Market Intelligence · NJ / Newark

Newark, NJ 07104 Housing Market

The typical home value in Newark's 07104 ZIP code is $503,656, down 1.6% over the past year. Homes here carry a median list price of $475,000, and the median time on market is 38 days.

Updated June 2026Median value$504K

The median home value in Newark, NJ 07104 is $504K as of June 2026, down 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07104 range

$463K to $544K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.6% over 12 months

Typical home value in 07104 over the last 12 months: $512K in Jun 2025 to $504K in Jun 2026 (-1.6%).

Jun 2025$512K

Jun 2026$504K

The numbers

What is the 07104 housing market like?

Typical home value

$504K

Down1.6%YoY

Median list price

$475K

Days on market

38

Down44.1%MoM

Homes for sale

33

Price cuts

3.6%

New listings

18

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 07104 home prices compare?

  • 07104$503,656
  • Newark$497,009
  • New Jersey$583,133
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Newark: 9 ZIPs; New Jersey: 547 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 33 homes for sale in 07104, with 18 new listings added recently. The median list price sits at $475,000, and homes typically spend 38 days on the market before going under contract. Only 3.6% of listings have taken a price cut. The typical home value of $503,656 is down 1.6% over the past year. For sellers, the market is steady but softening slightly, so pricing carefully from the start matters.

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