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Teachers Village

NEWARK, NJ 07102

Real Estate Market Report  ·  Essex County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
7
Pending
2
29% pending ratio
Median Price
$499,000
Average Price
$506,400
Days on Market
37

Market Context

Population: 13,506  ·  Density: 4,611.7/mi²  ·  Median household income: $35,515

Typical home value: $0  ·  Homeownership: 6.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEWARK, NJ real estate market (07102) currently shows 7 active listings, with 2 pending sales. Homes are averaging 37 days on the market before going under contract.

Whether you are buying or selling in NEWARK, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.2 miles — 392 listings ($211,266,747 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07102Newark, NJ 071020.0 mi7$3,544,800$499,000$506,400
07103Newark, NJ 071031.2 mi28$10,959,088$388,000$391,396
07107Newark, NJ 071071.9 mi13$4,930,770$389,500$379,290
07104Newark, NJ 071042.2 mi21$15,113,364$428,875$719,684
07112Newark, NJ 071122.6 mi24$11,615,136$499,000$483,964
07106Newark, NJ 071063.0 mi27$13,426,425$455,000$497,275
07017East Orange, NJ 070173.1 mi48$20,209,680$440,000$421,035
07050Orange, NJ 070503.9 mi36$19,569,708$499,000$543,603
07109Belleville, NJ 071094.1 mi54$27,313,308$550,000$505,802
07201Elizabeth, NJ 072014.4 mi6$3,054,900$474,000$509,150
07028Glen Ridge, NJ 070285.0 mi8$9,081,336$450,000$1,135,167
07040Maplewood, NJ 070405.1 mi29$21,809,189$649,500$752,041
07304Jersey City, NJ 073045.2 mi91$50,639,043$539,000$556,473

Frequently Asked Questions

How many homes are for sale in NEWARK, NJ 07102?

As of January 2026, there are 7 active listings in NEWARK, NJ (zip code 07102).

What is the median home price in NEWARK, NJ 07102?

The median listing price in NEWARK, NJ 07102 is $499,000 as of January 2026.

How long do homes stay on the market in NEWARK, NJ?

Homes in NEWARK, NJ 07102 spend an average of 37 days on the market before going under contract.

Is it a seller's or buyer's market in NEWARK, NJ 07102?

Based on current inventory and days-on-market data as of January 2026, NEWARK, NJ 07102 is currently a Balanced Market.

How much can I save on real estate commission in NEWARK, NJ?

With SELL123.com's maximum 3% commission, sellers in NEWARK, NJ 07102 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.