Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Newark area can be challenging. Home prices in East Newark are now at a median cost of $308,293, lower than the New Jersey average of $388,929.
The average cost of rent is $1,305/mo in East Newark, primarily driven by the current value of real estate in the East Newark area. While nearly 39.09% of residents own their homes outright in East Newark, 69.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Newark is $5,091 per month. Households that rent pay about 25.64% of their income on rent here. East Newark's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Harrison, NJ: higher priced homes
- Kearny, NJ: higher priced homes
- Newark, NJ: equally priced homes
- Silver Lake, NJ: equally priced homes
- East Orange, NJ: less expensive homes
- Belleville, NJ: equally priced homes
- North Arlington, NJ: higher priced homes
- Bloomfield, NJ: higher priced homes
- Orange, NJ: less expensive homes
- Irvington, NJ: less expensive homes
Cities with Similar Populations
- Waynesburg, OH: less expensive homes
- Bridgeport, MI: less expensive homes
- Brookston, IN: less expensive homes
- Buena Vista, GA: less expensive homes
- Caledonia, IL: less expensive homes
- Decatur, AR: less expensive homes
- Maybrook, NY: less expensive homes
- Linn, MO: less expensive homes
- Mooresburg, TN: less expensive homes
- Ridgway, CO: higher priced homes
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