Newark, NJ Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Newark, NJ.
Average buy price
$261.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.45 / sqft / month
Monthly rent per square foot.
Median home price
$453,000
Estimated median residential sale price.
Median monthly rent
$1,695
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 32.8% over the last 5 years.
Rent price development
Rent prices have increased by about 15.7% over the last 5 years.
Submitted values in Newark
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-05 | Rent | duplex | $1.93 / sqft | 1,680 sqft | $3,242 | Dayton 07114 |
| 2026-07-05 | Buy | condo | $286.00 / sqft | 920 sqft | $263,120 | Ironbound 07105 |
| 2026-07-04 | Rent | loft | $3.44 / sqft | 930 sqft | $3,199 | Downtown Newark 07102 |
| 2026-07-04 | Buy | single-family home | $226.00 / sqft | 1,710 sqft | $386,460 | Lower Roseville 07107 |
| 2026-07-02 | Buy | duplex | $232.00 / sqft | 2,480 sqft | $575,360 | Roseville 07107 |
| 2026-06-30 | Buy | single-family home | $229.00 / sqft | 1,645 sqft | $376,705 | Upper Clinton Hill 07108 |
| 2026-06-17 | Buy | townhouse | $253.00 / sqft | 1,610 sqft | $407,330 | Clinton Hill 07108 |
| 2026-06-17 | Buy | multi-family home | $257.00 / sqft | 3,880 sqft | $997,160 | North Broadway 07104 |
| 2026-06-17 | Buy | townhouse | $267.00 / sqft | 1,375 sqft | $367,125 | Central Ward 07103 |
| 2026-06-15 | Rent | luxury apartment | $4.22 / sqft | 710 sqft | $2,996 | Downtown Newark 07102 |
| 2026-06-11 | Rent | apartment | $2.74 / sqft | 735 sqft | $2,014 | Central Ward 07103 |
| 2026-06-09 | Rent | loft | $3.18 / sqft | 880 sqft | $2,798 | Downtown Newark 07102 |
| 2026-06-09 | Buy | single-family home | $246.00 / sqft | 1,580 sqft | $388,680 | Weequahic 07112 |
| 2026-06-08 | Buy | condo | $341.00 / sqft | 865 sqft | $294,965 | Downtown Newark 07102 |
| 2026-06-08 | Rent | apartment | $2.02 / sqft | 1,035 sqft | $2,091 | Mount Pleasant 07104 |
| 2026-06-06 | Rent | townhouse | $2.08 / sqft | 1,420 sqft | $2,954 | Clinton Hill 07108 |
| 2026-06-03 | Rent | apartment | $3.36 / sqft | 690 sqft | $2,318 | North Ironbound 07105 |
| 2026-05-31 | Rent | apartment | $2.05 / sqft | 1,185 sqft | $2,429 | Weequahic 07112 |
| 2026-05-27 | Rent | single-family home | $1.66 / sqft | 2,100 sqft | $3,486 | Upper Vailsburg 07106 |
| 2026-05-27 | Buy | duplex | $239.00 / sqft | 2,685 sqft | $641,715 | Dayton 07114 |
| 2026-05-25 | Buy | duplex | $218.00 / sqft | 2,320 sqft | $505,760 | Vailsburg 07106 |
| 2026-05-21 | Buy | single-family home | $234.00 / sqft | 1,435 sqft | $335,790 | Weequahic 07112 |
| 2026-05-21 | Buy | multi-family home | $274.00 / sqft | 3,620 sqft | $991,880 | Ironbound 07105 |
| 2026-05-16 | Rent | apartment | $2.27 / sqft | 575 sqft | $1,305 | North Broadway 07104 |
| 2026-05-14 | Rent | luxury apartment | $3.71 / sqft | 1,180 sqft | $4,378 | South Ironbound 07105 |
| 2026-05-12 | Rent | condo | $2.61 / sqft | 960 sqft | $2,506 | South Ironbound 07105 |
| 2026-05-09 | Buy | condo | $326.00 / sqft | 705 sqft | $229,830 | Downtown Newark 07102 |
| 2026-05-09 | Rent | multi-family home | $1.88 / sqft | 1,920 sqft | $3,610 | Upper Clinton Hill 07108 |
| 2026-05-09 | Buy | townhouse | $249.00 / sqft | 1,520 sqft | $378,480 | Dayton-Weequahic Park 07112 |
| 2026-05-05 | Buy | single-family home | $295.00 / sqft | 1,850 sqft | $545,750 | Forest Hill 07104 |
| 2026-05-03 | Buy | duplex | $266.00 / sqft | 2,550 sqft | $678,300 | Ironbound 07105 |
| 2026-05-02 | Rent | apartment | $2.67 / sqft | 820 sqft | $2,189 | University Heights 07103 |
| 2026-04-30 | Buy | multi-family home | $201.00 / sqft | 4,450 sqft | $894,450 | Dayton 07114 |
| 2026-04-30 | Buy | multi-family home | $221.00 / sqft | 4,100 sqft | $906,100 | South Broad Street 07108 |
| 2026-04-27 | Buy | single-family home | $305.00 / sqft | 1,980 sqft | $603,900 | Forest Hill 07104 |
| 2026-04-27 | Rent | apartment | $1.79 / sqft | 1,120 sqft | $2,005 | Weequahic 07112 |
| 2026-04-26 | Rent | apartment | $2.18 / sqft | 905 sqft | $1,973 | Fairmount 07107 |
| 2026-04-24 | Buy | condo | $318.00 / sqft | 780 sqft | $248,040 | Downtown Newark 07102 |
| 2026-04-22 | Rent | single-family home | $1.92 / sqft | 1,760 sqft | $3,379 | Weequahic 07112 |
| 2026-04-21 | Rent | apartment | $2.31 / sqft | 650 sqft | $1,502 | North Broadway 07104 |
| 2026-04-19 | Buy | condo | $271.00 / sqft | 1,100 sqft | $298,100 | University Heights 07103 |
| 2026-04-19 | Rent | townhouse | $2.14 / sqft | 1,285 sqft | $2,750 | University Heights 07103 |
| 2026-04-19 | Rent | luxury apartment | $4.08 / sqft | 1,025 sqft | $4,182 | Downtown Newark 07102 |
| 2026-04-17 | Rent | apartment | $2.41 / sqft | 860 sqft | $2,073 | Roseville 07107 |
| 2026-04-16 | Buy | townhouse | $278.00 / sqft | 1,240 sqft | $344,720 | North Ironbound 07105 |
| 2026-04-10 | Rent | duplex | $1.74 / sqft | 1,550 sqft | $2,697 | Vailsburg 07106 |
| 2026-04-09 | Rent | luxury apartment | $4.55 / sqft | 760 sqft | $3,458 | Ironbound 07105 |
| 2026-04-07 | Buy | multi-family home | $242.00 / sqft | 3,360 sqft | $813,120 | Fairmount 07107 |
| 2026-04-06 | Rent | apartment | $3.02 / sqft | 720 sqft | $2,174 | Ironbound 07105 |
| 2026-04-06 | Buy | single-family home | $214.00 / sqft | 1,490 sqft | $318,860 | Upper Vailsburg 07106 |
| 2026-03-18 | Rent | apartment | $2.36 / sqft / month | 930 sqft | $2,195 | Roseville 07107 |
| 2026-02-06 | Buy | multi-family home | $263.00 / sqft | 3,750 sqft | $986,250 | Clinton Hill 07108 |
| 2025-08-21 | Rent | luxury apartment | $4.05 / sqft / month | 720 sqft | $2,916 | Ironbound 07105 |
| 2025-04-11 | Buy | single-family home | $248.00 / sqft | 1,725 sqft | $427,800 | Weequahic 07112 |
| 2024-10-04 | Rent | apartment | $2.48 / sqft / month | 820 sqft | $2,034 | North Broadway 07104 |
| 2024-03-19 | Buy | townhouse | $236.00 / sqft | 1,420 sqft | $335,120 | University Heights 07103 |
| 2023-11-29 | Rent | single-family home | $1.78 / sqft / month | 1,800 sqft | $3,204 | Weequahic 07112 |
| 2023-05-10 | Buy | multi-family home | $219.00 / sqft | 3,600 sqft | $788,400 | Ironbound 07105 |
| 2022-09-15 | Rent | luxury apartment | $3.35 / sqft / month | 735 sqft | $2,462 | Downtown Newark 07102 |
| 2022-04-27 | Buy | condo | $258.00 / sqft | 980 sqft | $252,840 | Downtown Newark 07102 |
| 2021-12-03 | Rent | apartment | $2.04 / sqft / month | 760 sqft | $1,550 | Fairmount 07107 |
| 2021-06-14 | Buy | duplex | $198.00 / sqft | 2,500 sqft | $495,000 | Upper Vailsburg 07106 |
| 2020-08-20 | Rent | apartment | $2.12 / sqft / month | 890 sqft | $1,887 | North Ironbound 07105 |
| 2020-03-05 | Buy | single-family home | $184.00 / sqft | 1,600 sqft | $294,400 | Forest Hill 07104 |
| 2019-10-31 | Rent | townhouse | $1.82 / sqft / month | 1,350 sqft | $2,457 | Clinton Hill 07108 |
| 2019-07-18 | Buy | multi-family home | $177.00 / sqft | 3,500 sqft | $619,500 | Roseville 07107 |
| 2018-12-12 | Rent | luxury apartment | $2.88 / sqft / month | 680 sqft | $1,958 | Downtown Newark 07102 |
| 2018-05-04 | Buy | condo | $224.00 / sqft | 940 sqft | $210,560 | Downtown Newark 07102 |
| 2017-09-26 | Rent | apartment | $2.05 / sqft / month | 760 sqft | $1,558 | Ironbound 07105 |
| 2017-06-09 | Buy | townhouse | $168.00 / sqft | 1,325 sqft | $222,600 | Weequahic 07112 |
| 2016-11-07 | Rent | apartment | $1.68 / sqft / month | 810 sqft | $1,361 | University Heights 07103 |
| 2016-04-29 | Buy | duplex | $145.00 / sqft | 2,360 sqft | $342,200 | South Broad Street 07108 |
| 2015-08-13 | Rent | loft | $1.92 / sqft / month | 720 sqft | $1,382 | Downtown Newark 07102 |
| 2015-02-19 | Buy | single-family home | $139.00 / sqft | 1,460 sqft | $202,940 | Vailsburg 07106 |
| 2014-10-28 | Rent | single-family home | $1.35 / sqft / month | 1,650 sqft | $2,228 | Weequahic 07112 |
| 2014-07-21 | Buy | multi-family home | $126.00 / sqft | 3,200 sqft | $403,200 | South Ironbound 07105 |
| 2013-12-04 | Rent | apartment | $1.43 / sqft / month | 880 sqft | $1,258 | Mount Pleasant 07104 |
| 2013-05-15 | Buy | condo | $154.00 / sqft | 850 sqft | $130,900 | Downtown Newark 07102 |
| 2012-09-06 | Rent | duplex | $1.27 / sqft / month | 1,200 sqft | $1,524 | Fairmount 07107 |
| 2012-03-22 | Buy | single-family home | $118.00 / sqft | 1,550 sqft | $182,900 | North Broadway 07104 |
| 2011-11-18 | Rent | apartment | $1.52 / sqft / month | 700 sqft | $1,064 | North Ironbound 07105 |
| 2011-04-07 | Buy | townhouse | $102.00 / sqft | 1,260 sqft | $128,520 | University Heights 07103 |
| 2010-09-24 | Rent | single-family home | $1.05 / sqft / month | 1,700 sqft | $1,785 | Upper Vailsburg 07106 |
| 2010-06-16 | Buy | multi-family home | $89.00 / sqft | 2,980 sqft | $265,220 | Clinton Hill 07108 |
| 2009-12-11 | Rent | apartment | $1.21 / sqft / month | 930 sqft | $1,125 | Dayton 07114 |
| 2009-05-28 | Buy | single-family home | $96.00 / sqft | 1,500 sqft | $144,000 | Weequahic 07112 |
| 2008-10-02 | Rent | apartment | $1.38 / sqft / month | 760 sqft | $1,049 | Central Ward 07103 |
| 2008-03-18 | Buy | duplex | $129.00 / sqft | 2,440 sqft | $314,760 | Roseville 07107 |
| 2007-08-23 | Rent | townhouse | $1.25 / sqft / month | 1,320 sqft | $1,650 | South Broad Street 07108 |
| 2007-04-20 | Buy | condo | $171.00 / sqft | 910 sqft | $155,610 | Downtown Newark 07102 |
| 2006-12-15 | Rent | apartment | $1.46 / sqft / month | 810 sqft | $1,183 | Ironbound 07105 |
| 2006-06-02 | Buy | single-family home | $148.00 / sqft | 1,640 sqft | $242,720 | Forest Hill 07104 |
| 2005-10-19 | Rent | single-family home | $1.12 / sqft / month | 1,540 sqft | $1,725 | Vailsburg 07106 |
| 2005-02-10 | Buy | townhouse | $132.00 / sqft | 1,375 sqft | $181,500 | University Heights 07103 |
| 2004-07-29 | Rent | apartment | $1.31 / sqft / month | 690 sqft | $904 | Downtown Newark 07102 |
| 2004-03-04 | Buy | multi-family home | $115.00 / sqft | 3,350 sqft | $385,250 | South Ironbound 07105 |
| 2003-11-13 | Rent | duplex | $1.08 / sqft / month | 1,180 sqft | $1,274 | Fairmount 07107 |
| 2003-06-27 | Buy | single-family home | $104.00 / sqft | 1,420 sqft | $147,680 | Weequahic 07112 |
| 2002-09-17 | Rent | apartment | $1.05 / sqft / month | 850 sqft | $893 | Mount Pleasant 07104 |
| 2002-04-09 | Buy | duplex | $93.00 / sqft | 2,250 sqft | $209,250 | Clinton Hill 07108 |
| 2001-12-06 | Rent | apartment | $1.18 / sqft / month | 740 sqft | $873 | North Ironbound 07105 |
| 2001-05-11 | Buy | condo | $116.00 / sqft | 790 sqft | $91,640 | Downtown Newark 07102 |
| 2000-08-24 | Rent | single-family home | $0.86 / sqft / month | 1,600 sqft | $1,376 | Vailsburg 07106 |
| 2000-03-30 | Buy | townhouse | $88.00 / sqft | 1,280 sqft | $112,640 | Central Ward 07103 |
| 1999-10-08 | Rent | apartment | $0.94 / sqft / month | 960 sqft | $902 | Dayton 07114 |
| 1999-05-21 | Buy | multi-family home | $64.00 / sqft | 3,100 sqft | $198,400 | Lower Roseville 07107 |
| 1998-11-16 | Rent | apartment | $1.02 / sqft / month | 705 sqft | $719 | Downtown Newark 07102 |
| 1998-06-19 | Buy | single-family home | $72.00 / sqft | 1,360 sqft | $97,920 | Ironbound 07105 |
| 1997-12-03 | Rent | townhouse | $0.88 / sqft / month | 1,250 sqft | $1,100 | Weequahic 07112 |
| 1997-04-25 | Buy | duplex | $56.00 / sqft | 2,380 sqft | $133,280 | Upper Vailsburg 07106 |
| 1996-09-09 | Rent | apartment | $0.79 / sqft / month | 840 sqft | $664 | Roseville 07107 |
| 1996-01-31 | Buy | single-family home | $67.00 / sqft | 1,520 sqft | $101,840 | Forest Hill 07104 |
| 1995-07-22 | Rent | apartment | $0.91 / sqft / month | 900 sqft | $819 | Ironbound 07105 |
| 1995-02-17 | Buy | condo | $78.00 / sqft | 720 sqft | $56,160 | Downtown Newark 07102 |
| 1994-10-29 | Rent | duplex | $0.74 / sqft / month | 1,100 sqft | $814 | South Broad Street 07108 |
| 1994-05-03 | Buy | multi-family home | $49.00 / sqft | 2,850 sqft | $139,650 | Dayton 07114 |
| 1993-08-14 | Rent | apartment | $0.83 / sqft / month | 650 sqft | $540 | North Broadway 07104 |
| 1993-03-26 | Buy | townhouse | $61.00 / sqft | 1,180 sqft | $71,980 | Fairmount 07107 |
| 1992-11-20 | Rent | single-family home | $0.66 / sqft / month | 1,450 sqft | $957 | Vailsburg 07106 |
| 1992-06-12 | Buy | duplex | $45.00 / sqft | 2,100 sqft | $94,500 | Clinton Hill 07108 |
| 1991-09-05 | Rent | apartment | $0.72 / sqft / month | 780 sqft | $562 | University Heights 07103 |
| 1991-04-18 | Buy | single-family home | $52.00 / sqft | 1,350 sqft | $70,200 | Weequahic 07112 |
Housing market overview for Newark, NJ
The real estate market in Newark, NJ can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $261.00 / sqft and an average rent of $2.45 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Newark?
The average residential buy price in Newark, NJ is $261.00 / sqft based on the current values available on this page.
How much is rent per square foot in Newark?
The average rental price in Newark, NJ is $2.45 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Newark increasing?
Buy prices have increased by about 32.8% over the last 5 years. Rent prices have increased by about 15.7% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.