economy of local businesses and nearby corporate hubs in pharmaceuticals, technology, and healthcare.



FAQ – Home Values in New Providence

What is the median home value in New Providence in 2026?

In 2026, the typical home value in New Providence is about $825,694 for an average home size of 2342 square feet. This corresponds to an average price of roughly $353 per square foot.

What is the average cost per square foot in New Providence?

In 2026, homes in New Providence sell for an average of around $353 per square foot, with a typical range between $378 and $378 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in New Providence is about 2342 square feet, with an estimated 2026 value around $825,694.



Locations close to New Providence, NJ

New Vernon, NJ380 $ / ft²
Peapack, NJ341 $ / ft²
Pottersville, NJ387 $ / ft²
Mount Freedom, NJ359 $ / ft²
Convent Station, NJ434 $ / ft²
Morristown, NJ477 $ / ft²
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