07104 Real Estate Market

07104 Market

The median sale price for homes in 07104 over the last 12 months is $150,000.


The median mortgage debt is $132,807.

Additional Statistics for Single Family Homes and Condos in Newark, NJ
$152,050
Median Listing Price
210
Median Days on Market
98
Active Listings
11.2%
Distressed Listings
(foreclosures and short sales)
07104 (Newark, NJ) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Newark is $167,500. The list prices increased by 12.41% from the previous month.

The price per square foot for listings in this area is $91.

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07104 (Newark, NJ) Market Inventory Trends

The number of active listings in Newark dropped by 7.4% from the previous month.

The median number of days active properties have been listed is 246. This is much longer than the national average.

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07104 (Newark, NJ) Property Ownership

The percent of owner occupied properties in Newark is 41.02% below the national average.

The percent of rental properties in Newark is 48.67% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.