Murray Hill Station · Photo: Adam Moss · CC BY-SA 2.0136 homes sold in New Providence in the last year, at a typical $1.2M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Providence homes are listed.
Every place New Providence homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Providence.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of New Providence’s sales, at a typical $1.1M (year to May 2026)
136 homes sold in the year to September 2026.
typical sale · 122 sold in the year to May 2026
- Per square foot
- $528NJ $331
- Days to sell
- 15
- Sold over asking
- 71%
- Listings with a price cut
- 22%
Multi-family (2–4 units): 6 sold, typical $937K
Townhouses: 1 sold, typical $920K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
136 sales in the last year, against 211 in 2021 and a low of 119 in 2023. The typical sale went from $571K in 2016 to $1.2M.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $1.2M buys in New Providence
Check a listing against what New Providence homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Providence are more common than before the pandemic, but 85% fewer homes come up for sale
We read every month of New Providence’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 136 sales.
If you’re buying in New Providence
- Shop in May. It brings about 26 new listings a month, close to the busiest month, with fewer bidding wars (48% over asking).
- Expect to bid over asking. Buyers paid 109.8% of the list price on average; 78% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 26 a month), but June is the most competitive: 50% of June sales close over asking. January has the least competition (36%) but only about 12 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than New Jersey
| New Providence now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 78% | 23% | 55% | 44% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 2% | 1% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 109.8% | 98.4% | 102.1% | 100.9% |
| Days to sellMedian days from listing to contract | 14 | 94 | 73 | 46 |
10 homes for sale on a typical day
That’s 85% fewer than in 2017–19 and well under 2019’s 81.
New Providence ranks 11th of 300 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Providence is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 4.
Best time to buySchools
The schools grade for New Providence, from test results, graduation and how much students grow.
Schools in New ProvidenceTypical commute
The average one-way trip to work for people who live in New Providence.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Gillette, Mountainside, Springfield Township and Fanwood sell for less a square foot; Summit and Chatham for far more
The busier markets within 25 miles of New Providence, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Summit | 193 | $1.6M | $711 | 73% | 14 |
| New Providence | 136 | $1.2M | $552 | 78% | 14 |
| Chatham | 97 | $1.4M | $742 | 81% | 16 |
| Fanwood | 85 | $778K | $468 | 65% | 22 |
| Mountainside | 65 | $1M | $442 | 59% | 22 |
| Gillette | 34 | $744K | $376 | 59% | 33 |
| Springfield Township | 30 | $525K | $265 | 49% | 44 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Providence, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Providence. People who follow the town see it, and so do people comparing New Providence with their own town. No commission, no listing fee.
Questions about buying a home in New Providence
What do homes sell for in New Providence, NJ?
136 homes sold in the year to September 2026 at a typical $1.2M, $552 a square foot.
Is New Providence a buyer’s or seller’s market?
A seller’s market: 12 homes were for sale in September 2026 and 11 sold, about 1.1 months of supply. Buyers paid 109.8% of asking on average.
When is the best time to buy in New Providence?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in New Providence?
Zillow, Redfin, Realtor.com and Homes.com all carry New Providence’s MLS listings; the search links above open each one filtered to New Providence.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).