Newark, NJ 07105 has a population of approximately 53,323 and experiences a population change rate of 20.12%. The population density is 11,472.3 / sq mi .
Newark, NJ 07105 Real Estate for Sale

$200,000

$200,000
Newark, NJ 07105 has a population of approximately 53,323 and experiences a population change rate of 20.12%. The population density is 11,472.3 / sq mi .
The median household income for Newark, NJ 07105 is $48,863, with 18,883 households and an average household size of 2.79.
The median value of a home in Newark, NJ 07105 is $476,500 with an appreciation rate of 9.70%. 18.33% of housing in the state is owned while 77.00% is rented.
The cost of living in Newark, NJ 07105 is 142.6 %.
The unemployment rate in Newark, NJ 07105 is 3.80%, and recent job growth is at 2.82%. Future job growth is projected at 45.40%.
The sales tax rate in Newark, NJ 07105 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Newark, NJ 07105 are $26,449, and the school ratio is 13.6:1.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 47.1 inches per year, with 26.5 inches of snow per year.