Call or Text (240) SELL-123

NEWARK, NJ 07114

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

Market Overview

Active Listings
6
⇩ 14.3% vs 7 last year
Pending
2
33% pending ratio
Median Price
$347,000
⇩ 15.4% vs $410,000 last year
Average Price
$377,250
⇩ 4.4% vs $394,750 last year
Days on Market
122
⇧ 87.7% vs 65 days last year

Market Context

Population: 13,154  ·  Density: 643.4/mi²  ·  Median household income: $32,591

Typical home value: $409,781  ·  Homeownership: 20.7%

Market Analysis

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

The NEWARK, NJ real estate market (07114) currently shows 6 active listings, with 2 pending sales. Homes are averaging 122 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 122 days on market compared to 65 days last year.

The median listing price has fallen 15.4% year-over-year, from $410,000 to $347,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEWARK, NJ 07114 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 7 last year
  • Days on market: 122 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $347,000 (-15.4% YoY)
  • Average: $377,250 (-4.4% YoY)

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 5.4 miles — 457 listings ($235,985,261 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07114Newark, NJ 071140.0 mi6$2,263,500$347,000$377,250
07105Newark, NJ 071052.1 mi29$13,057,279$399,000$450,251
07102Newark, NJ 071022.5 mi7$3,544,800$499,000$506,400
07103Newark, NJ 071033.1 mi28$10,959,088$388,000$391,396
07205Hillside, NJ 072053.3 mi23$13,709,909$550,000$596,083
07002Bayonne, NJ 070023.5 mi71$37,725,424$529,450$531,344
07111Irvington, NJ 071113.8 mi60$24,805,800$436,500$413,430
07032Kearny, NJ 070324.4 mi38$23,257,254$588,000$612,033
07106Newark, NJ 071064.4 mi27$13,426,425$455,000$497,275
07104Newark, NJ 071044.6 mi21$15,113,364$428,875$719,684
10303Staten Island, NY 103034.7 mi67$36,888,994$574,999$550,582
10302Staten Island, NY 103025.0 mi32$21,023,744$649,500$656,992
07017East Orange, NJ 070175.4 mi48$20,209,680$440,000$421,035

Frequently Asked Questions

How many homes are for sale in NEWARK, NJ 07114?

As of January 2026, there are 6 active listings in NEWARK, NJ (zip code 07114), compared to 7 the prior year.

What is the median home price in NEWARK, NJ 07114?

The median listing price in NEWARK, NJ 07114 is $347,000 as of January 2026, a 15.4% decrease from $410,000 the prior year.

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

Homes in NEWARK, NJ 07114 spend an average of 122 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in NEWARK, NJ 07114?

Based on current inventory and days-on-market data as of January 2026, NEWARK, NJ 07114 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 122 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEWARK, NJ 07114 save an estimated $6,940 compared to a typical 5% commission on the median listing price of $347,000. 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.