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Area data

Newark, NJ — ZIP 07104

Population: 52,266 (Census ACS)

The median home value in ZIP 07104 (Newark, NJ) is $497,351 — down 1.2% over the past year. Homes sell for a median $485,000 after a median 39 days on market. Typical rent runs $1,944/month. 16 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

$497,351

Median home value

-1.2%

1-year change

39

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$497,351
1-year appreciation
-1.2%
3-year appreciation
+4.5%
5-year appreciation
+24.9%
10-year appreciation
+106.9%
All-time peak (2025-06)
$504,696
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
$485,000
Median list price
$499,990
Median price per sqft
$226
1-year sale-price change
-24.2%
Median days on market
39 days
Homes sold (recent period)
16
For-sale inventory
42
Sale-to-list ratio
105.0%
Active listings
20
1-year forecast
+1.5%
New listings (monthly)
14

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

Rents

Typical rent
$1,944/mo
1-year rent change
+3.4%
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
16
Elementary schools
12
Middle schools
0
High schools
1
Charter schools
2
School districts serving the area
Robert Treat Academy Charter School, Maria L. Varisco-Rogers Charter School, Newark Public School District
Schools include
Robert Treat Academy Charter School, Maria Varisco Rogers Charter School, Rafael Hernandez School, Barringer High School, Elliott Street Elementary 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
A05
Flood risk level
High
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
9
Nearest Superfund site
Riverside Industrial Park (0.5 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)

Annual precipitation
50.2 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
14.3 / 20
Transit service frequency
105
Jobs reachable by car (30 min)
684,704
Jobs reachable by transit (45 min)
573,546

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
22
Nearest national park
Thomas Edison National Historical Park (4 mi)
National parks include
Thomas Edison National Historical Park, Ellis Island Part of Statue of Liberty National Monument, Statue Of Liberty National Monument
Airports within 30 mi
14
Nearest airport
Newark Liberty International Airport (EWR) (5 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (5 mi)
Hospitals nearby (~15 mi)
73
Hospitals include
HACKENSACK UNIVERSITY MEDICAL CENTER, NEWARK BETH ISRAEL MEDICAL CENTER, PALISADES MEDICAL CENTER
Avg hospital rating (CMS)
2.5 / 5
Best hospital rating nearby (CMS)
5.0 / 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
1,964
Housing built before 1970
57.3%
Housing built 2000 or later
15.9%
Median annual property tax
$7,589
Mean commute to work
28 min
Households with broadband internet
64.8%

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 07104State medianUS median
Median home value$497,351$577,759$289,727
Median sale price$485,000$555,000$325,000
Median days on market39 days42 days51 days
Typical rent$1,944/mo$2,540/mo$1,808/mo
Median annual property tax$7,589$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 07104?
$497,351.
What is the median sale price in ZIP 07104?
$485,000.
How long do homes take to sell in ZIP 07104?
Median days on market: 39 days.
What is typical rent in ZIP 07104?
Typical rent: $1,944/month.
What is the natural-hazard risk in ZIP 07104?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: strongWind, winterWeather, coldWave, heatWave, inlandFlooding.
Is ZIP 07104 in a flood zone?
High (FEMA NFIP). FEMA flood zone A05.
What is the wildfire risk in ZIP 07104?
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 07104?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 07104?
9 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Riverside Industrial Park, 0.5 mi.
How many schools serve ZIP 07104?
16 schools (12 elementary, 1 high) (NCES, 2022-23).
Is ZIP 07104 walkable?
Walkability index: 14.3/20 (EPA Smart Location Database).
What is the cost of living in ZIP 07104?
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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