City

NEWARK, NJ

New York-Newark-Jersey City, NY-NJ-PA

The median home in Newark, New Jersey is valued at $479,280, up 0.2% year over year. Typical monthly rent is $2,143, producing a price-to-rent ratio of 18.6xnear the national average of 18x. Newark is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →

Home Value$479,280
+0.2%
Rent$2,143/mo
AFFORDABILITY

Enter your income for Newark.

$95,856 on $479,280
Out of reach — 56.4% of income

Need $151,157/yr to afford.

PITI$3,527
P/I56.4%
Afford$238K
Gap-$241K
P&I $2,424Tax $987Ins $117
Renting $1,384/mo cheaper ($2,143 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey

Compare Newark with other housing markets across New Jersey.

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

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