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Newark Real Estate For Sale In NJ

Newark

Located just 30 minutes away from New York City, Newark, NJ is one of the oldest cities in the U.S. and is home to an astounding variety of people from all over the world. With a population of over 300k and easy access to New York City, you can find everything you could possibly need in Newark, all within a 30-minute drive or less. A major center of New Jersey real estate, take a look at some of the properties we have listed below and see if Newark real estate is the right market for you.

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$499,999

Coming Soon

Multi-Family For Sale

Multi-Family For Sale

Open House - Sat, Apr 27

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$499,999

Active Listing

Multi-Family For Sale

Multi-Family For Sale

Open House - Sat, Apr 27

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$639,000

Active Listing

Multi-Family For Sale

Multi-Family For Sale

New Listing - 14 hours on Site

New Listing - 17 hours on Site

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$500,000

Active Listing

Multi-Family For Sale

Multi-Family For Sale

New Listing - 17 hours on Site

New Listing - 18 hours on Site

New Listing - 18 hours on Site

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$699,999

Active Listing

Multi-Family For Sale

Multi-Family For Sale

New Listing - 19 hours on Site

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$550,000

Active Listing

Multi-Family For Sale

Multi-Family For Sale

Open House - Sun, Apr 28

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$649,999

Active Listing

Multi-Family For Sale

Beds

Baths

35 Tillinghast Street

Newark, NJ 07108

Multi-Family For Sale

New Listing - yesterday

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$599,900

Active Listing

Multi-Family For Sale

Multi-Family For Sale

New Listing - yesterday

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$689,000

Active Listing

Multi-Family For Sale

Multi-Family For Sale

New Listing - yesterday

172 Kerrigan Boulevard

Newark, NJ 07106

Farm For Sale

Open House - Sat, Apr 27

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$799,900

Active Listing

Single Family Home For Sale

Single Family Home For Sale

Open House - Sat, Apr 27

$525,000

Active Listing

Multi-Family For Sale

Beds

Baths

22-24 Mount Prospect Avenue

Newark, NJ 07104

Multi-Family For Sale

New Listing - 3 days on Site

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$425,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

Open House - Sat, Apr 27

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$635,000

Active Listing

Multi-Family For Sale

Multi-Family For Sale

Open House - Sun, Apr 28

$850,000

Active Listing

Land For Sale

661-663 Mount Prospect Avenue

Newark, NJ 07104

Land For Sale

New Listing - 3 days on Site

$3,000,000

Active Listing

Commercial For Sale

1074-1078 Bergen Street

Newark, NJ 07112

Commercial For Sale

New Listing - 3 days on Site

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More About Newark NJ Real Estate

Newark is the most populous city in New Jersey and forms the western edge of the New York City megalopolis. In recent years Newark has been going through a true revitalization and though downtown might seem quiet on the surface, in truth Newark has one of the most underrated nightlife in the NYC metropolitan area.

Outside of downtown, you’ll find eastern Newark real estate to be dense, mixed commercial-residential neighborhoods that get progressively more industrial the closer you get to Newark Bay. You'll find that most Newark real estate at the west of the city center features traditional single-family homes and duplexes, nearly all of which are two or three stories tall. Newark is a big commuter city, so be sure to own a car or live near downtown to access a train station.

Overall, Newark is a good, affordable city in the NYC metro area with straightforward access to Manhattan.

Newark NJ Real Estate Market

Well known as an affordable city relative to the rest of the NYC metropolitan area, real estate in Newark attracts first-time homebuyers from every walk of life. The median price for a single-family home in Newark real estate is $350K or half of what Jersey City and NYC pay for single-family homes. Looking beyond the rise and falls of the market over the last few years, Newark Real Estate’s value is well above where it was back in 2019.

Homes for sale in Newark make up a smaller slice of the market than is typical of most American cities. Single-family homes and townhomes put together constitute about one fifty of all available properties. Condos in Newark are great for those looking to build equity and list for between $200K and $400K on average.

Most real estate in Newark, NJ was built up over the course of the 20th century, with no specific era of construction dominating the market. It's just as easy to find a mid-century townhouse as a new single-family panel-sided home. Most properties in Newark real estate feature two to three bedrooms.

Distances to Other Cities from Newark

12 miles to New York, NY
51 miles to Trenton, NJ
12 miles to Jersey City, NJ
10 miles to Passaic, NJ
85 miles to Philadelphia, PA

Neighborhoods In Newark NJ

Ironbound

Ironbound is a dense urban neighborhood reminiscent of the Bronx borough. Most Ironbound real estate is made up of two- and three-story affairs, with lots of condos as well as rentable properties for sale ranging between $300K and $1M. Schools in Ironbound include Lafayette Street School, Wilson Avenue School, and South Street School.

Vailsburg

Vailsburg is a western Newark neighborhood full of single-family homes clustered close together on old tree-lined streets. These homes are typically 3 or 4 bedrooms and list between $289K and $600K. Neighborhood Schools include University Elementary School, Alexander Street Public School, and Lincoln School.

Suburbs of Newark, NJ Real Estate

Elizabeth

A suburb city of over 100K just south of Newark, Elizabeth is renowned as one of the greenest cities in the U.S. Elizabeth real estate features single family homes and duplexes ranging between $200K and $500K, Elizabeth is a great city to check out if you want to commute around the NYC metro area.

Montclair

If you’re looking for something a little smaller, give Montclair a look. Hilly and wooded, Montclair feels like a world apart from the dense urban feel of the rest of eastern Jersey. That being said, you’re still close enough to NYC to see Manhattan’s skyline from atop the highest hills in Montclair. Real estate for sale in Montclair goes for between $500K and $1M.

Schools In Newark NJ

Newark real estate is served primarily by the Newark Public Schools, the biggest school district in New Jersey, with over 41K students enrolled. It’s also a state-operated school district (SDA Districts), meaning the state must pay the costs for school facilities and renovations. Essex County Vocational-Technical School District also operates schools within the city of Newark. The top public high schools in Newark include:

Technology High School (Newark PS)
Science High School (Newark PS)
Essex County Newark Vocational-Technical School

FAQ About Newark NJ Real Estate

What’s the zip code for Newark, New Jersey?

The zip codes for Newark, NJ, include:

07103 | 07104 | 07105 | 07106 | 07108 | 07112 | 07114 | 07107

What county is Newark, New Jersey in?

Newark, NJ, is a city in Essex County.

Where is the nearest airport to Newark, New Jersey?

The Newark Liberty International Airport is 4.5 miles or about 15 minutes from Newark, NJ.

How far is Trenton from Newark, New Jersey?

Trenton, NJ, is around 58 miles or about an hour and 15 minutes from Newark, NJ.

Is Newark, New Jersey a good place to live in?

People feel Newark real estate is a good place to live in for its proximity to New York City, available job opportunities, plethora of amenities, and more spacious homes compared to the Big Apple.

Is Newark, New Jersey the same as New York?

Newark and New York City are two different cities situated about 12 miles from each other. They are also in two separate states; Newark is in the state of New Jersey and New York City is in the state of New York.

Things To Do In Newark NJ

Military Park - Located near the performing arts center, Military Park is an old urban park full of monuments in honor of America’s wars. In recent years, the park has seen a facelift with the addition of new walking paths and a restaurant.
New Jersey Performing Arts Center - Known as one of the largest performing arts centers in the country, here you’ll find a variety of live entertainment and performances from comedians to musicians.
Newark Museum - Known as the largest museum in New Jersey, the Newark Museum shares artifacts from all over the world. From American realism to over 5,000 relics of the Tibetan Plateau. Not only are their historical pieces, but there are some intriguing hands-on science exhibits and a planetarium!
Prudential Center (The Rock) - Located near the Newark Penn Station, here at this stadium you can unwind and watch the New Jersey Devils play some hockey. The stadium also has several bars and restaurants in and around the stadium as another way to host and entertain its guests.
Thomas Edison National Historical Park - Only 15 minutes from downtown Newark real estate, this historical park is full of information and artifacts showcasing the life of Thomas Edison and his inventions. Here you’ll see a variety of batteries, film cameras, phonographs, and so much more!

Living In Newark NJ

Cost of living in Newark

The overall cost of living in Newark is higher than the national average by 19.5% but is still slightly less than New Jersey’s average by 0.9%. If you plan to live in Newark real estate, you’ll likely pay more for transportation and utilities but about the same or less for groceries, healthcare, and housing. The median home cost in Newark is about $46K less than the state’s average. The median household income in Newark is $40,235.

Medical Access in Newark

Residents living in Newark real estate do not have to travel far to receive quality medical care as there are several hospitals in and around the city. Hospitals in Newark include:

University Hospital - Newark
Saint Michael’s Medical Center
Newark Beth Israel Medical Center
Children’s Hospital of New Jersey
Columbus Hospital

Weather in Newark

Newark is a part of two climates: humid subtropical and humid continental climates. Winters are generally cold with an average temperature of 32.8°F with an average of 31.5 inches of snow. Summers are typically warm with averages heating up to about 78.2°F in July. The wettest time of year is during the summer with Newark receiving an average of 47.5 inches of precipitation a year.

Jobs In Newark NJ

Newark is New Jersey’s largest employment center, with over 100K people commuting to this city. Newark is primarily a white-collar city with opportunities in finance, import-export, insurance, government, and healthcare. Newark is home to the Essex County Courthouse which houses facilities for the county, state, and federal governments and also over 1,000 law firms. Newark is also a college town, which provides several job opportunities in education for those living in Newark real estate. Due to networks of transportation in air, maritime, rail, and roadways here makes Newark the heart of transshipment on the East Coast.

Third behind New York City and Hartford, CT, Newark is the nation's third-largest insurance hub with many companies headquartered or have a major presence here. Due to Newark’s location, technology has also staked its claim in Newark, with several companies making this city their home base.

Some of the most notable companies in Newark include:

Mutual Benefit Life
Fireman’s Insurance
Prudential Financial
IDT Corporation
NJ Transit
Horizon Blue Cross
Blue Shield of New Jersey
Audible
Panasonic
AeroFarms
WebMD

Transportation In Newark NJ

Newark is the gateway for transportation in the mid-Atlantic and the New York metro area. The I-95 is on the east side of town and runs parallel to Newark Bay. I-280 travels through the north side of Newark and I-78 runs through the south end. Though technically not in the city limits, the Garden State Pkwy travels along the west side of Newark proper.

NJ Transit provides public bus service throughout Newark, while the PATH is a more broad transit system and commutes residents to and from Newark to other major cities like Manhattan and Jersey City, which operates out of the Newark Penn Station.

property types

Condos Foreclosures Homes Multi-Family Homes New Construction Townhouses Upcoming Open Houses