The Most Affordable Neighborhoods in Upper Vailsburg, Newark, NJ by Home Value

 

Upper Vailsburg, Newark, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Upper Vailsburg area can be challenging. Home prices in Upper Vailsburg are now at a median cost of $235,299, lower than the Newark average of $291,901.

The average cost of rent is $1,251/mo in Upper Vailsburg, primarily driven by the current value of real estate in the Upper Vailsburg area. While nearly 30.02% of residents own their homes outright in Upper Vailsburg, 64.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Upper Vailsburg is $4,471 per month. Households that rent pay about 27.98% of their income on rent here. Upper Vailsburg's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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