Median home value in zip code 07102 (Newark, NJ) is $400,950, down 5.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$400,950

YoY Change

-5.9%

Prices falling — better for buyers.

Affordability

Enter your income for 07102 (Newark).

Income (annual)

Down Payment

$80,190 on $400,950

Example: $75,000 household income. Change it above to see your own.

Out of reach39% of income

Need $104,486/yr to afford.

PITI$2,438

P/I39%

Afford$288K

Gap-$113K

P&I $2,027Tax $294Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07102 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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