Housing & Real Estate — New Providence, New Jersey
Overview
| Total Housing Units | 5,500 |
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| Occupied | 5,201 |
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| Vacant | 299 |
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| Owner-Occupied | 3,932 |
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| Renter-Occupied | 1,269 |
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| Median Home Value (Census) | $769,900 |
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| Estimated 2026 | ~$858,000 |
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| Median Rent | $1,906/mo |
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| Median Property Tax | $10,001/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 14.2% |
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| Severely Rent-Burdened | 31.6% |
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Housing Age
| Built 2010 or later | 839 |
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| Built 2000-2009 | 182 |
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| Built 1990-1999 | 149 |
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| Built before 1960 | 2,590 |
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| Median Year Built | 1963 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
