Area data
Newark, NJ — ZIP 07104
Population: 52,266 (Census ACS)
Home values & appreciation
- Median home value
- $497,351
- 1-year appreciation
- -1.2%
- 3-year appreciation
- +4.5%
- 5-year appreciation
- +24.9%
- 10-year appreciation
- +106.9%
- All-time peak (2025-06)
- $504,696
- House Price Index
- 430.8 (+5.2% YoY)
Market activity
- Median sale price
- $485,000
- Median list price
- $499,990
- Median days on market
- 39 days
- Sale-to-list ratio
- 105.0%
- Active listings
- 20
- 1-year forecast
- +1.5%
- New listings (monthly)
- 14
Rents
- Typical rent
- $1,944/mo
- 1-year rent change
- +3.4%
- 1BR fair-market rent
- $1,731/mo
- 3BR fair-market rent
- $2,729/mo
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 16
- Elementary schools
- 12
- Middle schools
- 0
- High schools
- 1
- Charter schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- strongWind, winterWeather, coldWave, heatWave, inlandFlooding
- FEMA flood zone
- A05
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 50.2 in
Walkability & transit
- Walkability index
- 14.3 / 20
- Transit service frequency
- 105
Amenities
- National parks within ~60 mi
- 22
- Nearest national park
- Thomas Edison National Historical Park (4 mi)
- Nearest airport
- Newark Liberty International Airport (EWR) (5 mi)
- Nearest major airport
- Newark Liberty International Airport (EWR) (5 mi)
- Hospitals nearby (~15 mi)
- 73
- Avg hospital rating
- 2.5 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -4,174 tax filers
Housing stock
- Median year housing built
- 1,964
- Median annual property tax
- $7,589
- Mean commute to work
- 28 min
- Households with broadband internet
- 64.8%
Employment & development
- Total county employment
- 273,240
- Average weekly wage
- $1,593
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 144
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →