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United StatesNew JerseyNewarkCentral Business District

Central Business District Real Estate Insights

Central Business District is a neighborhood located in Newark, New Jersey.

Central Business District boasts a high number of restaurants in the surrounding area, such as delis, pizza and African, making it a great place for food fans. The great nightlife venues in this neighborhood make it fun and easy to meet new people or enjoy a night out with your friends. Central Business District is a treasure trove of diverse artistic and cultural entertainment venues such as music halls, museums and performing arts spots so there's always something exciting going on. If shopping is your thing, the sporting goods stores, art galleries and uniform stores and many others in this location make it a great place to enjoy a day out. Research data indicates that this neighborhood is usually not dangerous, as the crime rate is low. The public transportation system near this locale is amazing and many people use it for their daily commute. Walking is a great way to get extra exercise and most people here, especially the environmentally aware, prefer to commute in this way.

Not many married couples have settled down in Central Business District; it just seems to appeal more to singles.

Last year, home values in Central Business District impressively dropped by a whopping 23.5 percent, with average listing prices declining from $808,500 to $618,428. Last year, this neighborhood featured 4 listings, and in this year, the number of homes for sale prominently increased to 5, a 25 percent escalation. If you're concerned about your kitchen looking stylish while remaining practical, numerous homes in this neighborhood come with ceramic tile kitchens.