Newark Real Estate Market Conditions
Newark Schools and Demographics
Education near Newark, NJ
Elementary Schools near Newark, NJ
Middle Schools near Newark, NJ
High Schools near Newark, NJ
Ungraded Schools near Newark, NJ
Demographics near Newark, NJ
Newark Real Estate
The median home value in Newark, NJ is $315,000. This is lower than the county median home value of $375,600. The national median home value is $219,700. The average price of homes sold in Newark, NJ is $315,000. Approximately 19.42% of Newark homes are owned, compared to 65.83% rented, while 14.75% are vacant. Newark real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newark real estate agent to arrange a tour today!
Newark, New Jersey has a population of 282,803. Newark is less family-centric than the surrounding county with 22.83% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Newark, New Jersey is $34,826. The median household income for the surrounding county is $57,365 compared to the national median of $57,652. The median age of people living in Newark is 33.6 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 48.5 inches per year, with 25.9 inches of snow per year.