Property prices for sale in New Providence (New Jersey)

The prices in real estate in New Providence, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$728,366
Average price last 6 months
$47,665.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Providence has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $152,506. In the following month the price per sq.feet decreased considerably to $33,763. The price for the following two months in (August, September) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $70,730.5 to $1,534.5 during October, and November.

Average price

Based upon to the price in New Providence (cities), this has fallen considerably in the last 6 months. The average price for June is $848,338. During July the price had a considerable reduction till $655,965. In the following two months the average price has remained the same with regard to the previous two months from $752,151.5 to $717,322. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $734,736.75 and $715,624.5 between October and November.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $721,042 they are 14 % more affordable than the average price for New Providence. The properties with the lowest average price have 1 bedroom, Their price is 12 % cheaper than the average. After that we have properties with 2 bedrooms priced at $628,898.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $18,444 / sq.feet, with an average $650 / sq.feet price in New Providence. The properties with the highest average prices have 1 bedroom. They are 2781 % more expensive than the average followed by properties with 2 bedrooms with a price at $18,634 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $721,042 it is 15 % cheaper than the average price in New Providence. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $613,031 it is 14 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $18,444 / sq.feet followed by "Townhouse" priced at $18,501 / sq.feet. "Townhouse" is the most costly type of property with a $18,501 / sq.feet cost followed by "House" with an average price of $18,444 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in New Providence
Number of properties used in region New Jersey
$721,042
$650
284
231,224
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
75 Division Ave, New Providence, Nj 07901
 1
75 Division Ave, New Providence, Nj 07901
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New Providence, New Jersey - For Rent
Second floor unit, 2 bedroom, 2 full baths, work from home office space, quiet neighborhood, walking distance to nj transit, close to downtown summit shopping...
48 Dunlap St, New Providence, Nj 07974
 11
48 Dunlap St, New Providence, Nj 07974
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New Providence, New Jersey - For Rent - Duplex - 3 bedrooms
Spacious 3br 1 1/2 ba home, convenient to all new providence has to offer... Ac. Brand new stove. Full basement with laundry hookups available. Large shared...
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Murray Hill Gardens Southgate Road & Ethan Drive & Foley Place 1 Bedroom Apartment For Ren...
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New Providence, New Jersey - For Rent - Apartment - 675 sq.feet - 1 bedroom - 1 bathroom
One-time special $500 security deposit - located in new providence, murray hill offers one and two bedrooms apartments in a desirable location across the street...
Murray Hill Gardens Southgate Road & Ethan Drive & Foley Place 2 Bedroom Apartment For Ren...
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Murray Hill Gardens Southgate Road & Ethan Drive & Foley Place 2 Bedroom Apartment For Ren...
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New Providence, New Jersey - For Rent - Apartment - 825 sq.feet - 2 bedrooms - 1 bathroom
One-time special $500 security - located in new providence, murray hill offers one and two bedrooms apartments in a desirable location across the street from the murray...
Murray Hill Gardens Southgate Road & Ethan Drive & Foley Place 2 Bedroom Apartment For Ren...
 20
Murray Hill Gardens Southgate Road & Ethan Drive & Foley Place 2 Bedroom Apartment For Ren...
$1,750
New Providence, New Jersey - For Rent - Apartment - 825 sq.feet - 2 bedrooms - 1 bathroom
One-time special $500 security - located in new providence, murray hill offers one and two bedrooms apartments in a desirable location across the street from the murray...