Median home value in zip code 07106 (Newark, NJ) is $459,593, up 0.7% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$459,593

YoY Change

+0.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 07106 (Newark).

Income (annual)

Down Payment

$91,919 on $459,593

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

Out of reach44.4% of income

Need $119,057/yr to afford.

PITI$2,778

P/I44.4%

Afford$290K

Gap-$170K

P&I $2,324Tax $337Ins $117

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

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

Metro Analysis

07106 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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