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Newark, NJ Real Estate & Property Data

Newark Real Estate Market Trends
Last Updated: May 01, 2024

Accurate and comprehensive real estate data is critical for insight into Newark, NJ. ATTOM’s Newark real estate data is updated daily, and current market trends show that in Newark, NJ a total of 1,846 residential properties have sold over the past year. With a median home price of $555,000 in Newark and a total of 91 foreclosures. Get detailed property data for Newark, NJ instantly. ATTOM is your one-stop-shop for the Newark property reports and real estate data you need in Newark, NJ.

Newark Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 31,524
Total Commercial Properties 4,636
Avg. Home Age (Single Family Home) 82 Years
Avg. Square Feet (Single Family Home) 2,447
Total 2024 Residential Sales (year-to-date) 358
% of Homes Seriously Underwater (Q2 2024) 2.22%
Total 2023 Residential Sales 1,772
% of Equity Rich Homes (Q2 2024) 38.62%
Effective 2023 Property Tax 1.43%
Total Foreclosure Filings (year-to-date) 208
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Newark, NJ Real Estate Overview

There were 1,846 residential properties sold in the past year in Newark, NJ. The median home value in Newark, NJ is $480,900. There are a total of 31,524 residential properties in the Newark.

Median Sales Price i
$555,000
(Mar 2024)
+11.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $555,000
  • February '24 Feb '24 $550,000
  • January '24 Jan '24 $505,000
  • December '23 Dec '23 $540,000
  • November '23 Nov '23 $545,000
  • October '23 Oct '23 $522,500
  • September '23 Sep '23 $500,000
  • August '23 Aug '23 $488,800
  • July '23 Jul '23 $552,500
  • June '23 Jun '23 $550,000
  • May '23 May '23 $532,500
  • April '23 Apr '23 $470,000
Median Down Payment i
$80,000
(Mar 2024)
+22.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 $80,000
  • February '24 Feb '24 $100,500
  • January '24 Jan '24 $38,250
  • December '23 Dec '23 $70,487
  • November '23 Nov '23 $39,000
  • October '23 Oct '23 $37,250
  • September '23 Sep '23 $64,800
  • August '23 Aug '23 $43,750
  • July '23 Jul '23 $76,000
  • June '23 Jun '23 $101,250
  • May '23 May '23 $59,040
  • April '23 Apr '23 $26,375
Number of Homes Sold i
98
(Mar 2024)
-44%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 98
  • February '24 Feb '24 120
  • January '24 Jan '24 140
  • December '23 Dec '23 158
  • November '23 Nov '23 138
  • October '23 Oct '23 147
  • September '23 Sep '23 139
  • August '23 Aug '23 158
  • July '23 Jul '23 131
  • June '23 Jun '23 148
  • May '23 May '23 165
  • April '23 Apr '23 129
Number of Purchase Loans i
82
(Mar 2024)
-49.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 82
  • February '24 Feb '24 115
  • January '24 Jan '24 111
  • December '23 Dec '23 132
  • November '23 Nov '23 122
  • October '23 Oct '23 135
  • September '23 Sep '23 121
  • August '23 Aug '23 121
  • July '23 Jul '23 107
  • June '23 Jun '23 127
  • May '23 May '23 142
  • April '23 Apr '23 111
Number of REFI Loans i
100
(Mar 2024)
-5.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 100
  • February '24 Feb '24 106
  • January '24 Jan '24 104
  • December '23 Dec '23 84
  • November '23 Nov '23 115
  • October '23 Oct '23 112
  • September '23 Sep '23 117
  • August '23 Aug '23 120
  • July '23 Jul '23 89
  • June '23 Jun '23 102
  • May '23 May '23 106
  • April '23 Apr '23 77
Number of HELOC Loans i
9
(Mar 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 9
  • February '24 Feb '24 16
  • January '24 Jan '24 15
  • December '23 Dec '23 13
  • November '23 Nov '23 15
  • October '23 Oct '23 13
  • September '23 Sep '23 17
  • August '23 Aug '23 19
  • July '23 Jul '23 16
  • June '23 Jun '23 17
  • May '23 May '23 13
  • April '23 Apr '23 16

Newark, NJ Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Newark, NJ Foreclosure Activity

There were a total of 91 Newark, NJ properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 62 Newark, NJ properties and repossessed 1 Newark, NJ properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
91
(Mar 2024)
+51.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 91
  • February '24 Feb '24 55
  • January '24 Jan '24 62
  • December '23 Dec '23 43
  • November '23 Nov '23 82
  • October '23 Oct '23 88
  • September '23 Sep '23 72
  • August '23 Aug '23 42
  • July '23 Jul '23 52
  • June '23 Jun '23 43
  • May '23 May '23 59
  • April '23 Apr '23 41
Foreclosure Starts i
62
(Mar 2024)
+51.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 62
  • February '24 Feb '24 39
  • January '24 Jan '24 36
  • December '23 Dec '23 26
  • November '23 Nov '23 49
  • October '23 Oct '23 57
  • September '23 Sep '23 33
  • August '23 Aug '23 23
  • July '23 Jul '23 39
  • June '23 Jun '23 28
  • May '23 May '23 40
  • April '23 Apr '23 33
Completed Foreclosures (REOs) i
1
(Mar 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • March '24 Mar '24 1
  • February '24 Feb '24 1
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 2
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 N/A
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