Newark, NJ Home Values (2026)
The median home value in Newark is about $493,000 (~$276/sq ft) — 70% more expensive than the typical U.S. home. Below: how Newark compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Newark?
Here’s what the numbers say about housing costs in Newark. A typical home runs about $493,000, which is 70% more expensive than the national median and 14% more affordable than the New Jersey average. At roughly $276 per square foot, a median budget here buys you around 1,790 sq ft of home.
Prices swing a lot by neighborhood: across Newark’s 9 ZIP codes, the most affordable is 07103 (~$402,000) and the priciest is 07105 (~$569,000) — roughly a 1.4× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Newark home value by size
Using the local rate of about $276 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $276,000 |
| 1,500 sq ft | $414,000 |
| 2,000 sq ft | $552,000 |
| 2,500 sq ft | $690,000 |
| 3,000 sq ft | $828,000 |
Estimate your specific home in Newark
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Newark, NJ
Typical value and price per square foot for each Newark ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 07105 | $569,000 | $344 |
| 07107 | $511,000 | $331 |
| 07104 | $501,000 | $275 |
| 07108 | $501,000 | $237 |
| 07112 | $493,000 | $133 |
| 07114 | $466,000 | $276 |
| 07106 | $463,000 | $199 |
| 07102 | $409,000 | $366 |
| 07103 | $402,000 | $279 |
Grow your home’s value in Newark
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Newark stacks up against other New Jersey cities on the New Jersey home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.