D+
38%
Med. Home Val. NAT. AVG.
18%
Rent NAT. AVG.
63%
Owner Occ. NAT. AVG.
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Newark Housing Information

IndexNewarkNew JerseyNational
Median home price$254,900$316,400$184,700
Median rent asked$1,116$1,213$949
Avg. people per household2.82.72.6
Owner occupied households23.5%64.1%63.6%
Renter occupied households76.5%35.9%36.4%
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Housing Quick Facts

  • The median home price in Newark is 38% higher than the national average.
  • The median rent asked in Newark is 18% higher than the national average.
  • The average number of people per household in Newark is 5% higher than the national average.
  • The number of owner occupied households in Newark is 63% lower than the national average.
  • The number of renter occupied households in Newark is 110% higher than the national average.

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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 Newark, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).