OFF MARKET
Google street view image for 40 Colonial Way, New Providence, NJ 07974
Off market oct 2015 for $700K
$1,207,118
Est. refi paymentEst. refi $4,668/mo
—
bd
•
— ba
•
2,287
sq ft

40 Colonial Way, New Providence, NJ 07974

map-entry

About this home

40 Colonial Way is a 2,287 square foot house on a 0.35 acre lot. - it last sold on October 20, 2015 for $700,000. Based on Redfin's New Providence data, we estimate the home's value is $1,207,118.
Single-familyProperty Type
1968Year Built
0.35 acresLot Size
$528Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,207,118
$507K since sold in October 2015$13K since September

This home's estimate is 17.1% higher than the average sale price ($1.03M) of 6 comparable homes.

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Earn from this home

Sell
$709,745
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in 07974, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
110.7%

1.3% MoM

Median sale price
$999K

$39K MoM

Avg. days on market
15d

1 days MoM

Recently sold homes
31

12 MoM

New listings for sale

Provided by Redfin

Sale history for 40 Colonial Way

Tax history for 40 Colonial Way

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Around this home

Schools

Allen W. Roberts Elementary School

Public PreK-6 • Assigned • 0.1mi

10/10
New Providence Middle School

Public 7-8 • Assigned • 0.7mi

7/10
New Providence High School

Public 9-12 • Assigned • 0.7mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

New Providence, NJ • 07974
Average low and high temperatures (°F)
34
21
38
24
55
35
64
44
71
53
81
63
85
68
80
61
77
58
66
47
54
38
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.15M – $1.39M

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Nearby similar homes

$599,000
3 beds1 bath— sq ft
65 Marion Ave, New Providence, NJ 07974-1909
$1,995,000
5 beds5.5 baths6,588 sq ft
41 Mareu Dr, Watchung, NJ 07069-5026
3D WALKTHROUGH
$1,599,000
5 beds3.5 baths5,000 sq ft
27 Burlington Rd, New Providence, NJ 07974-2705
$1,595,000
Land— sq ft
50 Mountain Ave, Chatham, NJ 07928-1130
$799,000
4 beds2.5 baths— sq ft
25 Wardle Ave, Berkeley Heights, NJ 07922-2040
$774,000
5 beds2 baths2,289 sq ft
76 Long Hill Rd, Gillette, NJ 07933-1432

New listings for sale in 07974-1909

$599,000
3 beds1 bath— sq ft
65 Marion Ave, New Providence, NJ 07974-1909
$1,950,000
6 beds4.5 baths— sq ft
25 Oakwood Dr, New Providence, NJ 07974-2113
$549,000
2 beds1.5 baths— sq ft
5 Murray Hill Sq, New Providence, NJ 07974-1528

Home values near 40 Colonial Way

Data from public records.

More real estate resources

Bloomfield Township homes for sale
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