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Central Business District Real Estate Market Facts

  • $191,483Median home price
    40% lower than Newark
  • $1,165Median rent asked
    2% lower than Newark
  • 11.2%Home owners
    83% lower than Newark
  • 2.1People per home
    23% lower than Newark

Central Business District Home Affordability

  • $191,483Median home price
    40% lower than Newark
  • $46,464Median home income
    36% lower than Newark
  • 4.1xHome price to income ratio
    7% lower than Newark

Central Business District Affordability Calculator

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Central Business District Mortgage Calculator

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Central Business District Demographics

  • 5,366Population
  • 5,516People / sq mile
  • 35.3Median age
  • 1.4:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Teterboro, NJ56$0100%
East Orange, NJ64,538$217,80024%
Roselle, NJ21,348$223,50027%
Perth Amboy, NJ51,727$245,60040%
Plainfield, NJ50,423$246,50040%
Newark, NJ278,750$229,60031%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Greensboro, NC276,225$147,50016%
Toledo, OH283,932$80,60054%
Plano, TX271,166$222,80027%
Henderson, NV266,245$207,50018%
Lincoln, NE265,811$144,90018%
Newark, NJ278,750$229,60031%
Source: The Central Business District, Newark, NJ housing data displayed above is derived from the United States Census Bureau.