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Median Home Price in Newark, NJ

The median home value in Newark, NJ is $486,845 as of 2026-06-30, down 1.8% from a year earlier.

Median Home Value

$486,845

Year-over-Year

-1.8%

Population

309,708

Newark ranks #138 of 184 New Jersey cities tracked here by median home value, and sits 20.8% below the state's city median of $614,590. It sits in Essex County, where the county-wide median is $675,065.

Crime in Newark

Newark police recorded a violent crime rate of 581 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 1,957 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Newark

How much does a house cost in Newark, NJ?

The median home value in Newark is $486,845. That's down 1.8% from a year earlier. That is about 20.8% below the typical county in New Jersey.

Is Newark expensive compared to the surrounding area?

Homes in Newark are cheaper than Essex County as a whole, where the median is $675,065 — a difference of about 27.9%.

Is Newark a safe place to live?

Newark police reported 581 violent crimes per 100,000 residents, covering a population of about 309,708. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.