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AREA INFORMATION

07974 (New Providence, NJ)

Explore the real estate in 07974 (New Providence, NJ)

Area Highlights

07974 (New Providence, NJ) residents have a median age of 43 years old, with employment highest in the administrative support and finance industries.

13,283 Population

5,053 Households

$150,531 /yr
Median Household Income

$999,000
Median Home Sale Price

31m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

43 Median Age

Average Household Size

2.6
persons per
household

66.3%

Married Households

Community Population By Education

Bachelors Degree 36%
Graduate Degree 35%
High School Graduate 13%
Some College 8%
Associates Degree 5%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 36.42% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
42.6% of households have children

Area Schools

7-8
0.1 MILES
B
New Providence Middle School
9-12
0.2 MILES
B+
New Providence High School
PK-KG
0.3 MILES
Summit Speech School
KG-6
0.7 MILES
Developmental Learning Center New Providence
PK-6
0.8 MILES
A
Allen W. Roberts School
KG-6
1 MILES
A
Salt Brook School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$150,531 /yr
Median Household Income
$999,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 35.63% of the households.

Transportation to Work

  • Drive 64%
  • Work from Home 17%
  • Public Transit 15%
  • Walk or Bike 2%

Occupancy by Type

Owned 3,798 70%
Rented 1,255 23%
Vacant 402 7%

White vs Blue Collar Jobs







White Collar 93%
Blue Collar 7%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 43 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 69%
Asian 17%
Hispanic 9%
Other 3%
Black 2%
Native American <1%
The most prevalent ethnicity is White at 69%, followed by Asian at 17%, Hispanic at 9%, and Other at 3%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
20° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
37°
Feb
21°
40°
Mar
29°
49°
Apr
38°
61°
May
48°
71°
Jun
57°
80°
Jul
62°
85°
Aug
61°
83°
Sep
53°
76°
Oct
42°
66°
Nov
33°
54°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$764,900
For sale
3 beds • 1 baths • 1 half baths

107 Woodland Road
New Providence, NJ 07974

$789,000
For sale
4 beds • 3 baths

1170 Springfield Ave
New Providence Boro, NJ 07974

$1,350,000
For sale
5 beds • 4 baths

19 Delwick Ln
New Providence Boro, NJ 07974

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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