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Ironbound North Ironbound South Ironbound

NEWARK, NJ 07105

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07105

Ironbound · North Ironbound · South Ironbound

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEWARK, NJ real estate market (07105) currently shows 27 active listings, with 5 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 118 days on market compared to 77 days last year.

The median listing price has risen 11.8% year-over-year, from $376,249 to $420,500.

Whether you are buying or selling in NEWARK, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 56,696  ·  Density: 4,718.8/mi²  ·  Median household income: $51,927

Typical home value: $428,369  ·  Homeownership: 17.3%

Market Overview

Active Listings
27
⇧ 170% vs 10 last year
Pending
5
19% pending ratio
Median Price
$420,500
⇧ 11.8% vs $376,249 last year
Average Price
$446,373
⇧ 5.2% vs $424,187 last year
Days on Market
118
⇧ 53.2% vs 77 days last year

Price Per Square Foot

Median $/sqft
$285
⇩ 25% vs $380/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 10 last year
  • Days on market: 118 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $420,500 (+11.8% YoY)
  • Average: $446,373 (+5.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 568 listings ($290,396,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07105Newark, NJ 071050.0 mi29$13,057,279$399,000$450,251
07102Newark, NJ 071022.0 mi7$3,544,800$499,000$506,400
07032Kearny, NJ 070322.3 mi38$23,257,254$588,000$612,033
07108Newark, NJ 071083.2 mi25$11,987,750$419,999$479,510
07305Jersey City, NJ 073053.4 mi89$43,575,290$459,000$489,610
07306Jersey City, NJ 073063.7 mi108$63,549,576$569,000$588,422
07112Newark, NJ 071123.9 mi24$11,615,136$499,000$483,964
07002Bayonne, NJ 070024.0 mi71$37,725,424$529,450$531,344
07018East Orange, NJ 070184.7 mi31$13,392,930$387,000$432,030
07111Irvington, NJ 071114.9 mi60$24,805,800$436,500$413,430
07017East Orange, NJ 070174.9 mi48$20,209,680$440,000$421,035
07205Hillside, NJ 072055.1 mi23$13,709,909$550,000$596,083
07071Lyndhurst, NJ 070715.3 mi15$9,965,175$599,900$664,345

Frequently Asked Questions

How many homes are for sale in NEWARK, NJ 07105?

As of February 2026, there are 27 active listings in NEWARK, NJ (zip code 07105), compared to 10 the prior year.

What is the median home price in NEWARK, NJ 07105?

The median listing price in NEWARK, NJ 07105 is $420,500 as of February 2026, a 11.8% increase from $376,249 the prior year.

How long do homes stay on the market in NEWARK, NJ?

Homes in NEWARK, NJ 07105 spend an average of 118 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in NEWARK, NJ 07105?

Based on current inventory and days-on-market data as of February 2026, NEWARK, NJ 07105 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 118 days on market compared to 77 days last year.

How much can I save on real estate commission in NEWARK, NJ?

With SELL123.com's maximum 3% commission, sellers in NEWARK, NJ 07105 save an estimated $8,410 compared to a typical 5% commission on the median listing price of $420,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.