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Home values, rents and more in Newark, NJ

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$480,000
Metro: $731,000 · U.S.: $366,000
Home values, past year
−1.0%
Metro: +4.9% · U.S.: +1.2%
Typical rent
$2,111/mo
Metro: $3,546 · U.S.: $1,932
Rents, past year
+0.5%
Metro: +4.3% · U.S.: +2.9%
Population
310,178
ACS 2020–24
Median household income
$52,060
Metro: $99,155 · U.S.: $80,734
ZIP codes around Newark, NJ, shaded by typical home valueNewark07052070320711407083072010700207105070710730507040071090700307111
  • Under $500k
  • $500k–$530k
  • $530k–$620k
  • $620k–$760k
  • $760k+
  • No data
ZIP codes around Newark, NJ, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Newark is outlined.

How Newark compares

The typical home in Newark, NJ is worth about $480,000, according to the Zillow Home Value Index for September 2026. Home values in Newark are 34% below the typical value in the New York metro area ($731,000) and 31% above the U.S. typical value ($366,000).

Over the past year, home values in Newark fell 1.0%, compared with +4.9% in the New York metro area and +1.2% nationally.

Typical rent is $2,111 a month (Zillow Observed Rent Index), 40% below the New York metro area ($3,546) and 9% above the U.S. ($1,932). Rents rose 0.5% over the past year.

The median household income is $52,060, against $99,155 in the New York metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 310,178 people live in Newark (American Community Survey 2020–24).

Newark has the 37th-lowest typical home value of the 558 cities in the New York metro area and the 153rd-lowest of 473 in New Jersey with Zillow figures.

Part of: Essex County, NJ · New York metro area · New Jersey

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Newark, NJ

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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