Median home value in zip code 07107 (Newark, NJ) is $501,741, down 1.7% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$501,741

YoY Change

-1.7%

Prices falling — better for buyers.

Affordability

Enter your income for 07107 (Newark).

Income (annual)

Down Payment

$100,348 on $501,741

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

Out of reach48.4% of income

Need $129,514/yr to afford.

PITI$3,022

P/I48.4%

Afford$291K

Gap-$211K

P&I $2,537Tax $368Ins $117

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

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

Metro Analysis

07107 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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