House Prices

House Prices & Home Values Newark, NJ 2026


Average Data

average house price$408,439
average size per house4853 ft²
average price per ft²85 $ / ft²

01/17/2026 - The value range (VR) for house prices in Newark, NJ is $114/ sqft to $238/ sqft. An average home with 4853 sqft costs approximately $553,242 to $1,155,014. Newark, NJ includes 9 ZIP codes and it is located in Essex county. The lowest prices are found in ZIP 07108, while the highest are in ZIP 07105. The average price per sqare feet is $85. Our analysis is based on 88 property listings.

Avergage prices by ZIP codes Newark

07102190 $ / ft²
07103161 $ / ft²
07104202 $ / ft²
07105215 $ / ft²
07106150 $ / ft²
07107176 $ / ft²
07108107 $ / ft²
07112154 $ / ft²
07114170 $ / ft²




Historical development of home values in Newark

Year Estimated value (USD) Change vs. 2025
2010 $189,686 -53.6%
2011 $182,351 -55.4%
2012 $181,860 -55.5%
2013 $188,658 -53.8%
2014 $198,039 -51.5%
2015 $208,203 -49.0%
2016 $219,068 -46.4%
2017 $230,892 -43.5%
2018 $243,657 -40.3%
2019 $254,955 -37.6%
2020 $268,135 -34.4%
2021 $304,975 -25.3%
2022 $355,532 -13.0%
2023 $374,925 -8.2%
2024 $396,615 -2.9%
2025 $408,439 0.0%

Graph: estimated home values in Newark over time (USD)



Example: 100% financing house in Newark

Loan amount: $408,439

Interest rate: 6.00%

Fixed monthly payment: $2,448.80

Breakdown in the 1st month:
Interest portion: $2,042.20  –  Principal portion: $406.60

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,369.90 $5,015.68 $403,423.32
2 $24,060.54 $5,325.03 $398,098.29
3 $23,732.11 $5,653.47 $392,444.82
4 $23,383.41 $6,002.17 $386,442.65
5 $23,013.21 $6,372.37 $380,070.28
6 $22,620.18 $6,765.40 $373,304.89
7 $22,202.90 $7,182.67 $366,122.21
8 $21,759.89 $7,625.69 $358,496.53
9 $21,289.56 $8,096.02 $350,400.50
10 $20,790.21 $8,595.37 $341,805.14
11 $20,260.07 $9,125.51 $332,679.63
12 $19,697.23 $9,688.35 $322,991.28
13 $19,099.67 $10,285.91 $312,705.37
14 $18,465.26 $10,920.32 $301,785.05
15 $17,791.72 $11,593.86 $290,191.19
16 $17,076.63 $12,308.94 $277,882.24
17 $16,317.44 $13,068.13 $264,814.11
18 $15,511.43 $13,874.15 $250,939.96
19 $14,655.70 $14,729.87 $236,210.09
20 $13,747.20 $15,638.38 $220,571.71
21 $12,782.66 $16,602.92 $203,968.79
22 $11,758.62 $17,626.95 $186,341.83
23 $10,671.43 $18,714.15 $167,627.69
24 $9,517.18 $19,868.39 $147,759.29
25 $8,291.75 $21,093.83 $126,665.46
26 $6,990.72 $22,394.85 $104,270.60
27 $5,609.46 $23,776.12 $80,494.48
28 $4,143.00 $25,242.58 $55,251.91
29 $2,586.09 $26,799.49 $28,452.42
30 $933.16 $28,452.42 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Newark, NJ


1500 sqft3900 sqft
Ø selling price$154,275$328,185
Ø fast selling$140,250$295,367
Ø high price sale$168,300$361,004

In 2026, houses in Newark, NJ will be offered at an average price of $85 per square foot. A 1,500 sqft home priced at $154,275 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $328,185. Home prices in Newark, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $227,206. Sellers who can wait longer may achieve a higher price of up to $277,696.


Explore Newark, NJ

Overview

Newark, NJ is a vibrant urban hub and the largest city in New Jersey with a dynamic blend of history, culture, and commerce.
Visitors and residents enjoy a revitalized downtown anchored by the Prudential Center and the acclaimed New Jersey Performing Arts Center (NJPAC).

Arts and Culture

The city's arts scene shines at the Newark Museum of Art, galleries along Halsey Street, and year-round festivals celebrating music, film, and heritage.
Historic landmarks such as Grace Church and the grand Military Park reflect Newark's deep colonial and industrial roots.

Business and Education

As a regional economic engine, Newark hosts major employers, tech startups, and the powerful logistics ecosystem surrounding Port Newark?Elizabeth.
Top institutions like Rutgers University?Newark and Seton Hall Law School fuel research, talent, and community innovation.

Parks and Dining

Outdoor lovers find cherry blossoms at Branch Brook Park and waterfront views along the revitalized Riverfront Park.
Foodies flock to the Ironbound district for Portuguese, Spanish, and Brazilian dining, plus craft cafes and late-night bakeries.

Transportation and Access

Unbeatable connectivity includes Newark Liberty International Airport, Amtrak and NJ Transit at Newark Penn Station, and PATH service to Jersey City and Manhattan.
Whether you?re relocating, investing, or planning a weekend, Newark, NJ offers convenience, diversity, and opportunity in the heart of the Northeast corridor.



FAQ – Home Values in Newark

What is the median home value in Newark in 2026?

In 2026, the typical home value in Newark is about $408,439 for an average home size of 4853 square feet. This corresponds to an average price of roughly $85 per square foot.

What is the average cost per square foot in Newark?

In 2026, homes in Newark sell for an average of around $85 per square foot, with a typical range between $114 and $238 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Newark is about 4853 square feet, with an estimated 2026 value around $408,439.



Locations close to Newark, NJ

Elizabeth, NJ205 $ / ft²
Roselle, NJ316 $ / ft²
Roselle Park, NJ223 $ / ft²
Irvington, NJ168 $ / ft²
Nutley, NJ305 $ / ft²
Belleville, NJ203 $ / ft²
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