A-
30%
Med. Home Val. NAT. AVG.
6%
Rent NAT. AVG.
84%
Owner Occ. NAT. AVG.

Central Business District Housing Information

IndexCentral Business DistrictNewarkNew Jersey
Median home price$129,883$254,900$316,400
Median rent asked$889$1,116$1,213
Avg. people per household1.82.82.7
Owner occupied households10.1%23.5%64.1%
Renter occupied households89.9%76.5%35.9%
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Housing Quick Facts

  • The median home price in Central Business District is 30% lower than the national average.
  • The median rent asked in Central Business District is 6% lower than the national average.
  • The average number of people per household in Central Business District is 32% lower than the national average.
  • The number of owner occupied households in Central Business District is 84% lower than the national average.
  • The number of renter occupied households in Central Business District is 147% higher than the national average.

Most Affordable Places to Live in and Around Central Business District

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Teterboro, NJ110$0100%
      East Orange, NJ64,650$226,00022%
      Roselle, NJ21,699$230,60025%
      Paterson, NJ145,484$257,70040%
      Silver Lake CDP (Warren County), NJ320$258,30040%
      Newark, NJ281,917$254,90038%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Orlando, FL284,817$262,50042%
      Lincoln, NE286,388$180,4002%
      Durham, NC276,341$243,00032%
      Toledo, OH275,116$83,60055%
      Plano, TX288,870$341,80085%
      Newark, NJ281,917$254,90038%
      Source: The Central Business District, Newark, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).