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NJ area data

Newark, NJ

Aggregated across 9 ZIP codes in Newark.

Population: 310,602 (Census ACS)

Home values & appreciation

Median home value
$477,691
1-year appreciation
-2.4%
3-year appreciation
+2.4%
5-year appreciation
+19.2%
10-year appreciation
+105.8%
All-time peak (2024-05)
$497,758
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$538,667
Median list price
$588,715
Median days on market
66 days
Sale-to-list ratio
104.0%
Active listings
37
1-year forecast
+1.5%
New listings (monthly)
58

Rents

Typical rent
$2,128/mo
1-year rent change
+1.6%
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
83
Elementary schools
50
Middle schools
3
High schools
18
Charter schools
16

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
64.7°F
Average low
47.0°F
Annual precipitation
56.4 in
Annual snowfall
8.3 in

Walkability & transit

Walkability index
14.0 / 20
Transit service frequency
281

Amenities

National parks within ~60 mi
206
Nearest national park
Thomas Edison National Historical Park (3 mi)
Nearest airport
Newark Liberty International Airport (EWR) (1 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (1 mi)
Hospitals nearby (~15 mi)
39
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
1,967
Median annual property tax
$7,520
Mean commute to work
30 min
Households with broadband internet
65.4%

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 →

ZIP codes in Newark

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents