Area data
Newark, NJ — ZIP 07106
Population: 36,383 (Census ACS)
Home values & appreciation
- Median home value
- $464,331
- 1-year appreciation
- -1.0%
- 3-year appreciation
- +8.1%
- 5-year appreciation
- +33.2%
- 10-year appreciation
- +130.0%
- All-time peak (2026-01)
- $473,102
- House Price Index
- 430.8 (+5.2% YoY)
Market activity
- Median sale price
- $485,000
- Median list price
- $474,999
- Median days on market
- 46.5 days
- Sale-to-list ratio
- 104.1%
- Active listings
- 29
- 1-year forecast
- +1.8%
- New listings (monthly)
- 10
Rents
- Typical rent
- $1,976/mo
- 1-year rent change
- -0.6%
- 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
- 6
- Elementary schools
- 5
- Middle schools
- 0
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- strongWind, winterWeather, coldWave, heatWave, inlandFlooding
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 56.0°F
- Average high
- 65.0°F
- Average low
- 47.0°F
- Annual precipitation
- 58.5 in
- Annual snowfall
- 7.8 in
Walkability & transit
- Walkability index
- 12.5 / 20
- Transit service frequency
- 0
Amenities
- National parks within ~60 mi
- 23
- Nearest national park
- Thomas Edison National Historical Park (3 mi)
- Nearest airport
- Newark Liberty International Airport (EWR) (5 mi)
- Nearest major airport
- Newark Liberty International Airport (EWR) (5 mi)
- Hospitals nearby (~15 mi)
- 62
- Avg hospital rating
- 2.6 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- -4,174 tax filers
Housing stock
- Median year housing built
- 1,952
- Median annual property tax
- $6,395
- Mean commute to work
- 33 min
- Households with broadband internet
- 71.4%
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 →