Market Intelligence · NJ / Newark

Newark, NJ 07107 Housing Market

In Newark's 07107 ZIP code, the typical home value is $515,253, down 3.5% over the past year. Homes here carry a median list price of $394,999, and listings sit for a median of 64 days on the market.

Updated June 2026Median value$515K

The median home value in Newark, NJ 07107 is $515K as of June 2026, down 3.5% 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 07107 range

$474K to $556K

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

-3.5% over 12 months

Typical home value in 07107 over the last 12 months: $534K in Jun 2025 to $515K in Jun 2026 (-3.5%).

Jun 2025$534K

Jun 2026$515K

The numbers

What is the 07107 housing market like?

Typical home value

$515K

Down3.5%YoY

Median list price

$395K

Days on market

64

Up11.3%MoM

Homes for sale

15

Price cuts

0.0%

New listings

0

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

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The comparison

How do 07107 home prices compare?

  • 07107$515,253
  • 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

The 07107 market shows 15 homes for sale as of June 1, 2026. The median list price is $394,999, while the typical home value stands at $515,253, down 3.5% over the past year. Homes take a median of 64 days to sell, and no new listings came onto the market in this snapshot. For a seller, the softer value trend and the pace of sales suggest patience and realistic pricing will matter.

Monthly payment

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20% · $103,051

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