Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Seventh Avenue area can be challenging. Home prices in Seventh Avenue are now at a median cost of $289,881, lower than the Newark average of $291,901.
The average cost of rent is $1,202/mo in Seventh Avenue, primarily driven by the current value of real estate in the Seventh Avenue area. While nearly 34.73% of residents own their homes outright in Seventh Avenue, 84.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Seventh Avenue is $3,776 per month. Households that rent pay about 31.83% of their income on rent here. Seventh Avenue's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Mount Pleasant-Lower Broadway, Newark, NJ: equally priced homes
- Lower Roseville, Newark, NJ: equally priced homes
- University Heights, Newark, NJ: less expensive homes
- Upper Roseville, Newark, NJ: equally priced homes
- Forest Hill, Newark, NJ: higher priced homes
- Central Business District, Newark, NJ: higher priced homes
- Fairmuont, Newark, NJ: less expensive homes
- North Broadway, Newark, NJ: higher priced homes
- Springfield-Belmont, Newark, NJ: less expensive homes
- North Ironbound, Newark, NJ: higher priced homes
Neighborhoods with Similar Populations
- Eastmont, Oakland, CA: higher priced homes
- Airport North, Orlando, FL: less expensive homes
- Kensington, Buffalo, NY: less expensive homes
- Hillcrest, San Diego, CA: higher priced homes
- Grayland, Chicago, IL: higher priced homes
- Glendale, Salt Lake City, UT: less expensive homes
- Fruitvale Station, Oakland, CA: higher priced homes
- Fenton Area, Fenton, MO: less expensive homes
- Energy Corridor, Houston, TX: higher priced homes
- Downtown Brooklyn, Brooklyn, NY: higher priced homes
All Local Stats
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