Property Prices in Newark, NJ, United States

Index Info
Price to Income Ratio: 5.83
Mortgage as Percentage of Income: 52.24%
Loan Affordability Index: 1.91
Price to Rent Ratio - City Centre: 7.79
Price to Rent Ratio - Outside of Centre: 12.09
Gross Rental Yield (City Centre): 12.84%
Gross Rental Yield (Outside of Centre): 8.27%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 2,332.50 $ 2,300.00-2,365.00
1 Bedroom Apartment Outside of City Centre 1,550.00 $ 1,400.00-1,700.00
3 Bedroom Apartment in City Centre 4,300.00 $ 3,300.00-6,000.00
3 Bedroom Apartment Outside of City Centre 2,561.67 $ 2,500.00-2,685.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 372.31 $ 65.00-527.96
Price per Square Feet to Buy Apartment Outside of Centre 365.98 $ 46.00-527.96
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,407.43 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.52 6.19-6.80

These data are based on 44 entries from 21 contributors over the past 18 months.
Last update: 30 October 2025

Sources and References
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1 Comments so far
Donna Jacobs on Nov 24, 2020:
I need and found a two bedroom apartment and ready for violent crimes to move me asap please I can't keep looking at my attacker every day after the things and sad to my only daughter cause I am very scary for me and my family in this building and I believe that the landlord is definitely still did not talk with me about my safety in this building can someone please help me Donn Jacobs&