Why Live in New Providence
New Providence, a suburban neighborhood in New Jersey, is located about 30 miles west of New York City. Known for its top-rated school system, residents have access to Allen W. Roberts Elementary School, Salt Brook Elementary School, New Providence Middle School, and New Providence High School, all of which have high ratings. The high school’s athletics program is also highly regarded, with multiple state championships. Housing in New Providence includes homes from the 1950s and 1960s, featuring split-levels, Cape Cods, and ranch styles, as well as larger colonial and new-traditional homes. The neighborhood is car-dependent with a Walk Score of 30, but it offers a hassle-free commute with two local train stations. Safety is a notable feature, with crime rates significantly lower than the national average.
Residents enjoy various local features such as the New Providence Community Pool, Veteran’s Memorial Park, and Lincoln Park, which offers playgrounds and sports facilities. For outdoor activities, the Lenci Wilderness Trail and Watchung Reservation, located about 3 miles away, provide ample opportunities for hiking and nature walks. The downtown area along Springfield Avenue and South Street includes essential stores like CVS and ACME Grocery Store, fitness studios like Orangetheory Fitness and Pure Barre, and dining options such as Chopt Creative Salad Co., Smashburger, Prestige Diner & Restaurant, and Bakehouse By Joe Murphy.
New Providence is conveniently located within a 31-mile drive to Manhattan, 24 miles to Hoboken, and 16 miles to Newark. Newark Liberty International Airport is also 16 miles away, and Overlook Medical Center is just 3 miles from the neighborhood. The community hosts various annual events, including an Earth Day Green Fair, a Fishing Derby, a Memorial Day Parade, summer fireworks, and a fall street fair.
Frequently Asked Questions
Is New Providence a good place to live?
New Providence is a good place to live. New Providence is considered fairly walkable and bikeable. New Providence is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. New Providence has 12 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 44. The average household income is $179,107 which is above the national average. College graduates make up 71.2% of residents. A majority of residents in New Providence are home owners, with 23.6% of residents renting and 76.4% of residents owning their home. A
local real estate agent serving New Providence can help you decide if this neighborhood is the right one for you. Learn more on our
New Providence neighborhood guide.
Is New Providence, NJ a safe neighborhood?
New Providence, NJ is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in New Providence?
The median home price in New Providence is $303,537. If you put a 20% down payment of $60,700 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in New Providence. The average household income in New Providence is $179K.
What are the best public schools in New Providence?
The best public schools that serve New Providence are:
What are the best private schools in New Providence?
The best private schools that serve New Providence are:
What are the most popular zip codes in New Providence, New Providence, NJ?
Are home prices dropping in New Providence?
Yes, home prices in New Providence are down 57% in the last 12 months.
Home Trends in New Providence, NJ
On average, homes in New Providence, NJ sell after 78 days on the market compared to the national average of 70 days. The median sale price for homes in New Providence, NJ over the last 12 months is $278,440, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$278,440
Median Single Family Sale Price
$329,000
Median Townhouse Sale Price
$448,005
Average Price Per Sq Ft
$266
Number of Homes for Sale
7
Last 12 months Home Sales
64
Median List Price
$303,537
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-30%
