Newark (07107) in New Jersey Real Estate, Demographics, Mortgage and Jobs

USA	New Jersey	Newark

Newark, NJ 07107

Newark (07107) has an estimated 37,650 residents with 37,330 of those people in approximately 12,537 housing units. The 07107 zipcode contains 2,019 housing units that are owned with a mortgage or a loan, 595 housing units that are owned free and clear and 9,923 housing units that are renter occupied.

In Newark (07107) the median listing price of $219,947 has inreased by $2,947 since 2018-10.

Zip code 07107 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Newark, NJ (07107) is $245,700 as of 2018-10-31 . Home values here have declined by 0.82%.

In Newark, NJ (07107), values have dropped by -0.30 from when they peaked at $352,500 in 2007-Q2

The Zillow Market Health Index for Newark, NJ (07107) is 4.17. The corresponding state value is 1.76. This is significantly higher than the overall Market Health Index of NewJersey.

Current Weather in Newark Created 1 Feb 20:51 pm EST in New York, NY
	Mostly Clear Mostly clear, with a low around 13. West wind 3 to 5 mph.

Demographics of Newark zipcode 07107
The median age here is 30.50. This age is 80.3% the national median age.
This population is younger than the national average.
The number of male residents is 18,009 with a median age of 29.30 years. The number of female residents is 19,641 with a median age of 31.50 years. This yields a ♂ to ♀ ratio of 0.92
The average household is 2.98 persons and has an income of $37,418.
The average family size in Newark is 3.53.
Area Code: 973/908/862
Time zone: Eastern USA
Region: Northeast - Middle Atlantic
Has Daylight Saving: Yes
Businesses: 456
Employment: 4,347
Medicare Area: Newark, NJ-PA
County: ESSEX

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