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New Providence New Jersey Real Estate By Jennifer Hershey

New Providence New Jersey Real Estate

New Providence, New Jersey, is located in Union County, 7 miles W of Union, New Jersey and 22 miles W of New York, New York. New Providence has a population of 11,907.

New Providence Homes

New Providence properties pool is 4,404 residential properties including New Providence new homes. Median age of real estate in New Providence is 1957. Average Household size is 3.13 people. 1% are one bedroom homes, 7% are 2 bedroom homes, 44% are 3 bedroom homes, 40% are 4 bedroom homes, and 7% are 5+ bedroom homes.

New Providence Mortgage Statistics

New Providence mortgages vs. USA median statistics

Homes New Providence USA
Homes With No Mortgage 29%
30%
Homes With Mortgage 71%
70%
First Mortgage Only 49%
54%
First & Second Mortgage or HELOC 22%
16%

New Providence Area Real Estate Tax

New Providence Real estate Tax: Median Real Estate Taxes (2000) were $6,441 comparing to 1999 Median Family income $ 105,013. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Providence School District: Children make up 26.3% of New Providence population. New Providence has 3,136 under 18 years old residents, or 0.53 kids per one worker, or 0.71 kids per one household.

New Providence Real Estate & New Providence Homeownership

There are 924.84 or 21% one person households, 1409.28 or 32% two person households, and 792.72 or 18% three person households in New Providence, New Jersey. Median residents age is 39, Senior citizens (65+) make up 1,821 or 15.3%% of New Providence population.

There are 5,881 workers (over 16 years of age) in New Providence. Of these, 81.36% drive to work. Approximately 12.55% of workers in New Providence take public transportation. An estimated 1.99% walk to work.

Median New Providence homeowner's housing expences are 19.8%

Crime in New Providence (2003), crimes per 10,000 residents per year

Type of Crime New Providence USA, 2003
Violent Crimes
2.52
47.5
Robberies
NaN
14.2
Aggravated Assaults
2.52
29.5
Property Crimes
106.66
358.8
Burglaries
23.52
74.0
Larceny-Thefts
78.11
241.5
Motor Vehicle Thefts
5.04
43.3

Invest in New Providence Properties

When making a decision about buying real estate in New Providence New Jersey area, you should consider following statistical data:

Category New Providence USA
Near Medium City
Union, New Jersey
-
Near Large City
New York, New York
-
New Providence Zip Codes
07974
-
New Providence Area Codes
908
-
White population
89.77%
75.1%
African-American population
0.88%
12.3%
Asian
7.6%
3.6%
American Indian & Alaskan
0.03%
0.9%
Hispanic (of any race)
3.5%
12.5%
Median Family Income (1999)
$ 105,013%
$42,000
Population Below Poverty Level
1.78%
12.4%

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