Newark, NJ 07104 Real Estate Market Analysis | dynamic.RE
dynamic.RE
Search
Portfolio
Market Analysis
Areas
Analyze
Select a state…
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
No cities
Compare
Market Snapshot
Housing Market
Demand Fundamentals
Newark, NJ — 07104
Market Hotness
45
Hotness Rank
#7,515
Hotness Score
45
Supply Score
75
Demand Score
15
DOM vs US
-14.8%
Faster
Price vs US
110%
Above avg
Median Listing Price
$475K
Population
52,266
Households
336,962
Median Days on Market
38
Active Listings
33
New Listings
18
Housing Market
Pricing
Median Listing Price
$475K
+5.4% YoY
Average Listing Price
$544K
+8.8% YoY
Price per Sq Ft
$225
-16.6% YoY
Median Sq Ft
1,762
+8.7% YoY
Inventory
Active Listings
33
-5.8% YoY
New Listings
18
+12.5% YoY
Total Listings
43
+1.2% YoY
Buyer Competition
Pending Listings
11
+22.2% YoY
Pending Ratio
0.34
+7.8% YoY
Median Days on Market
38
+29.7% YoY
Price Reduced
3.6%
-2.8% YoY
FY2026 Fair Market Rent — Essex County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,612
/month
1 BR
$1,822
/month
2 BR
$2,205
/month
3 BR
$2,761
/month
4 BR
$3,137
/month
FMR Trends — Essex County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
37.7
2024
Population
ZIP Population
52,266
-3.7% YoY
Essex County Population
881,527
+2.0% YoY
Households
Total Housing Units
336,962
+0.4% YoY
Age
2024 Age Mix
863K
residents
Under 18
203,641
23.6%
Adults 18–64
536,721
62.2%
65 & Over
122,640
14.2%
Age Composition Over Time
2017–2024
Population Under 18
203,641
+0.7% YoY
Population 65 & Over
122,640
+2.7% YoY
Median Age
37.70
0.0% YoY
dynamic.RE