Median home value: $356K (+3.2% YoY). Rent: $2,041/mo. Price-to-rent: 14.5x. Part of Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page.
Home Value$356,253
+3.2%
Rent$2,041/mo
AFFORDABILITYBuying $63/mo cheaper ($2,041 rent)6.00% 30yr, 20% down, county tax + DE ins. 28% per HUD.
Enter your income for Newark.
$71,251 on $356,253
Stretch — 31.6% of income
Above 28% but manageable with cuts.
PITI$1,978
P/I31.6%
Afford$315K
Gap-$41K
P&I $1,709Tax $169Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing