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Newark, NJ 07112 Real Estate & Property Data

Newark, NJ 07112 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 273 residential properties have been sold over the past 12 months in 07112. With a median sales price of $630,000 in 07112 and a total of 9 foreclosures in Newark, NJ 07112. Discover market trends and get the granular level real estate data for Newark, NJ 07112 to keep your pulse on the housing market. Curate compelling home reports for Newark, NJ 07112 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Newark, NJ 07112 Real Estate Market Trends

Get property data for any address in Newark, NJ 07112 or the country:

Total Residential Properties 3,972

Total Commercial Properties 191

Avg. Home Age (Single Family Home) 90 Years

Avg. Square Feet (Single Family Home) 2,600

Total 2024 Residential Sales (year-to-date) 35

% of Homes Seriously Underwater (Q2 2024) 2.12%

Total 2023 Residential Sales 259

% of Equity Rich Homes (Q2 2024) 39.46%

Effective 2023 Property Tax 1.39%

Total Foreclosure Filings (year-to-date) 24

Newark, NJ 07112 Real Estate Overview

There were 273 residential properties sold in the past year in Newark, NJ 07112. The median home value in Newark, NJ 07112 is $495,400. There are a total of 3,972 residential properties in the 07112.

Median Sales Price i

$630,000

(Feb 2024)

+29.2%

year-over-year

y-o-y

February '24 Feb '24 $630,000
January '24 Jan '24 $440,892
December '23 Dec '23 $575,000
November '23 Nov '23 $487,000
October '23 Oct '23 $595,000
September '23 Sep '23 $510,000
August '23 Aug '23 $572,500
July '23 Jul '23 $550,000
June '23 Jun '23 $530,000
May '23 May '23 $480,000
April '23 Apr '23 $470,000
March '23 Mar '23 $555,000

Median Down Payment i

$42,500

(Feb 2024)

+56.7%

year-over-year

y-o-y

February '24 Feb '24 $42,500
January '24 Jan '24 $20,814
December '23 Dec '23 $61,000
November '23 Nov '23 $32,836
October '23 Oct '23 $78,848
September '23 Sep '23 $56,250
August '23 Aug '23 $25,181
July '23 Jul '23 $32,000
June '23 Jun '23 $19,220
May '23 May '23 $16,875
April '23 Apr '23 $10,226
March '23 Mar '23 $65,637

Number of Homes Sold i

18

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 17
December '23 Dec '23 24
November '23 Nov '23 21
October '23 Oct '23 23
September '23 Sep '23 17
August '23 Aug '23 24
July '23 Jul '23 21
June '23 Jun '23 27
May '23 May '23 22
April '23 Apr '23 18
March '23 Mar '23 23

Number of Purchase Loans i

16

(Feb 2024)

+14.3%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 19
December '23 Dec '23 18
November '23 Nov '23 23
October '23 Oct '23 21
September '23 Sep '23 13
August '23 Aug '23 14
July '23 Jul '23 20
June '23 Jun '23 23
May '23 May '23 23
April '23 Apr '23 13
March '23 Mar '23 19

Number of REFI Loans i

22

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 22
January '24 Jan '24 14
December '23 Dec '23 18
November '23 Nov '23 26
October '23 Oct '23 12
September '23 Sep '23 24
August '23 Aug '23 16
July '23 Jul '23 16
June '23 Jun '23 18
May '23 May '23 20
April '23 Apr '23 16
March '23 Mar '23 21

Number of HELOC Loans i

3

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 4
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 5
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 N/A

Newark, NJ 07112 Real Estate Market Overview

Last 30 days

Street
Street
Street

Newark, NJ 07112 Foreclosure Activity

There were a total of 9 Newark, NJ 07112 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

9

(Feb 2024)

-35.7%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 15
December '23 Dec '23 10
November '23 Nov '23 15
October '23 Oct '23 24
September '23 Sep '23 14
August '23 Aug '23 10
July '23 Jul '23 5
June '23 Jun '23 9
May '23 May '23 12
April '23 Apr '23 7
March '23 Mar '23 10

Foreclosure Starts i

7

(Feb 2024)

-22.2%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 9
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 14
September '23 Sep '23 6
August '23 Aug '23 5
July '23 Jul '23 5
June '23 Jun '23 4
May '23 May '23 7
April '23 Apr '23 4
March '23 Mar '23 6

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 07102
2. 07103
3. 07104
4. 07105
5. 07106
6. 07107

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