Newark, NJ — Momentum Score, Home Values & Best-For

Why look at Newark?

  • Mid-tier housing market. Median home is $483k.
  • Stable market. Home values -1.3% year-over-year — neither overheated nor falling.
  • Higher tax state. Top marginal income tax rate around 10.8% — factor into salary comparisons.
Newark, NJ
Image: Wikipedia · Newark, New Jersey
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61
Stable
Momentum score · 0–100

Where Newark stands

At or near all-time high.

Median home $482,675
1-year -1.3%
5-yr growth +4.6%
vs 5-yr peak -1.7%
Population +0.5%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-11$483k$214k$313k$412k$511k201620182020202220242026

Lifestyle scores

🚶
Walkability
78/100
Very walkable
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
75/100
Good transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
76/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,138/mo$1,458$1,869$2,279202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent125138100120140202220242026

Rent vs buy

Price-to-rent ratio: 18.8
Lean buy

At a 18.8 price-to-rent ratio, Newark is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
44 · w22%
Home 5-yr growth
63 · w22%
Distance from peak
80 · w18%
Population growth
54 · w16%
Rent YoY
52 · w12%
Home 10-yr growth
79 · w10%

About Newark (Wikipedia)

Newark is the most populous city in the U.S. state of New Jersey, the county seat of Essex County, and a principal city of the New York metropolitan area. As of the 2020 census, the city's population was 311,549. The Population Estimates Program calculated a population of 317,303 for 2024, making it the 64th-most populous municipality in the nation.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorRas Baraka
Area25.88 sq mi
Elevation13 ft
TownshipOctober 31, 1693
Density12903.8/sq mi
Named forNewark-on-Trent, Nottinghamshire, England

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Local safety & alerts

No active National Weather Service alerts for Essex County right now.

Public-safety links are official .gov sources, not curated by us. Essex County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Newark

17 tracked · ranked by median home value
1North Ironbound$568,149-1.0%
2Forest Hill$567,910+1.9%
3Upper Roseville$543,520-2.4%
4Upper Clinton Hill$497,724-1.7%
5Weequahic$491,692+1.3%
6Lower Roseville$490,926+0.8%
7South Broad Street$485,188-5.4%
8Upper Vailsburg$482,286-1.0%
9North Broadway$474,955-1.9%
10Seventh Avenue$465,769-7.4%
11Fairmount$455,177-4.5%
12Lower Vailsburg$451,785-0.2%
13West Side$440,910-0.8%
14Mount Pleasant$405,593-7.8%
15University Heights$367,310+2.4%
16Central Business District$359,234-8.1%
17Springfield-Belmont$348,086+1.1%

New Jersey context

Schools

87 public schools58,718 students14.7:1 student-teacher

Newark is served by 87 public schools enrolling about 58,718 students, with a student-teacher ratio of 14.7:1 — about the same as the US average of ~15:1. Public-school facts are from the NCES Common Core of Data; check ratings and attendance boundaries by exact address below.

Ratings, districts & boundaries:

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
38° / 23°
avg high / low
Summer (Jul)
85° / 65°
avg high / low
Sunny days/yr
207
~57% of year
Annual precip
47″ rain
25″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
High
Tornado
Very low
Wildfire
Very low
Earthquake
Very low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the New York-Newark-Jersey City area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Newark listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-28 from Google News + Reddit RSS. Filtered for Newark-specific coverage. Headlines link to original sources.

Local economy & environment

Humidity
70%
Humid climate
Median household income
$97,100
New Jersey state median
Top industries (state-level)
FinancePharmaLogistics

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Find more cities like Newark

Open the matchmaker pre-filled to match Newark’s price band, region, and size — refine to taste.

Find more like Newark →

Cities similar to Newark

Explore other places with comparable momentum or affordability.

See all New Jersey cities →    Browse best-of lists →

Cost-of-ownership at the median

Tax burden
10.8% top marginal
~31% all-in for a $150k earner
Property tax / yr
$11k
2.23% × median home $483k
Climate / hazard
limited data
Plan for the local hazard profile.

Snapshot assumes a $150k single earner buying at the median home. Your real numbers depend on bracket, deductions, school district, and HOA. Use the affordability calculator and net-pay calculator for your specific case.

Schools & crime context

Schools

School quality is district-by-district and varies dramatically within a city. Check GreatSchools or your state DOE rankings for specific schools before deciding. City-level school data coming soon.

Crime

New Jersey: 195 violent crimes per 100K residents (state avg, FBI UCR). Neighborhood-level rates can vary 10× within one city — research specific areas via CrimeGrade or local police data.

Compare to where you live now

Set your current city once and we’ll show the cost delta on every city profile.

Getting here by train

Newark is served by an Amtrak train station — Liberty International Airport. Use the map to find it, and open its Google profile for photos, hours, and reviews.

📍 3 Brewster Road, Newark, NJ 07114Station code EWRStation Building (with waiting room)

View Liberty International Airport on Google Maps →

Jobs & hiring

In Newark, unemployment runs higher at 11.6%, and hiring momentum has been modest. The strongest local sectors are skilled trades & manufacturing, healthcare and hospitality & tourism.

11.6% unemployment43/100 hiring momentum$52,060 median household income36/100 remote-work fit

Search current openings: