Unshakable ZIP Data 07114 | Newark, NJ Housing Market
Newark · Essex County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026
The median sale price in ZIP 07114, Newark, New Jersey is $519,846 at $268 per square foot. 4 single-family homes sold in the latest period, down 17.6 percent from a year earlier. Homes sit a median of 101 days on market with 15.9 months of supply. Sellers are getting 95.5 percent of list price and 50.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $496,772 | |
| Average price per sq ft | $256 | |
| Median sale price | $519,846 | |
| Median sale price per sq ft | $268 | |
| Median home size | 1,941 sq ft | |
| Median new listing price | $693,075 | +54.0% |
| National size rank | 7,882 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 4 | -17.6% |
| Median days on market | 101 days | |
| Months of supply | 15.9 months | |
| New listings | 14 | +18.4% |
| Active listings | 29 | -5.2% |
| Pending sales | 12 | +35.1% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 95.5% | -1.5 pts |
| Share sold above list | 50.0% | +50.0 pts |
These figures describe the single-family market for Newark, New Jersey ZIP 07114. They are market context, not a substitute for sold comps or a formal appraisal.