New Providence Boro NJ property tax rate 2025: 5.242
New Providence Boro, Union County. 4,207 parcels in the MOD-IV 2026 file. Rate shown is tax year 2025 (latest available — not yet matched to assessment year).
Assessments are tax year 2026; latest published general rate we have is 2025. Estimate uses that rate until the 2026 rate is loaded.
New Providence Boro at a glance
4,207 parcels are on the 2026 file. The 2025 general rate is 5.242, and the prior rate on file is 5.162 for 2024. A typical class 2 assessment is $311,020. Usable sales with a 2025 deed: 102, median $900,500. The state construction file lists 5,313 permits here. The median class 2 house was built in 1958. A property page adds that parcel’s permits, flood zone, mapped flood elevation, and high and low ground. Owner names are not shown.
How to read a New Providence Boro bill
New Providence Boro’s general rate of 5.242 is tax year 2025 on the 2026 assessment file. It is not a 2026 bill. The prior general rate on file is 5.162 for 2024. School, county, and municipal shares of this rate are 60.1%, 17.3%, and 22.6%. The largest slice is schools. In Union County the middle school share for rate year 2025 is 49.0% in Springfield Twp. Class 2 net assessments changed from $1,162,318,800 to $1,167,430,400, up 0.4%, on 3,755 parcels. Usable sales with a 2025 deed: median $900,500 (102 sales). The largest class share of net assessed value is Residential at 73.5%. State school aid is outside these bars.
Building permits in New Providence Boro
The New Jersey construction-permit file lists 5,313 permits in New Providence Boro. This file is a full record from 2021 on. Older permits are mostly missing. Work from before then can be missing here and still be at the New Providence Boro construction office.
2025 general tax rate in New Providence Boro: 5.242
This general rate is tax year 2025. The assessment file is 2026. It is not a 2026 bill.
In Union County, the median municipality’s school share (rate year 2025) is 49.0%; this town is 60.1%. The largest slice here is schools. State school aid is not in these bars — it reduces the school levy before the rate is struck. All Union towns · How NJ taxes work.
The school percent is the local property-tax levy. The district for this municipality is New Providence Boro (K-12), FY2027 K–12 aid $3,043,431. Those aid figures are not slices of these bars. Union district table.
Prior year (2024) general rate: 5.162.
Tax on a $200,000 or $500,000 sale in New Providence Boro
These figures use New Providence Boro’s own ratio and general rate. How the same sale price is calculated for every town. This is not an appraisal and not a collector bill.
2025
A $500,000 sale at the 2025 ratio of 39.17% would be assessed at about $195,850. At the general rate of 5.242, the estimated tax is $10,266. A $200,000 sale at that same ratio and rate would be assessed at about $78,340, with an estimated tax of $4,107.
In Union County for 2025, the $500,000 bill runs from $7,393 in Summit City to $14,114 in Roselle Boro. The middle bill is $10,396 in Garwood Boro. All Union towns.
See every New Jersey town on the same $200,000 and $500,000 sale for 2025.
Recent usable sales in New Providence Boro
These are the five newest usable deeds on the 2026 file for New Providence Boro. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded in town.
| Address | Deed date | Sale price | Net assessment |
|---|---|---|---|
| 45 THE FELLSWAY | 12/29/2025 | $920,000 | $250,300 |
| 31 VERONA RD | 12/8/2025 | $802,500 | $213,700 |
| 106 STONERIDGE RD | 12/3/2025 | $1,100,000 | $354,300 |
| 110 LIVINGSTON AVE | 11/21/2025 | $563,000 | $210,100 |
| 294 LIVINGSTON AVE | 11/21/2025 | $550,000 | $199,700 |
Owner names are not shown. The rate year and the assessment file year differ, so this table does not print an estimated tax. This is not a collector’s bill.
Highest estimated tax in New Providence Boro: $63,502
Residential
The highest residential estimate in New Providence Boro is $63,502 at 159 OAKWOOD DR, on a net assessment of $1,211,400 and a 2025 general rate of 5.242.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 159 OAKWOOD DR | 2 — Residential (four families or less) | $1,211,400 | 2025 | $63,502 |
| 160 OAKWOOD DR | 2 — Residential (four families or less) | $1,035,500 | 2025 | $54,281 |
| 123 SOUTH ST | 2 — Residential (four families or less) | $971,800 | 2025 | $50,942 |
| 91 OAKWOOD DR | 2 — Residential (four families or less) | $953,200 | 2025 | $49,967 |
| 156 PINE WAY | 2 — Residential (four families or less) | $924,700 | 2025 | $48,473 |
Business
The highest business estimate in New Providence Boro is $4,369,107 at 535-603 MOUNTAIN AVE, on a net assessment of $83,348,100 and a 2025 general rate of 5.242.
| Address | Class | Net assessment | Rate year | Estimated tax |
|---|---|---|---|---|
| 535-603 MOUNTAIN AVE | 4A — Commercial | $83,348,100 | 2025 | $4,369,107 |
| 1260-1266 SPRINGFIELD AVE | 4A — Commercial | $14,272,800 | 2025 | $748,180 |
| 41 SPRING STREET | 4B — Industrial | $10,672,000 | 2025 | $559,426 |
| 575 MOUNTAIN AVE | 4A — Commercial | $9,675,100 | 2025 | $507,169 |
| 121 CHANLON RD | 4A — Commercial | $8,032,000 | 2025 | $421,037 |
Owner names are not shown. Every parcel in this town uses the same rate, so the highest tax is the highest assessment. Commercial and industrial parcels (class 4A and 4B) are the business list. Apartment buildings are class 4C and are not in that list. This is not a collector’s bill.
Ratable base in New Providence Boro, typical class 2 assessment $311,020
Class 2 residential in the MOD-IV file: 3,757 parcels, average net assessment $311,020.
How assessments changed
Class 2 residential net assessments changed from $1,162,318,800 to $1,167,430,400, up 0.4%, on 3,755 parcels that have both a prior net and a 2026 net. This is the assessment roll, not an appraisal.
Among 102 usable recorded sales whose latest deed on this file is in 2025, the median price is $900,500. A $1 deed and a non-usable SR1A sale are left out. Each parcel stores one sale, so this is not every deed recorded that year.
Share of net assessed value by property class (MOD-IV). Not a school-quality rating.
| Class | Parcels | Net assessed | % of net |
|---|---|---|---|
| Residential 2 | 3,757 | $1,168,501,400 | 73.5% |
| Vacant land 1 | 280 | $115,364,800 | 7.3% |
| Commercial 4A | 124 | $194,655,700 | 12.2% |
| Industrial 4B | 26 | $43,351,000 | 2.7% |
| Apartment 4C | 15 | $65,786,900 | 4.1% |
| Other / unclassified other | 5 | $1,752,668 | 0.1% |
Housing stock in New Providence Boro, median year built 1958
On the 2026 file, class 2 houses in New Providence Boro with a year built have a median year of 1958, about 68 years old. Of those 3,752 houses, the largest share was built 1940–1959. This is the assessor’s year built. It is not a ranking of towns.
By parcel count, Residential 89.3%, Vacant land 6.7%, Commercial 2.9%, Industrial 0.6%, Apartment 0.4%, Other / unclassified 0.1%. Those percentages are a count of parcels, not a share of tax dollars. The class table uses the tax-base share.
Year built
Assessor building line
Grouped from the assessor’s building abbreviation. One-family, two-family, and condo are the codes that read clearly. Other codes stay in their own group. This is not a bedroom count, and square feet are left off because most records do not include them.