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Newark, NJ 07107 Real Estate & Property Data

Newark, NJ 07107 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 248 residential properties have been sold over the past 12 months in 07107. With a median sales price of $555,000 in 07107 and a total of 11 foreclosures in Newark, NJ 07107. Discover market trends and get the granular level real estate data for Newark, NJ 07107 to keep your pulse on the housing market. Curate compelling home reports for Newark, NJ 07107 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Newark, NJ 07107 Real Estate Market Trends

Get property data for any address in Newark, NJ 07107 or the country:

Total Residential Properties 4,212

Total Commercial Properties 444

Avg. Home Age (Single Family Home) 86 Years

Avg. Square Feet (Single Family Home) 2,450

Total 2025 Residential Sales (year-to-date) 49

% of Homes Seriously Underwater (Q2 2025) 2.5%

Total 2024 Residential Sales 222

% of Equity Rich Homes (Q2 2025) 43.64%

Effective 2024 Property Tax 1.28%

Total Foreclosure Filings (year-to-date) 17

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Newark, NJ 07107 Real Estate Overview

There were 248 residential properties sold in the past year in Newark, NJ 07107. The median home value in Newark, NJ 07107 is $521,150. There are a total of 4,212 residential properties in the 07107.

Median Sales Price i

$555,000

(Feb 2025)

+8.8%

year-over-year

y-o-y

February '25 Feb '25 $555,000
January '25 Jan '25 $515,000
December '24 Dec '24 $590,000
November '24 Nov '24 $650,000
October '24 Oct '24 $640,000
September '24 Sep '24 $535,000
August '24 Aug '24 $600,000
July '24 Jul '24 $495,000
June '24 Jun '24 $510,000
May '24 May '24 $502,000
April '24 Apr '24 $450,000
March '24 Mar '24 $440,000

Median Down Payment i

$25,500

(Feb 2025)

-78.5%

year-over-year

y-o-y

February '25 Feb '25 $25,500
January '25 Jan '25 $109,000
December '24 Dec '24 $39,175
November '24 Nov '24 $39,000
October '24 Oct '24 $140,000
September '24 Sep '24 $48,000
August '24 Aug '24 $21,430
July '24 Jul '24 $58,500
June '24 Jun '24 $20,381
May '24 May '24 $77,258
April '24 Apr '24 $63,250
March '24 Mar '24 $80,000

Number of Homes Sold i

26

(Feb 2025)

+85.7%

year-over-year

y-o-y

February '25 Feb '25 26
January '25 Jan '25 23
December '24 Dec '24 19
November '24 Nov '24 14
October '24 Oct '24 19
September '24 Sep '24 20
August '24 Aug '24 21
July '24 Jul '24 20
June '24 Jun '24 15
May '24 May '24 22
April '24 Apr '24 16
March '24 Mar '24 19

Number of Purchase Loans i

19

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 19
January '25 Jan '25 18
December '24 Dec '24 14
November '24 Nov '24 8
October '24 Oct '24 14
September '24 Sep '24 9
August '24 Aug '24 12
July '24 Jul '24 16
June '24 Jun '24 13
May '24 May '24 18
April '24 Apr '24 14
March '24 Mar '24 12

Number of REFI Loans i

13

(Feb 2025)

-13.3%

year-over-year

y-o-y

February '25 Feb '25 13
January '25 Jan '25 11
December '24 Dec '24 18
November '24 Nov '24 14
October '24 Oct '24 22
September '24 Sep '24 14
August '24 Aug '24 15
July '24 Jul '24 17
June '24 Jun '24 9
May '24 May '24 17
April '24 Apr '24 20
March '24 Mar '24 17

Number of HELOC Loans i

3

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 5
October '24 Oct '24 5
September '24 Sep '24 2
August '24 Aug '24 3
July '24 Jul '24 3
June '24 Jun '24 1
May '24 May '24 N/A
April '24 Apr '24 2
March '24 Mar '24 3

Newark, NJ 07107 Real Estate Market Overview

Last 30 days

Street
Street
Street

Newark, NJ 07107 Foreclosure Activity

There were a total of 11 Newark, NJ 07107 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

11

(Feb 2025)

+266.7%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 6
December '24 Dec '24 4
November '24 Nov '24 4
October '24 Oct '24 2
September '24 Sep '24 5
August '24 Aug '24 2
July '24 Jul '24 5
June '24 Jun '24 3
May '24 May '24 7
April '24 Apr '24 11
March '24 Mar '24 9

Foreclosure Starts i

6

(Feb 2025)

+500%

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 4
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 3
June '24 Jun '24 N/A
May '24 May '24 6
April '24 Apr '24 6
March '24 Mar '24 4

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 07102
2. 07103
3. 07104
4. 07105
5. 07106
6. 07108

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