Market Intelligence · NJ / Newark

Newark, NJ 07112 Housing Market

The typical home in Newark, NJ 07112 is worth $496,598, up 1.4% over the past year. The median list price is $459,900, and homes are spending a median of 59 days on market. As of 2026-08-01, there are 21 homes for sale.

Updated August 2026Median value$497K

The median home value in Newark, NJ 07112 is $497K as of August 2026, up 1.4% 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 07112 range

$457K to $536K

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

+1.4% over 12 months

Typical home value in 07112 over the last 12 months: $490K in Aug 2025 to $497K in Aug 2026 (+1.4%).

Aug 2025$490K

Aug 2026$497K

The numbers

What is the 07112 housing market like?

Typical home value

$497K

Up1.4%YoY

Median list price

$460K

Flat0.0%MoM

Days on market

59

Up63.9%MoM

Homes for sale

21

Flat0.0%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

8

Down33.3%MoM

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

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The comparison

How do 07112 home prices compare?

  • 07112$496,598
  • 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

The 07112 market in Newark is moving at a steady pace. The typical home value is $496,598, up 1.4% over the past year, which shows modest appreciation rather than rapid gains. The median list price of $459,900 sits below that typical value, and homes are taking a median of 59 days on market to sell. Only 8 new listings came on as of 2026-08-01, and 0.0% of active listings have taken a price cut, so sellers are holding their asking prices. For a homeowner thinking about selling, prices are firm but buyers are taking their time, so expect patience to matter more than speed.

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