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 $349,697, lower than the Newark average of $403,669.

The average cost of rent is $1,487/mo in Upper Vailsburg, primarily driven by the current value of real estate in the Upper Vailsburg area. In Upper Vailsburg, 59.64% of households rent, and 39.35% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Upper Vailsburg is $5,816 per month. Households that rent pay about 25.57% of their income on rent here. Upper Vailsburg’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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