Newark, NJ housing market
The typical Newark home is worth about $482,000, down 1.3% in a year, 17% below the New Jersey typical home. Homes typically sell in 68 days, a little above asking.
Home values, sales, trends and how Newark compares with the towns next door — updated as new data is published.
Newark at a glance
A balanced market
About 4.6 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Newark | New Jersey |
|---|---|---|
| 2017 | $252,000 | $317,000 |
| 2018 | $265,000 | $330,000 |
| 2019 | $287,000 | $343,000 |
| 2020 | $328,000 | $358,000 |
| 2021 | $372,000 | $394,000 |
| 2022 | $415,000 | $441,000 |
| 2023 | $445,000 | $471,000 |
| 2024 | $475,000 | $511,000 |
| 2025 | $488,000 | $551,000 |
| 2026 | $489,000 | $568,000 |
| August 2026 | $482,000 | $580,000 |
Newark and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Newark | $482K | −1.3% | 68 | $52,060 |
| Irvington | $424K | +5.5% | — | $61,609 |
| Belleville | $524K | +3.9% | — | $90,140 |
| Elizabeth | $549K | +2.4% | 29 | $66,555 |
| Kearny | $577K | +2% | 57 | $79,154 |
| Maplewood | $974K | +7.1% | — | $173,500 |
| East Orange | $483K | −0.2% | 102 | $60,830 |
9.3 years of income
The typical Newark home costs about 9.3 years of the town's median household income, more than across New Jersey (5.6 years).
How Newark ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.