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NJ area data

Newark, NJ

Aggregated across 9 ZIP codes in Newark.

Population: 310,602 (Census ACS)

The typical home value in Newark, NJ is $476,990 — down 2.2% over the past year. Homes sell for a median $570,444 after a median 77 days on market. Typical rent runs $2,109/month. 84 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with strong wind, winter weather, cold wave the top-rated hazards. Cost of living is 8.8% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$476,990

Typical home value

-2.2%

1-year change

77

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Typical home value
$476,990
1-year appreciation
-2.2%
3-year appreciation
+2.3%
5-year appreciation
+18.6%
10-year appreciation
+103.7%
Peak value since 2000 (May 2024)
$496,860
House Price Index (state)
447.4 (+4.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$570,444
Median list price
$619,483
Median price per sqft
$238
1-year sale-price change
-3.2%
Median days on market
77 days
Homes sold (recent period)
312
For-sale inventory
237
Sale-to-list ratio
102.0%
Active listings
550
1-year forecast
+2.5%
New listings (monthly)
61

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,109/mo
1-year rent change
+0.1%
Studio fair-market rent
$1,637/mo
1BR fair-market rent
$1,850/mo
2BR fair-market rent
$2,233/mo
3BR fair-market rent
$2,785/mo
4BR fair-market rent
$3,188/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
108.8 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
84
Elementary schools
53
Middle schools
1
High schools
23
Charter schools
15
Avg student-teacher ratio
15.9 : 1
School districts serving the area
Discovery Charter School, North Star Academy Charter School, Gray Charter School
Schools include
Discovery Charter School, North Star Academy Charter School, The Gray Charter School, TEAM Academy Charter School, Newark Educators Community Charter School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
strong wind, winter weather, cold wave, heat wave, inland flooding
Notable hazard ratings (county)
strong wind: Very High · winter weather: Very High · tornado: Relatively High · cold wave: Relatively High · heat wave: Relatively High · lightning: Relatively High
Most common flood zone among NFIP claims (varies by location)
Zone X
NFIP flood claims on record
305
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
17.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
10
Nearest Superfund site
Riverside Industrial Park (0.5 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
55.6°F
Average high
63.7°F
Average low
46.6°F
Annual precipitation
48.9 in
Annual snowfall
26.7 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
14.0 / 20
Transit service frequency
281
Jobs reachable by car (30 min)
599,279
Jobs reachable by transit (45 min)
507,216

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
24
Nearest national park
Thomas Edison National Historical Park (3 mi)
National parks include
Thomas Edison National Historical Park, Ellis Island Part of Statue of Liberty National Monument, Statue Of Liberty National Monument
Airports within 30 mi
17
Nearest airport
Newark Liberty International Airport (EWR) (1 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (1 mi)
Hospitals in or near a typical ZIP here
72
Hospitals include
SAINT MICHAEL'S MEDICAL CENTER, THE UNIVERSITY HOSPITAL, GREENWICH HOSPITAL ASSOCIATION -
Avg hospital rating (CMS)
2.8 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-4,174 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1967
Housing built before 1970
55.4%
Housing built 2000 or later
19.2%
Median annual property tax
$7,520
Mean commute to work
30 min
Households with broadband internet
65.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
281,698
Average weekly wage
$1,728
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
3,657

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

NewarkState medianUS median
Typical home value$476,990$575,446$288,527
Median sale price$570,444$555,000$325,000
Median days on market77 days42 days51 days
Typical rent$2,109/mo$2,523/mo$1,809/mo
Median annual property tax$7,520$9,504$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Newark, NJ?
$476,990.
What is the median sale price in Newark, NJ?
$570,444.
How long do homes take to sell in Newark, NJ?
Median days on market: 77 days.
What is typical rent in Newark, NJ?
Typical rent: $2,109/month.
What is the natural-hazard risk in Newark, NJ?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: strong wind, winter weather, cold wave, heat wave, inland flooding.
Is Newark, NJ in a flood zone?
Flood zones vary by property across the city. 305 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Newark, NJ?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Newark, NJ?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Newark, NJ?
10 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Riverside Industrial Park, 0.5 mi.
How many schools serve Newark, NJ?
84 schools (53 elementary, 1 middle, 23 high) (NCES, 2024-25).
Is Newark, NJ walkable?
Walkability index: 14.0/20 (EPA Smart Location Database).
What is the cost of living in Newark, NJ?
Regional Price Parity: 108.8 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP codes in Newark

Listing a home in Newark, NJ?

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Data last updated

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

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