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Condo Foreclosures in New Providence, NJ 07974

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New Providence, NJ Foreclosures

How much do homes sell for in New Providence, NJ?
The average home price is currently $927,122.
What’s the average rental cost in New Providence, NJ?
The average rental price in New Providence is $2,915.
What is the most expensive home in New Providence?
The most expensive home sold in New Providence had a price of $3,200,000.
What is currently the cheapest priced home in New Providence, NJ?
The cheapest home for sale in New Providence is priced at $134,846.

Living in New Providence, NJ

New Providence, NJ, is a picturesque suburban town known for its outstanding schools and family-oriented community. With a rich array of parks and recreational options, it is perfect for outdoor lovers. The convenient transportation links to New York City make it an ideal choice for commuters.

Current Market Conditions in New Providence, NJ

The real estate market in New Providence has shown steady growth over the past year, with consistent demand for single-family homes. The affordability compared to nearby cities like Summit and Morristown has attracted many new residents looking for a suburban lifestyle with urban amenities.

More buyers are becoming interested in moving to New Providence due to its high-quality school system and community spirit, resulting in a competitive market for available properties, especially single-family homes.

Home Value Estimator For New Providence, NJ

There are currently 4,136 real estate properties in New Providence, NJ, with a median automated valuation model (AVM) price of $888,526.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Providence, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Providence, NJ, is $927,122.00, with the most expensive house in New Providence, NJ, topping out at $3,200,000.00 and the cheapest home in New Providence, NJ, clocking in at $134,846.00. In other words, there’s something for every potential homebuyer or savvy investor in New Providence, NJ!

Rent Prices In New Providence, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Providence, NJ, is on a rollercoaster ride. The average rent price in New Providence, NJ, is $2,915.00. Indeed, when looking to rent in New Providence, NJ, you can expect to pay as little as $1,400.00 or as much as $5,000.00, with the average rent median estimated to be $2,780.00. The good news is that finding an affordable and desirable property to rent in New Providence, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

New Providence, NJ 07974 Condos

Market Trend for New Providence, NJ

Total Listings Available: 0

Market Values:

Home Prices from $134,846 to $3,200,000

Average Sales Price: $927,122

Rental Values:

Rental from $1,400 to $5,000

Average Rent Value: $2,915 / month

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