Housing market · ZIP 07107
Newark, NJ Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$512,442
3-month-1.6%
6-month-1.8%
12-month-2.8%
Touse 12-month forecast
-2.9%
Projected median near $497,639 over the next 12 months
As of April 2026, the median home value in Newark, NJ (ZIP 07107) is $512,442. Prices are falling, down 2.8% over the past year. Touse's model projects a -2.9% change over the next 12 months, putting the median near $497,639.
Nearby areas in Essex
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.