Skip to main content

NJ area data

New providence, NJ

New providence, NJ.

Population: 13,349 (Census ACS)

Home values & appreciation

Median home value
$1.02M
1-year appreciation
+7.4%
3-year appreciation
+22.8%
5-year appreciation
+40.4%
10-year appreciation
+61.3%
All-time peak (2026-07)
$1.02M
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$1.24M
Median list price
$1.15M
Median days on market
14.5 days
Sale-to-list ratio
107.8%
Active listings
10
1-year forecast
+2.9%
Days to pending
26 days
New listings (monthly)
11

Rents

Typical rent
$2,791/mo
1BR fair-market rent
$1,731/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
iceStorm, lightning, strongWind, winterWeather, inlandFlooding
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
64.0°F
Average low
44.0°F
Annual precipitation
52.4 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
52
Days with Good air quality
163
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
14.5 / 20
Transit service frequency
772

Amenities

National parks within ~60 mi
22
Nearest national park
Morristown National Historical Park (8 mi)
Nearest airport
Morristown Municipal Airport (MMU) (7 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (7 mi)
Hospitals nearby (~15 mi)
33
Avg hospital rating
2.5 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-2,824 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$10,001
Mean commute to work
23 min
Households with broadband internet
91.1%

Employment & development

Total county employment
199,693
Average weekly wage
$1,578
Top industries (by employment)
Health Care, Administrative Services, Professional Services
Annual residential building permits (county)
89

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents