Newark, NJ 07103 Real Estate & Property Data

Newark, NJ 07103 Real Estate Market Trends
Last Updated: April 24, 2024

A total of 285 residential properties have been sold over the past 12 months in 07103. With a median sales price of $550,000 in 07103 and a total of 9 foreclosures in Newark, NJ 07103. Discover market trends and get the granular level real estate data for Newark, NJ 07103 to keep your pulse on the housing market. Curate compelling home reports for Newark, NJ 07103 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Newark, NJ 07103 Real Estate Market Trends
Total Residential Properties 3,958
Total Commercial Properties 521
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 2,384
Total 2024 Residential Sales (year-to-date) 33
% of Homes Seriously Underwater (Q2 2024) 3.48%
Total 2023 Residential Sales 272
% of Equity Rich Homes (Q2 2024) 33.26%
Effective 2023 Property Tax 1.37%
Total Foreclosure Filings (year-to-date) 15
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Newark, NJ 07103 Real Estate Overview

There were 285 residential properties sold in the past year in Newark, NJ 07103. The median home value in Newark, NJ 07103 is $398,350. There are a total of 3,958 residential properties in the 07103.

Median Sales Price i
$550,000
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 $550,000
  • January '24 Jan '24 $399,999
  • December '23 Dec '23 $574,375
  • November '23 Nov '23 $585,000
  • October '23 Oct '23 $515,400
  • September '23 Sep '23 $517,187
  • August '23 Aug '23 $518,000
  • July '23 Jul '23 $600,000
  • June '23 Jun '23 $500,000
  • May '23 May '23 $561,406
  • April '23 Apr '23 $525,000
  • March '23 Mar '23 $490,000
Median Down Payment i
$106,718
(Feb 2024)
+27%
year-over-year
y-o-y
  • February '24 Feb '24 $106,718
  • January '24 Jan '24 $67,500
  • December '23 Dec '23 $40,650
  • November '23 Nov '23 $66,900
  • October '23 Oct '23 $76,000
  • September '23 Sep '23 $89,437
  • August '23 Aug '23 $55,050
  • July '23 Jul '23 $94,500
  • June '23 Jun '23 $100,000
  • May '23 May '23 $44,575
  • April '23 Apr '23 $13,313
  • March '23 Mar '23 $28,750
Number of Homes Sold i
22
(Feb 2024)
+57.1%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 11
  • December '23 Dec '23 25
  • November '23 Nov '23 23
  • October '23 Oct '23 18
  • September '23 Sep '23 24
  • August '23 Aug '23 32
  • July '23 Jul '23 25
  • June '23 Jun '23 25
  • May '23 May '23 23
  • April '23 Apr '23 21
  • March '23 Mar '23 22
Number of Purchase Loans i
24
(Feb 2024)
+84.6%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 10
  • December '23 Dec '23 25
  • November '23 Nov '23 18
  • October '23 Oct '23 18
  • September '23 Sep '23 19
  • August '23 Aug '23 26
  • July '23 Jul '23 20
  • June '23 Jun '23 16
  • May '23 May '23 21
  • April '23 Apr '23 15
  • March '23 Mar '23 20
Number of REFI Loans i
19
(Feb 2024)
+58.3%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 11
  • December '23 Dec '23 9
  • November '23 Nov '23 13
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 20
  • July '23 Jul '23 11
  • June '23 Jun '23 15
  • May '23 May '23 14
  • April '23 Apr '23 8
  • March '23 Mar '23 15
Number of HELOC Loans i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 1

Newark, NJ 07103 Foreclosure Activity

There were a total of 9 Newark, NJ 07103 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
9
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 6
  • December '23 Dec '23 5
  • November '23 Nov '23 21
  • October '23 Oct '23 11
  • September '23 Sep '23 18
  • August '23 Aug '23 6
  • July '23 Jul '23 16
  • June '23 Jun '23 8
  • May '23 May '23 5
  • April '23 Apr '23 8
  • March '23 Mar '23 11
Foreclosure Starts i
5
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 4
  • December '23 Dec '23 3
  • November '23 Nov '23 9
  • October '23 Oct '23 9
  • September '23 Sep '23 15
  • August '23 Aug '23 3
  • July '23 Jul '23 13
  • June '23 Jun '23 5
  • May '23 May '23 3
  • April '23 Apr '23 6
  • March '23 Mar '23 8
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 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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