Newark (07106) in New Jersey Real Estate, Demographics, Mortgage and Jobs

USA	New Jersey	Newark

Newark, NJ 07106

Newark (07106) has an estimated 31,298 residents with 31,298 of those people in approximately 11,348 housing units. The 07106 zipcode contains 2,988 housing units that are owned with a mortgage or a loan, 566 housing units that are owned free and clear and 7,794 housing units that are renter occupied.

In 2018 the average percentage drop was 6.82% of original listing price.

Zip code 07106 is in the New York-Newark-Jersey City metropolitan area.
The median estimated home value in Newark, NJ (07106) is $198,600 as of 2018-10-31 . Home values here have declined by 1.12%.

In Newark, NJ (07106), values have dereased by -0.32 from when they peaked at $292,900 in 2007-Q2

The Zillow Market Health Index for Newark, NJ (07106) is 5.44. 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 07106
The median age here is 33.90. This age is 89.2% the national median age.
This population is younger than the national average.
The number of male residents is 14,358 with a median age of 32.30 years. The number of female residents is 16,940 with a median age of 35.20 years. This yields a ♂ to ♀ ratio of 0.85
The average household is 2.76 persons and has an income of $43,288.
The average family size in Newark is 3.35.
Area Code: 973/862/908
Time zone: Eastern USA
Region: Northeast - Middle Atlantic
Has Daylight Saving: Yes
Businesses: 169
Employment: 791
Medicare Area: Newark, NJ-PA
County: ESSEX

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