Market report · NJ

Newark, NJ

Balanced's market

Newark's market is in transition: -1.3% YoY, median DOM 29 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$483k
Typical home value
↑5.8%
-1.3%
YoY change
$2,138
Median rent
↑14.1%
5.32%
Gross yield
29
Median DOM
45/100
MDR score
Detail Value Detail Value
Median list price $441,500 Median sale price $435,500
Sale-to-list ratio 1.006 % sold below list +31.0%
Active inventory 220 New listings 65
Trends · 36-month series

How Newark has moved.

Typical home value $456k → $483k · ↑5.8% (36mo)
$456k $468k $479k $491k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑14.1% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 38d → 29d · ↓23.8% (36mo)
29d 32d 35d 38d Feb 26Mar 26Apr 26
Sale-to-list ratio 1.018 → 1.006 · ↓1.2% (36mo)
1.006 1.010 1.014 1.018 Jan 26Feb 26Mar 26

Newark sits at a median home value of $482,675 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 1.006 signals a balanced market — neither bid wars nor fire sales dominate. 31.0% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $2,138/mo against a $483k median gives a 5.32% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 29 days against 220 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Newark is 45/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.

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FAQ

Newark for investors.

Is Newark a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Newark is 45/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Newark is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.

What is the median home price in Newark?

The typical home value in Newark as of the most recent Zillow read is $482,675. Median list price is $441,500 and median sale price is $435,500. Year-over-year change: -1.3%.

What can a landlord expect to rent a property for in Newark?

Zillow's Observed Rent Index for Newark is $2,138/mo. Against the typical home value of $483k, that produces a gross annual rent yield of 5.32% — right at the national baseline, requiring tight underwriting on holds.

Is Newark a buyer's or seller's market?

Newark's current sale-to-list ratio is 1.006 with 31.0% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 29 days. Active inventory: 220 listings.

Which investment strategy works best in Newark?

Newark's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/newark, /brrrr/newark, and /flipping/newark.

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