Home ValuePros

Market Intelligence · NJ / Newark

Newark, NJ 07104 Housing Market

The typical home in Newark's 07104 ZIP code is worth $497,649, down 0.7% over the past year. The median list price is $464,999, and homes spend a median of 53 days on the market.

Updated August 2026Median value$498K

The median home value in Newark, NJ 07104 is $498K as of August 2026, down 0.7% 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

$458K to $537K

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

-0.7% over 12 months

Typical home value in 07104 over the last 12 months: $501K in Aug 2025 to $498K in Aug 2026 (-0.7%).

Aug 2025$501K

Aug 2026$498K

The numbers

What is the 07104 housing market like?

Typical home value

$498K

Down0.7%YoY

Median list price

$465K

Down2.1%MoM

Days on market

53

Up43.2%MoM

Homes for sale

39

Down7.1%MoM

Price cuts

9.5%

Down19.4%MoM

New listings

16

Down11.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 07104 home prices compare?

  • 07104$497,649
  • Newark$496,598
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Newark: 9 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

There are 39 homes for sale in 07104 as of 2026-08-01, with 16 new listings hitting the market. The median list price sits at $464,999, while the typical home value is $497,649, down 0.7% over the past year. Homes take a median of 53 days to sell, and 9.5% of listings have taken a price cut. Inventory is modest and values have slipped slightly. For a seller, this means pricing right from the start matters more than testing the market.

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