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Condo Foreclosures in New Providence, NJ

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New Providence, NJ Foreclosures

How much do homes sell for in New Providence, NJ?
The average home price is currently $993,312.
In New Providence, NJ, how many homes are available?
There are currently 23 active home listings available in New Providence.
What’s the average rental cost in New Providence, NJ?
The average rental price in New Providence is $2,916.
What is the most expensive home in New Providence?
The most expensive home sold in New Providence had a price of $76,770,264.
What is currently the cheapest priced home in New Providence, NJ?
The cheapest home for sale in New Providence is priced at $27,144.

Living in New Providence, NJ

New Providence, NJ is a delightful suburban community known for its family-friendly atmosphere and vibrant downtown area. It features excellent schools, local parks for recreation, and convenient access to public transportation. With its strong sense of community and variety of amenities, it is an ideal location for both families and professionals.

Current Market Conditions in New Providence, NJ

The real estate market in New Providence is currently experiencing steady growth. Home values have seen a gradual increase, reflecting the community's desirability and strong demand for housing. Buyers are particularly drawn to well-maintained homes and properties with spacious yards, which are often competitive in this market.

Historically, New Providence has maintained a stable real estate market, with homes selling quickly due to their prime locations and access to excellent schools. Recent trends indicate a rise in interest from out-of-state buyers looking for suburban living with easy access to urban centers.

Home Value Estimator For New Providence, NJ

There are currently 4,221 real estate properties in New Providence, NJ, with a median automated valuation model (AVM) price of $891,793.00. 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 $993,312.00, with the most expensive house in New Providence, NJ, topping out at $76,770,264.00 and the cheapest home in New Providence, NJ, clocking in at $27,144.00. 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 $2,916.00. 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 Condos

Market Trend for New Providence, NJ

Total Listings Available: 23

Market Values:

Home Prices from $27,144 to $76,770,264

Average Sales Price: $993,312

Rental Values:

Rental from $1,400 to $5,000

Average Rent Value: $2,916 / month

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