Newark Housing Information - Census

IndexNewarkNew JerseyNational
Median home price$229,600$319,900$175,700
Median rent asked$978$1,188$920
Avg. people per household3.02.72.6
Owner occupied households22.3%65.0%64.4%
Renter occupied households77.7%35.0%35.6%

Newark Housing Information - Zillow

IndexNewarkNew JerseyNational
Zillow home value index$231,800$304,100$196,500
Year over year appreciation rate10.01%5.19%6.79%
5 year average appreciation rate5.44%2.97%5.28%
10 year average appreciation rate-2.97%-1.75%0.01%

Did you know?

  • The median home price in Newark is 31% higher than the national average.
  • The median rent asked in Newark is 6% higher than the national average.
  • The average number of people per household in Newark is 16% higher than the national average.
  • The number of owner occupied households in Newark is 65% lower than the national average.
  • The number of renter occupied households in Newark is 118% higher than the national average.

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Compare Newark, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

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 Newark, NJ housing data displayed above is derived from the United States Census Bureau and Zillow data.