All Countries
New Providence, NJ
Full City Profile · New Jersey · Union County County
4.2
/5.0
A
Great
13,577
Population
3,679/sq mi density
$162,877
Median Income
$86,023 per capita
$734,300
Home Value
$967,270 Zillow
$1,906
Median Rent
22.6% income on rent
53°F
Avg Temperature
271 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$162,877 median income, 2.0% unemployment
A
Affordability
4.1 / 5.0
$734,300 home value, $1,906/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
66.6% bachelor's degree or higher
Housing Overview
Median Home Value
$734,300
160% above
US avg: $281,900
Median Rent
$1,906/mo
64% above
US avg: $1,163/mo
Homeownership Rate
75.6%
16% above US avg (65.4%)
Total Housing Units
5,331
Median year built: 1963
Home Value by Source
Census Median
$734,300
Zillow (ZHVI)
$967,270
Median Sale Price
$1,325,000
Median List Price
$899,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.6%
Owner-Occupied
24.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,906/mo
· Zillow rent:
$2,598/mo
Market Indicators (Redfin)
Median Days on Market
16 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$480
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
22.6%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
75.6%
Complete Housing Data
Home Values
| Census Median Value | $734,300 |
| Zillow Home Value (ZHVI) | $967,270 |
| Median Sale Price | $1,325,000 |
| Median List Price | $899,000 |
| Price Per Sq Ft | $480 |
Rent
| Census Median Rent | $1,906 |
| Zillow Rent (ZORI) | $2,598 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 16 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 9 |
| Price Per Sq Ft | $480 |
Ownership & Stock
| Owner-Occupied | 75.6% |
| Renter-Occupied | 24.4% |
| Homeownership Rate | 75.6% |
| Total Housing Units | 5,331 |
| Median Year Built | 1963 |
| Rent Burden | 22.6% |