House Prices

Murray Hill New Providence, NJ House Prices & Home Values 2026


Average Data

average house price$876,061
average size per house2485 ft²
average price per ft²375 $ / ft²

04/05/2026 - The value range (VR) for house prices in Murray Hill New Providence, NJ is $356.25/ sqft to $393.75/ sqft. An average home with 2485 sqft costs approximately $939,284 to $1,038,156. 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 $375. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Murray Hill New Providence

07974402 $ / ft²




Historical development of home values in Murray Hill New Providence

Year Estimated value (USD) Change vs. 2025
2010 $406,859 -53.6%
2011 $391,125 -55.4%
2012 $390,072 -55.5%
2013 $404,652 -53.8%
2014 $424,773 -51.5%
2015 $446,574 -49.0%
2016 $469,879 -46.4%
2017 $495,241 -43.5%
2018 $522,620 -40.3%
2019 $546,853 -37.6%
2020 $575,123 -34.4%
2021 $654,140 -25.3%
2022 $762,581 -13.0%
2023 $804,177 -8.2%
2024 $850,700 -2.9%
2025 $876,061 0.0%

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



Example: 100% financing house in Murray Hill New Providence

Loan amount: $876,061

Interest rate: 6.37%

Fixed monthly payment: $5,460.33

Breakdown in the 1st month:
Interest portion: $4,647.50  –  Principal portion: $812.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $55,480.36 $10,043.54 $866,017.46
2 $54,822.00 $10,701.91 $855,315.55
3 $54,120.48 $11,403.42 $843,912.13
4 $53,372.98 $12,150.92 $831,761.20
5 $52,576.48 $12,947.43 $818,813.78
6 $51,727.76 $13,796.14 $805,017.64
7 $50,823.42 $14,700.48 $790,317.15
8 $49,859.79 $15,664.11 $774,653.04
9 $48,833.00 $16,690.90 $757,962.14
10 $47,738.90 $17,785.00 $740,177.13
11 $46,573.08 $18,950.82 $721,226.31
12 $45,330.84 $20,193.06 $701,033.25
13 $44,007.17 $21,516.73 $679,516.51
14 $42,596.73 $22,927.17 $656,589.34
15 $41,093.84 $24,430.06 $632,159.28
16 $39,492.43 $26,031.47 $606,127.82
17 $37,786.05 $27,737.85 $578,389.97
18 $35,967.82 $29,556.08 $548,833.88
19 $34,030.40 $31,493.50 $517,340.38
20 $31,965.98 $33,557.92 $483,782.46
21 $29,766.23 $35,757.67 $448,024.79
22 $27,422.29 $38,101.61 $409,923.18
23 $24,924.71 $40,599.20 $369,323.98
24 $22,263.40 $43,260.50 $326,063.48
25 $19,427.65 $46,096.26 $279,967.22
26 $16,406.00 $49,117.90 $230,849.33
27 $13,186.29 $52,337.61 $178,511.72
28 $9,755.53 $55,768.37 $122,743.34
29 $6,099.87 $59,424.03 $63,319.31
30 $2,204.59 $63,319.31 $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 Murray Hill New Providence, NJ


1500 sqft3900 sqft
Ø selling price$722,144$1,536,196
Ø fast selling$656,494$1,382,576
Ø high price sale$787,793$1,689,815

In 2026, houses in Murray Hill New Providence, NJ will be offered at an average price of $375 per square foot. A 1,500 sqft home priced at $722,144 is 24.40% more expensive per square foot than a 3,900 sqft home priced at $1,536,196. Home prices in Murray Hill New Providence, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $1,063,520. Sellers who can wait longer may achieve a higher price of up to $1,299,858.

FAQ – Home Values in Murray Hill New Providence

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

In 2026, the typical home value in Murray Hill New Providence is about $876,061 for an average home size of 2485 square feet. This corresponds to an average price of roughly $375 per square foot.

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

In 2026, homes in Murray Hill New Providence sell for an average of around $375 per square foot, with a typical range between $356.25 and $393.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Murray Hill?

The average home size in Murray Hill New Providence is about 2485 square feet, with an estimated 2026 value around $876,061.



Neighborhoods close to Murray Hill New Providence, NJ

Hartley Farms New Vernon, NJ365 $ / ft²
Bee Meadow Whippany, NJ309 $ / ft²
Alloway Alloway, NJ125 $ / ft²
Downtown Morristown Morristown, NJ461 $ / ft²
Coventry Park Morris Plains, NJ287 $ / ft²
Mendham Commons Mendham, NJ250 $ / ft²
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