Foreclosure Homes in East Newark, NJ

Current Market Conditions in East Newark, NJ

The real estate market in East Newark is currently showing positive signs of growth, with an increase in home values driven by demand from new residents and investors. As urban preferences shift, many are looking for more affordable housing options just outside of major cities, and East Newark fits that criteria beautifully.

In recent months, homes in East Newark have seen a rise in sale prices, with many properties being sold above asking price due to competitive bidding. This indicates a healthy market where buyers are eager to secure a home before prices rise further.

Rent Prices In East Newark, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Newark, NJ, is on a rollercoaster ride. The average rent price in East Newark, NJ, is $1,992.00. Indeed, when looking to rent in East Newark, NJ, you can expect to pay as little as $1,100.00 or as much as $2,730.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in East Newark, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.