Population: 27,830 · Density: 7,790.2/mi² · Median household income: $32,739
Typical home value: $293,026 · Homeownership: 16.6%
Data as of January 2026. Source: Realtor.com.
The NEWARK, NJ real estate market (07108) currently shows 25 active listings, with 7 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 58 days on market compared to 36 days last year.
The median listing price has fallen 6.9% year-over-year, from $451,250 to $419,999.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07108 | Newark, NJ 07108 | 0.0 mi | 25 | $11,987,750 | $419,999 | $479,510 |
| 07103 | Newark, NJ 07103 | 1.1 mi | 28 | $10,959,088 | $388,000 | $391,396 |
| 07102 | Newark, NJ 07102 | 1.7 mi | 7 | $3,544,800 | $499,000 | $506,400 |
| 07205 | Hillside, NJ 07205 | 2.4 mi | 23 | $13,709,909 | $550,000 | $596,083 |
| 07018 | East Orange, NJ 07018 | 2.4 mi | 31 | $13,392,930 | $387,000 | $432,030 |
| 07029 | Harrison, NJ 07029 | 2.8 mi | 6 | $2,635,200 | $448,000 | $439,200 |
| 07017 | East Orange, NJ 07017 | 3.4 mi | 48 | $20,209,680 | $440,000 | $421,035 |
| 07050 | Orange, NJ 07050 | 3.6 mi | 36 | $19,569,708 | $499,000 | $543,603 |
| 07079 | South Orange, NJ 07079 | 3.6 mi | 33 | $30,493,287 | $985,000 | $924,039 |
| 07040 | Maplewood, NJ 07040 | 3.8 mi | 29 | $21,809,189 | $649,500 | $752,041 |
| 07088 | Vauxhall, NJ 07088 | 4.4 mi | 7 | $3,300,381 | $422,500 | $471,483 |
| 07202 | Elizabeth, NJ 07202 | 4.9 mi | 18 | $7,702,200 | $375,000 | $427,900 |
| 07041 | Millburn, NJ 07041 | 5.3 mi | 9 | $9,526,500 | $1,200,000 | $1,058,500 |
As of January 2026, there are 25 active listings in NEWARK, NJ (zip code 07108), compared to 12 the prior year.
The median listing price in NEWARK, NJ 07108 is $419,999 as of January 2026, a 6.9% decrease from $451,250 the prior year.
Homes in NEWARK, NJ 07108 spend an average of 58 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NEWARK, NJ 07108 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in NEWARK, NJ 07108 save an estimated $8,400 compared to a typical 5% commission on the median listing price of $419,999. 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.