|
Avg. Home Value
|
|
($16,708.00)
|
|
1.03%
|
|
Mo. vs Mo.
|
|
|
$521,183.00
|
|
Ending 5/2013
|
|
|
Days On Market
|
|
3
|
|
1.03%
|
|
Mo. vs Mo.
|
|
|
82
|
|
Ending 5/2013
|
|
Newark Real Estate
Demographics
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Month / Year
|
Days On Market
|
Trend
|
|
May, 2013
|
82
|
↓%
|
|
Apr, 2013
|
85
|
↑%
|
|
Mar, 2013
|
63
|
↓%
|
|
Feb, 2013
|
104
|
↑%
|
|
Jan, 2013
|
73
|
↓%
|
|
Dec, 2012
|
88
|
|
|
|
Avg. Bathrooms:
|
2.17
|
|
Avg. Bedrooms:
|
3.84
|
|
Average SQ Feet:
|
4,044
|
|
Average $/SQFoot:
|
|
|
|
|
|
Newark Real Estate
Comparative Market View Ending
May 2013
|
|
|
Select
|
County
|
Mo. vs Mo.
|
Qtr. vs Qtr.
|
Avg. Value
|
|
|
|
BRONX, NY
|
0%
|
0%
|
$125,000.00
|
|
|
SUSSEX, NJ
|
-1.0%
|
1.09%
|
$293,753.04
|
|
|
UNION, NJ
|
-1.0%
|
1.09%
|
$452,363.96
|
|
|
ESSEX, NJ
|
-1.0%
|
1.08%
|
$527,940.15
|
|
|
BERGEN, NJ
|
-1.0%
|
1.04%
|
$669,732.50
|
|
|
MIDDLESEX, NJ
|
1.00%
|
1.03%
|
$341,381.10
|
|
|
ROCKLAND, NY
|
0%
|
0%
|
$0.00
|
|
|
HUNTERDON, NJ
|
1.01%
|
1.07%
|
$486,949.11
|
|
|
KINGS, NY
|
1.15%
|
-1.5%
|
$398,350.00
|
|
|
MONMOUTH, NJ
|
-2.3%
|
1.15%
|
$433,875.16
|
|
|
HUDSON, NJ
|
1.03%
|
1.04%
|
$337,012.70
|
|
|
NASSAU, NY
|
-1.2%
|
1.50%
|
$628,681.02
|
|
|
WESTCHESTER, NY
|
3.31%
|
0%
|
$377,200.00
|
|
|
MORRIS, NJ
|
1.03%
|
1.07%
|
$563,459.50
|
|
|
NEW YORK, NY
|
0%
|
1.99%
|
$291,950.00
|
|
|
QUEENS, NY
|
1.27%
|
1.10%
|
$327,941.17
|
|
|
SOMERSET, NJ
|
-1.0%
|
1.18%
|
$572,248.84
|
|
|
PASSAIC, NJ
|
1.06%
|
1.07%
|
$338,937.88
|
|
|
RICHMOND, NY
|
0%
|
0%
|
$1,300.00
|
|
Nearby Areas by Zip
Zip Code | Avg. Home Value | Mo. vs Mo. | | 07001 | $329,725.00 | 1.88% | | 07002 | $296,725.00 | 1.10% | | 07003 | $290,178.06 | 1.00% | | 07004 | $414,950.00 | 1.16% | | 07006 | $703,955.26 | 1.19% | | 07008 | $277,133.33 | 1.24% | | 07009 | $541,362.55 | 1.15% | | 07011 | $234,253.95 | 1.22% |
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Homes for Sale Near
Newark
Top Newark
Area Schools
Newark
Real Estate by Category
Newark
Market Summary
Newark's Population and Demographics:
The average home value for Newark, NJ in May, 2013 was $521,183.00 which is down from the previous month by ($16,708.00) or 1.03%. The average days on market for the same time period was 82, up by 3 or 1.03%. The Newark, NJ market currently has approximately 836 residential homes for sale, 231 properties available for rent and 22 vacant land or lots ready for new construction. The average price per square foot in Newark, NJ is $41.99. The average home in Newark, NJ as 3.84 bedrooms, 2.17 bathrooms, and is approximately 4,044sq.ft.
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