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Dayton South Broad Street South Ironbound

NEWARK, NJ 07114

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

Neighborhoods in ZIP 07114

Dayton · South Broad Street · South Ironbound

Market Analysis

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

The NEWARK, NJ real estate market (07114) currently shows 8 active listings, with 1 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 27 days on market compared to 24 days last year.

The median listing price has fallen 11.9% year-over-year, from $385,000 to $339,000.

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.

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Market Context

Market Context

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

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

Market Overview

Active Listings
8
⇩ 33.3% vs 12 last year
Pending
1
13% pending ratio
Median Price
$339,000
⇩ 11.9% vs $385,000 last year
Average Price
$373,400
⇩ 10.4% vs $416,544 last year
Days on Market
27
⇧ 12.5% vs 24 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 21.4% vs $295/sqft last year
Median Home Size
1,850 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 12 last year
  • Days on market: 27 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $339,000 (-11.9% YoY)
  • Average: $373,400 (-10.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.4 miles — 452 listings ($233,532,258 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07114Newark, NJ 071140.0 mi6$2,128,284$335,000$354,714
07105Newark, NJ 071052.1 mi28$15,543,416$427,000$555,122
07102Newark, NJ 071022.5 mi8$4,215,312$499,000$526,914
07103Newark, NJ 071033.1 mi32$12,107,296$377,250$378,353
07205Hillside, NJ 072053.3 mi25$14,432,225$538,363$577,289
07002Bayonne, NJ 070023.5 mi67$32,917,435$503,750$491,305
07111Irvington, NJ 071113.8 mi59$24,475,265$422,475$414,835
07032Kearny, NJ 070324.4 mi38$23,437,564$598,495$616,778
07106Newark, NJ 071064.4 mi32$16,111,936$458,438$503,498
07104Newark, NJ 071044.6 mi22$14,852,310$499,000$675,105
10303Staten Island, NY 103034.7 mi61$35,049,807$585,500$574,587
10302Staten Island, NY 103025.0 mi25$16,803,475$648,250$672,139
07017East Orange, NJ 070175.4 mi49$21,457,933$459,450$437,917

Frequently Asked Questions

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

As of March 2026, there are 8 active listings in NEWARK, NJ (zip code 07114), compared to 12 the prior year.

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

The median listing price in NEWARK, NJ 07114 is $339,000 as of March 2026, a 11.9% decrease from $385,000 the prior year.

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

Homes in NEWARK, NJ 07114 spend an average of 27 days on the market before going under contract, compared to 24 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 March 2026, NEWARK, NJ 07114 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 27 days on market compared to 24 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 $6,780 compared to a typical 5% commission on the median listing price of $339,000. 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.