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Area data

Newark, NJ — ZIP 07103

Population: 37,293 (Census ACS)

The median home value in ZIP 07103 (Newark, NJ) is $402,662 — up 1.2% over the past year. Homes sell for a median $815,000 after a median 54.5 days on market. Typical rent runs $2,189/month. 20 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with strongwind, winterweather, coldwave the top-rated hazards. Cost of living is 12.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$402,662

Median home value

+1.2%

1-year change

54.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$402,662
1-year appreciation
+1.2%
3-year appreciation
+13.6%
5-year appreciation
+23.1%
10-year appreciation
+127.9%
All-time peak (2026-07)
$402,662
House Price Index (state)
430.8 (+5.2% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$815,000
Median list price
$762,500
Median price per sqft
$182
1-year sale-price change
+21.6%
Median days on market
54.5 days
Homes sold (recent period)
31
For-sale inventory
44
Sale-to-list ratio
101.6%
Active listings
62
1-year forecast
+1.8%
New listings (monthly)
12

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,189/mo
1-year rent change
+0.2%
Studio fair-market rent
$1,385/mo
1BR fair-market rent
$1,731/mo
2BR fair-market rent
$2,099/mo
3BR fair-market rent
$2,729/mo
4BR fair-market rent
$3,149/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
20
Elementary schools
10
Middle schools
0
High schools
8
Charter schools
5
School districts serving the area
Marion P. Thomas Charter School, New Horizons Community Charter School, Peoples Preparatory Charter School
Schools include
Marion P. Thomas Charter School, New Horizons Community Charter School, Peoples Preparatory Charter School, Philip's Academy Charter School, LEAD Charter School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
strongWind, winterWeather, coldWave, heatWave, inlandFlooding
Notable hazard ratings (county)
coastalFlooding: Relatively Moderate · coldWave: Relatively High · earthquake: Relatively Moderate · hail: Relatively Moderate · heatWave: Relatively High · hurricane: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
17.0%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
8
Nearest Superfund site
Riverside Industrial Park (2.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
64.0°F
Average low
47.0°F
Annual precipitation
57.4 in
Annual snowfall
9.7 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
14.8 / 20
Transit service frequency
70
Jobs reachable by car (30 min)
655,884
Jobs reachable by transit (45 min)
547,927

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
23
Nearest national park
Thomas Edison National Historical Park (4 mi)
National parks include
Thomas Edison National Historical Park, Statue Of Liberty National Monument, Ellis Island Part of Statue of Liberty National Monument
Airports within 30 mi
16
Nearest airport
Newark Liberty International Airport (EWR) (4 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (4 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
THE UNIVERSITY HOSPITAL
Avg hospital rating (CMS)
1.0 / 5
Best hospital rating nearby (CMS)
1.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-4,174 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,989
Housing built before 1970
27.7%
Housing built 2000 or later
30.6%
Median annual property tax
$6,634
Mean commute to work
29 min
Households with broadband internet
72.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
273,240
Average weekly wage
$1,593
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
144

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 07103State medianUS median
Median home value$402,662$577,759$289,727
Median sale price$815,000$555,000$325,000
Median days on market55 days42 days51 days
Typical rent$2,189/mo$2,540/mo$1,808/mo
Median annual property tax$6,634$9,504$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 07103?
$402,662.
What is the median sale price in ZIP 07103?
$815,000.
How long do homes take to sell in ZIP 07103?
Median days on market: 54.5 days.
What is typical rent in ZIP 07103?
Typical rent: $2,189/month.
What is the natural-hazard risk in ZIP 07103?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: strongWind, winterWeather, coldWave, heatWave, inlandFlooding.
Is ZIP 07103 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 07103?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 07103?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 07103?
8 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Riverside Industrial Park, 2.7 mi.
How many schools serve ZIP 07103?
20 schools (10 elementary, 8 high) (NCES, 2022-23).
Is ZIP 07103 walkable?
Walkability index: 14.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 07103?
Regional Price Parity: 112.5 (100 = US average) (High) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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