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Expensive
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These days, finding an affordable place to live in the North Broadway area can be challenging. Home prices in North Broadway are now at a median cost of $322,572, lower than the Newark average of $403,669.
The average cost of rent is $1,587/mo in North Broadway, primarily driven by the current value of real estate in the North Broadway area. In North Broadway, 67.28% of households rent, and 38.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in North Broadway is $5,051 per month. Households that rent pay about 31.43% of their income on rent here. North Broadway’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Forest Hill, Newark, NJ: higher priced homes
- Mount Pleasant-Lower Broadway, Newark, NJ: higher priced homes
- Upper Roseville, Newark, NJ: higher priced homes
- Seventh Avenue, Newark, NJ: higher priced homes
- Lower Roseville, Newark, NJ: higher priced homes
- University Heights, Newark, NJ: higher priced homes
- Central Business District, Newark, NJ: higher priced homes
- Fairmuont, Newark, NJ: equally priced homes
- North Ironbound, Newark, NJ: higher priced homes
- Springfield-Belmont, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- West Meadows, Tampa, FL: higher priced homes
- Cypress Park, Los Angeles, CA: higher priced homes
- Delmar Parkway, Aurora, CO: higher priced homes
- Desert Hills, Cave Creek, AZ: higher priced homes
- Downtown Chula Vista, Chula Vista, CA: higher priced homes
- Dupont Circle, Washington, DC: higher priced homes
- Dutchtown, St. Louis, MO: less expensive homes
- East Forest, Charlotte, NC: higher priced homes
- East San Diego, San Diego, CA: higher priced homes
- East Side-Bridgeport, Bridgeport, CT: less expensive homes
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