Newark, NJ

Real Estate Market Report

Updated October 2026

Newark property tax rate ยท Homes for sale

NYC commute from Newark

Peak-hour estimates to Midtown. Times vary by station and schedule.

Rail, PATH, bus, or ferry

Northeast Corridor / PATH

Transit to Midtown

22 min

Peak drive to Midtown

35 min

Nearest station

Newark Penn Station

122

Active Listings

48

Sold (3 months)

$476,793

Avg Sale Price

$465,000

Median Sale Price

$476,144

Avg List Price

$347

Avg $/Sqft

49

Under Contract

๐Ÿ“ˆ Prices Trending Up

Market Trend

Buyer's Market โ€” 7.6 months of inventory

Investment Analysis

Based on tax records, sales trends, and market data

66

Investment Score

Hold / Moderate

+3%

Price Appreciation

Last 3 months vs prior 3

$2,790

Est. Monthly Rent

Net yield: 6%/yr

$6,060

Avg Annual Tax

Median: $5,449.7

Single Family: 86%Multi-Family: 14%Avg Lot: 3,331 sqft

This tool is provided solely by Garden State AI and is not a product or service of BHG Green Team Realty. BHG Green Team Realty is not responsible for the accuracy of this AI-generated information.

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Recent Sales in Newark

Last 3 months

Homes for Sale in Newark

122 active listings

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