Median home value in zip code 07103 (Newark, NJ) is $395,424, up 1.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$395,424

YoY Change

+1.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 07103 (Newark).

Income (annual)

Down Payment

$79,085 on $395,424

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

Out of reach38.5% of income

Need $103,114/yr to afford.

PITI$2,406

P/I38.5%

Afford$288K

Gap-$108K

P&I $1,999Tax $290Ins $117

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

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

Metro Analysis

07103 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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