Median home value in zip code 07114 (Newark, NJ) is $463,154, down 3.3% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$463,154

YoY Change

-3.3%

Prices falling — better for buyers.

Affordability

Enter your income for 07114 (Newark).

Income (annual)

Down Payment

$92,631 on $463,154

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

Out of reach44.8% of income

Need $119,914/yr to afford.

PITI$2,798

P/I44.8%

Afford$290K

Gap-$173K

P&I $2,342Tax $340Ins $117

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

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

Metro Analysis

07114 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.

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

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.