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Condo Foreclosures in Newark, NJ 07102

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Newark, NJ Foreclosures

Current Market Conditions in in Newark, NJ As of February 2026?
Over the past month, Newark's real estate market has experienced a surge in home buying activity, largely attributed to low mortgage rates and the stabilization of the city's economy post-pandemic. As a result, housing inventory has begun to dwindle, leading to competitive bidding in the most sought-after neighborhoods.
How much do homes sell for in Newark, NJ?
The average home price is currently $625,807.
In Newark, NJ, how many homes are available?
There are currently 1 active home listings available in Newark.
What’s the average rental cost in Newark, NJ?
The average rental price in Newark is $1,774.
What is the most expensive home in Newark?
The most expensive home sold in Newark had a price of $238,300,520.
What is currently the cheapest priced home in Newark, NJ?
The cheapest home for sale in Newark is priced at $10,436.

Living in Newark, NJ

Newark, NJ, is a thriving urban area rich in culture, offering a diverse community and a wide variety of amenities. With easy access to public transport and recreational activities, it’s ideal for city life balanced with neighborhood charm. The city is continually evolving with new developments and investment opportunities.

Buyer vs Seller Market in Newark, NJ

The Newark real estate market has shown signs of a strong recovery, characterized by increased demand for housing and a rise in home prices, driven by the city's ongoing development projects and enhancements in infrastructure.

There has been a noticeable uptick in both rental and purchase activity, as more people are moving to Newark in search of affordability compared to neighboring NYC, highlighting its appeal as an emerging urban destination.

Home Value Estimator For Newark, NJ

There are currently 40,717 real estate properties in Newark, NJ, with a median automated valuation model (AVM) price of $533,621.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newark, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newark, NJ, is $625,807.00, with the most expensive house in Newark, NJ, topping out at $238,300,520.00 and the cheapest home in Newark, NJ, clocking in at $10,436.00. In other words, there’s something for every potential homebuyer or savvy investor in Newark, NJ!

Rent Prices In Newark, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newark, NJ, is on a rollercoaster ride. The average rent price in Newark, NJ, is $1,774.00. Indeed, when looking to rent in Newark, NJ, you can expect to pay as little as $850.00 or as much as $4,620.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in 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.

Newark, NJ 07102 Condos

Market Trend for Newark, NJ

Total Listings Available: 1

Market Values:

Home Prices from $10,436 to $238,300,520

Average Sales Price: $625,807

Rental Values:

Rental from $850 to $4,620

Average Rent Value: $1,774 / month

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