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Newark Real Estate Overview

Today, November 26, 2009

Avg. Listing Price $244,595 Wk ending Nov 18

+$772
+0.3%
w-o-w

Median Sales Price $194,000 Aug '09 - Oct '09

-$73,000
-27.3%
y-o-y

960	Homes For Sale	0	Open Homes
531	Recently Sold	1,176	Foreclosures

Average Listing Price

$244,595

+0.3%

w-o-w

Median Sales Price

$194,000

-27.3%

y-o-y

Average price/sqft

y-o-y

Number of Sales

141

-62.5%

y-o-y

More Newark Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Nov 18

w-o-w

Forest Hill

$394,414

+10.7%

North Ironbound

$333,141

-3.9%

Fairmount

$122,665

-3.7%

Lower Vailsburg

$142,720

-5.9%

Upper Clinton Hill

$172,038

+0.6%

Movers & Shakers

Avg. listing price
Week ending Nov 18

w-o-w

Mount Pleasant/Lower Broadway

$315,667

+35.9%

South Ironbound

$328,471

+28.6%

Newark Airport and Port Newark

$124,450

-21.2%

Lower Roseville

$240,602

+16.2%

Lower Clinton Hill

$634,667

+15.0%

View Newark Home Prices Map

Average price per square foot for Newark NJ was $83, an increase of 0% compared to the same period last year. The median sales price for homes in Newark NJ for Aug 09 to Oct 09 was $194,000 based on 141 home sales. Compared to the same period one year ago, the median home sales price decreased 27.3%, or $73,000, and the number of home sales decreased 62.5%.

There are currently 960 resale and new homes in Newark on Trulia, including 1,176 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Newark NJ was $244,595 for the week ending Nov 18, which represents an increase of 0.3%, or $772, compared to the prior week. Popular neighborhoods in Newark include Forest Hill and North Ironbound, with average listing prices of $394,414 and $333,141.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Essex County Vocational School District

Public

9 - 12

2,250

Newark Public School District

Public

PK - 12

42,370

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Link Community School

Private

7 - 8

East Side High School

Public

9 - 12

Calvary Christian School

Private

PK - 8

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

View all Newark Schools

113 Niagara…

$289,000

4 br 2 full 2 partial ba

34 Chestnut…

$200,000

6 br 4 ba

336 &…

$129,000

4 br 2 ½ ba

40-42 Bell…

$249,900

3 br 2 ½ ba

56-60 Ferg…

$269,000

2 br 2 ba

85 Farley…

$399,000

8 br 6 ba

View all Newark Homes for Sale

Cities

Median
sales price

Average
listing price

East Newark

$296,000

$202,764

Harrison

$210,000

$399,037

Irvington

$120,500

$170,744

Kearny

$255,000

$314,802

Hillside

$187,000

$246,573

East Orange

$120,000

$214,477

Local Spotlight

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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Newark Real Estate Overview

Market View for Newark

Market Trends for Newark

Home Prices for Newark

Newark Summary

Schools in Newark

Community Info for Newark

Homes for Sale in Newark

Recent Q&A in Newark, NJ

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close