South Broad Street, Newark Homes For Sale & Real Estate

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South Broad Street Real Estate Insights

South Broad Street is a neighborhood located in Newark, New Jersey.

Public transportation in South Broad Street will ease your commute and benefit you and your neighbors by leaving your cars at home.

Many of the owners in South Broad Street don't actually occupy their homes throughout most of the year. This neighborhood is home to a younger demographic, with many amenities and businesses tailored to this population. The medium household income in this locale is lower than the surrounding area.

Real estate in South Broad Street is on the rise, with listing prices increasing 5.1 percent year-over-year. The average listing price was $214,786 in last year and reached $225,748 in this year. Inventory increased year-over-year, albeit minimally at 5.9 percent, from 34 to 36 listings. Nonetheless, a bigger scope allows buyers interested in this neighborhood more options when narrowing down their search based on personal criteria. A handful of homes in this vicinity have hardwood floors throughout, adding extra style to each room and also making cleaning that bit easier.