Multi-family
84 Union St · Newark, NJ
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $526 – $976
Heat risk 7/10 · Major
- Hot days now (above 100°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +19.3/30.0
- ARV discount +7.5/15.0
- DSCR +6.1/10.0
- 1% rule +5.1/10.0
- Condition / age +4.0/5.0
- Livability +3.4/5.0
- Rent growth +3.1/5.0
- Appreciation +2.7/10.0
- Schools +1.4/10.0
$475,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Just in Time for the WORLD CUP! Right in the heart of Ironbound - 15 min from METlife, where everything you want is already happening. Step inside this End unit and it just feels easy. Sunlight pours through sliding doors, opening up to not one, but two private balconies where you can enjoy that morning brew with a view. The main level flows the way it should living, dining, kitchen all connected, plus a powder room right where you need it. It's the kind of space where people gather without trying too hard. Laundry is right where it belongs, tucked in and not in your way. Upstairs, life slows down a bit. Two comfortable bedrooms, a full bath, and then your primary suite private, quiet, with its own balcony to step out and reset. And then there's the surprise. A finished attic bonus space. Rare for this community. Office, storage, creative space you decide. Big-ticket items are handled. Roof just 4 years young. Newer Utilities. Less to think about, more to enjoy. Outside your door, everything is within reach. Penn Station for an easy NYC commute. NJPAC, Prudential Center, restaurants, bakeries, cafes, shops. . the kind of neighborhood where you can just go. or take a flight from EWR which is 10 min away. It's in Gated community with assigned parking plus visitor spots. A total gem! This isn't just a home. It's a lifestyle that actually works. Clean, connected, and ready when you are. Seller is offering Seller Concession towards closing costs or Buyer Buy Down Rate!!!
Key facts
- Gated community
- Easy nyc commute
- Assigned parking
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath multifamily listed at $475k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $521 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $475k).
- Recommended offer: $446k (6.0% below list) — sets the bar for market timing.
- Cap rate 7.6% vs local median 3.0% in Newark — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 67/100 on livability (#343 in NJ) — a middle-class / working-renter tenant base. Strengths: commute A+, amenities A-; Watch: schools D+, housing D+, crime F.
- Newark Public School District (urban): math 9% / reading 26% proficiency, ranked #452 of 472 in NJ (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+2.5%/yr); 35 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,364 units permitted in Essex County in 2024 (2,551 in 5+ unit buildings).
- At $4,815/mo this rent would consume 97% of the median local household income ($60k/yr) (locally 4334% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
- Essex County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 68 days — a 6% lower offer ($446k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $199k; list at $475k implies a 139% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.01% ✓
- Cap rate
- 7.61%
- Cash-on-cash
- 4.70%
- DSCR
- 1.21
- GRM
- 8.2
CMA / ARV
No comps found within radius.
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 87 Mcwhorter St | 0.14mi | 3/2.0 | — | 4mo | $670,000 | — | 76 |
| 69 New York Ave | 0.26mi | 4/3.0 (+1) | — | 7mo | $710,000 | — | 62 |
| 62 Nichols St | 0.39mi | 3/3.0 | — | 11mo | $619,000 | — | 58 |
| 70 New York Ave | 0.29mi | 4/2.0 (+1) | — | 21mo | $645,000 | — | 49 |
| 108 Nichols St | 0.44mi | 4/3.0 (+1) | — | 13mo | $667,000 | — | 49 |
| 115 Polk St | 0.43mi | 4/2.0 (+1) | — | 18mo | $580,000 | — | 46 |
| 224 Chestnut St | 0.48mi | 4/2.0 (+1) | — | 18mo | $650,000 | — | 43 |
| 109 Warwick St | 0.41mi | 4/4.0 (+1) | — | 18mo | $665,000 | — | 43 |
| 147 Tichenor St | 0.68mi | 4/4.0 (+1) | — | 12mo | $610,000 | — | 35 |
| 243 Adams St | 0.45mi | 4/5.0 (+1) | — | 24mo | $580,000 | — | 32 |
| 89 Napoleon St | 0.75mi | 3/3.0 | — | 23mo | $400,000 | — | 32 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 2.46% rent growth · sell at horizon
- IRR
- -9.6%
- Equity multiple
- 0.65×
- Total profit
- $-46,302
- Equity at exit
- $70,824
- IRR
- -0.9%
- Equity multiple
- 0.94×
- Total profit
- $-7,839
- Equity at exit
- $41,069
Cash invested: $133,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State New Jersey
- 21 Tenant-Leaning · D+6
- County
- — inherits STATE
- City Newark
- 0 Strongly Tenant-Friendly · D+59
ZIP-level market 07105
- Home prices YoY
- -1.5%
- Rents YoY
- 2.5%
- Active inventory
- 35
- Price-to-rent
- 16.4×
Monthly cashflow live
- Estimated rent
- $4,815 high interval (Pro) →
- Mortgage (P&I)
- −$2,491
- Tax est. 1.5%
- −$594 /mo · $7,125/yr
- Insurance
- −$198
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,011
- Net cashflow
- $521
Break-even live
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $4,816 |
| #1 | 2 | 1 | $2,408 |
| #2 | 2 | 1 | $2,408 |
| Total (2 units) | $4,815 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $118,750
- Closing costs
- $14,250
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 80 Union St Unit A15 Newark, NJ | 2.0 | 2.5 | — | $2,800 | — | 12d | 1 | 0.01mi |
| 80 Union St Unit A15 Newark, NJ | 2.0 | 2.5 | — | $2,900 | — | 24d | 1 | 0.01mi |
| 55 Union St Newark, NJ | 2.0 | 1.0–2.0 | 852 | $3,899 | $4.57 | 3d | 14 | 0.05mi |
| 73 Ferry St Unit 2 Newark, NJ | 2.0 | 1.0 | 980 | $2,200 | $2.24 | 24d | 1 | 0.10mi |
| 46 Ferry St Unit 3F Newark, NJ | 2.0 | 1.0 | — | $2,300 | — | 24d | 1 | 0.12mi |
| 46 Ferry St Unit 3R Newark, NJ | 2.0 | 1.0 | — | $2,200 | — | 24d | 1 | 0.12mi |
| 115 Ferry St Unit 3A Newark, NJ | 2.0 | 2.0 | — | $2,500 | — | 24d | 1 | 0.19mi |
| 136 Elm St Unit 303 Newark, NJ | 3.0 | 1.0 | — | $2,499 | — | 24d | 1 | 0.20mi |
| 217 Walnut St Unit 2 Newark, NJ | 3.0 | 2.0 | — | $2,600 | — | 7d | 1 | 0.23mi |
| 58-60 Elm St Unit 601 Newark, NJ | 2.0 | 1.0 | — | $2,650 | — | 24d | 1 | 0.28mi |
| 49 Downing St Unit 2 Newark, NJ | 2.0 | 1.0 | — | $1,500 | — | 24d | 1 | 0.33mi |
| 486 Market St Unit 503 Newark, NJ | 2.0 | 2.0 | 485 | $2,400 | $4.95 | 24d | 1 | 0.33mi |
| 502 Market St Unit 2A Newark, NJ | 2.0 | 1.0 | — | $2,899 | — | 24d | 1 | 0.38mi |
| 502 Market St Unit 5A Newark, NJ | 2.0 | 1.0 | 776 | $3,050 | $3.93 | 24d | 1 | 0.38mi |
| 5 Elm St Unit 3 Newark, NJ | 2.0 | 1.0 | — | $1,900 | — | 10d | 1 | 0.39mi |
| 84 Walnut St Unit 303 Newark, NJ | 2.0 | 1.0 | — | $2,300 | — | 24d | 1 | 0.39mi |
| 22 Nichols St Newark, NJ | 2.0 | 1.0 | — | $2,250 | — | 24d | 1 | 0.39mi |
| 111 Mulberry St Unit 7th Floor Newark, NJ | 2.0 | 1.0 | 1000 | $2,500 | $2.50 | 24d | 1 | 0.42mi |
| 345 Walnut St Unit 1R Newark, NJ | 3.0 | 2.0 | 1250 | $2,600 | $2.08 | 7d | 1 | 0.43mi |
| 345 Walnut St Unit 3R Newark, NJ | 4.0 | 2.0 | 1350 | $2,900 | $2.15 | 7d | 1 | 0.43mi |
| 111 Mulberry St Unit 3P Newark, NJ | 2.0 | 1.0 | — | $2,450 | — | 24d | 1 | 0.44mi |
| 92-94 Pacific St Unit 1st Floor Newark, NJ | 3.0 | 1.0 | 900 | $2,200 | $2.44 | 24d | 1 | 0.45mi |
| 92 Pacific St Newark, NJ | 3.0 | 1.0 | 1200 | $2,300 | $1.92 | 24d | 1 | 0.45mi |
| 96 Nichols St Unit 2 Newark, NJ | 4.0 | 1.0 | 1000 | $2,700 | $2.70 | 6d | 1 | 0.46mi |
| 96 Nichols St Newark, NJ | 4.0 | 1.0 | — | $2,900 | — | 15d | 1 | 0.46mi |
| 198 Van Buren St Unit 2 Newark, NJ | 3.0 | 2.0 | — | $2,700 | — | 24d | 1 | 0.47mi |
| 100 Polk St Newark, NJ | 2.0 | 2.0 | — | $2,700 | — | 1d | 1 | 0.48mi |
| 11 Clinton St Newark, NJ | 1.0–2.0 | 1.0 | 874 | $2,500 | $2.86 | 1d | 9 | 0.50mi |
| 10 Commerce Ct Newark, NJ | 1.0–2.0 | 1.0 | 750 | $2,957 | $3.94 | 6d | 48 | 0.51mi |
| 261 New York Ave Apt 1 Newark, NJ | 2.0 | 1.0 | — | $2,200 | — | 24d | 1 | 0.51mi |
| 14 Merchant St Newark, NJ | 2.0 | 2.0 | 904 | $2,650 | $2.93 | 17d | 1 | 0.52mi |
| 385 Lafayette St Unit 2 Newark, NJ | 3.0 | 2.0 | — | $2,500 | — | 24d | 1 | 0.54mi |
| 42-50 Vesey St Newark, NJ | 1.0–2.0 | 1.0–2.0 | 966 | $3,195 | $3.31 | 1d | 5 | 0.56mi |
| 41-51 Wilson Ave Newark, NJ | 2.0 | 1.0 | — | $2,700 | — | 24d | 1 | 0.59mi |
| 55 Ferguson St Unit 2 Newark, NJ | 3.0 | 2.0 | 1113 | $2,900 | $2.61 | 24d | 1 | 0.60mi |
| 1 Harrison Ave East Newark, NJ | 1.0–2.0 | 1.0–2.0 | 1047 | $3,610 | $3.45 | 3d | 15 | 0.60mi |
| 2 Center St Newark, NJ | 2.0 | 1.0–2.0 | 903 | $4,051 | $4.48 | 1d | 11 | 0.62mi |
| 38 Delancy St Unit 3 Newark, NJ | 2.0 | 1.5 | — | $2,400 | — | 24d | 1 | 0.63mi |
| 88 Pulaski St Unit 10 Newark, NJ | 2.0 | 1.0 | 900 | $1,795 | $1.99 | 24d | 1 | 0.63mi |
| 88 Pulaski St Unit 10 Newark, NJ | 2.0 | 1.0 | 998 | $1,794 | $1.80 | 19d | 1 | 0.63mi |
Listing history 21 events
-
2026-06-18days on market $475,000 Active 68 DOM
-
2026-06-17days on market $475,000 Active 67 DOM
-
2026-06-16days on market $475,000 Active 66 DOM
-
2026-06-15days on market $475,000 Active 65 DOM
-
2026-06-13days on market $475,000 Active 63 DOM
-
2026-06-13days on market $475,000 Active 62 DOM
-
2026-06-09days on market $475,000 Active 59 DOM
-
2026-06-08days on market $475,000 Active 58 DOM
-
2026-06-07days on market $475,000 Active 57 DOM
-
2026-06-04days on market $475,000 Active 54 DOM
-
2026-06-03days on market $475,000 Active 53 DOM
-
2026-06-02days on market $475,000 Active 52 DOM
-
2026-06-01days on market $475,000 Active 51 DOM
-
2026-05-31days on market $475,000 Active 50 DOM
-
2026-05-12price $475,000 1490-char remark
Show marketing remark (1490 chars)
Just in Time for the WORLD CUP! Right in the heart of Ironbound - 15 min from METlife, where everything you want is already happening. Step inside this End unit and it just feels easy. Sunlight pours through sliding doors, opening up to not one, but two private balconies where you can enjoy that morning brew with a view. The main level flows the way it should living, dining, kitchen all connected, plus a powder room right where you need it. It's the kind of space where people gather without trying too hard. Laundry is right where it belongs, tucked in and not in your way. Upstairs, life slows down a bit. Two comfortable bedrooms, a full bath, and then your primary suite private, quiet, with its own balcony to step out and reset. And then there's the surprise. A finished attic bonus space. Rare for this community. Office, storage, creative space you decide. Big-ticket items are handled. Roof just 4 years young. Newer Utilities. Less to think about, more to enjoy. Outside your door, everything is within reach. Penn Station for an easy NYC commute. NJPAC, Prudential Center, restaurants, bakeries, cafes, shops. . the kind of neighborhood where you can just go. or take a flight from EWR which is 10 min away. It's in Gated community with assigned parking plus visitor spots. A total gem! This isn't just a home. It's a lifestyle that actually works. Clean, connected, and ready when you are. Seller is offering Seller Concession towards closing costs or Buyer Buy Down Rate!!!
-
2026-05-09price $479,000 1490-char remark
Show marketing remark (1490 chars)
Just in Time for the WORLD CUP! Right in the heart of Ironbound - 15 min from METlife, where everything you want is already happening. Step inside this End unit and it just feels easy. Sunlight pours through sliding doors, opening up to not one, but two private balconies where you can enjoy that morning brew with a view. The main level flows the way it should living, dining, kitchen all connected, plus a powder room right where you need it. It's the kind of space where people gather without trying too hard. Laundry is right where it belongs, tucked in and not in your way. Upstairs, life slows down a bit. Two comfortable bedrooms, a full bath, and then your primary suite private, quiet, with its own balcony to step out and reset. And then there's the surprise. A finished attic bonus space. Rare for this community. Office, storage, creative space you decide. Big-ticket items are handled. Roof just 4 years young. Newer Utilities. Less to think about, more to enjoy. Outside your door, everything is within reach. Penn Station for an easy NYC commute. NJPAC, Prudential Center, restaurants, bakeries, cafes, shops. . the kind of neighborhood where you can just go. or take a flight from EWR which is 10 min away. It's in Gated community with assigned parking plus visitor spots. A total gem! This isn't just a home. It's a lifestyle that actually works. Clean, connected, and ready when you are. Seller is offering Seller Concession towards closing costs or Buyer Buy Down Rate!!!
-
2026-04-11$495,000 Active 1490-char remark
Show marketing remark (1490 chars)
Just in Time for the WORLD CUP! Right in the heart of Ironbound - 15 min from METlife, where everything you want is already happening. Step inside this End unit and it just feels easy. Sunlight pours through sliding doors, opening up to not one, but two private balconies where you can enjoy that morning brew with a view. The main level flows the way it should living, dining, kitchen all connected, plus a powder room right where you need it. It's the kind of space where people gather without trying too hard. Laundry is right where it belongs, tucked in and not in your way. Upstairs, life slows down a bit. Two comfortable bedrooms, a full bath, and then your primary suite private, quiet, with its own balcony to step out and reset. And then there's the surprise. A finished attic bonus space. Rare for this community. Office, storage, creative space you decide. Big-ticket items are handled. Roof just 4 years young. Newer Utilities. Less to think about, more to enjoy. Outside your door, everything is within reach. Penn Station for an easy NYC commute. NJPAC, Prudential Center, restaurants, bakeries, cafes, shops. . the kind of neighborhood where you can just go. or take a flight from EWR which is 10 min away. It's in Gated community with assigned parking plus visitor spots. A total gem! This isn't just a home. It's a lifestyle that actually works. Clean, connected, and ready when you are. Seller is offering Seller Concession towards closing costs or Buyer Buy Down Rate!!!
-
2024-07-31historical
-
2024-03-04price $484,000
-
2024-02-06$499,000 Active
-
2012-02-03soldstatus $199,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $57,780
- − Mortgage interest
- −$26,607
- − Property taxes
- −$7,125
- − Insurance
- −$2,375
- − Repairs & maintenance
- −$4,622
- − Management
- −$4,622
- − Depreciation
- −$13,818
- Taxable loss
- −$1,390
- Est. tax savings @ 24.0%
- +$334
- After-tax cash flow
- $6,588/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This end-unit apartment is in excellent condition with modern amenities and a great location. It's move-in ready and can be further enhanced with some exterior painting and landscaping to boost its value.
Value-add opportunities
- Both Painting the exterior — Enhances curb appeal and can increase both resale and rental value.
- Both Landscaping the front yard — Improves curb appeal and can increase both resale and rental value.
- Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and renters.
- Both Adding smart home features — Enhances convenience and can increase both resale and rental value.
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior — Enhances curb appeal and can increase both resale and rental value. ↑
- Both Landscaping the front yard — Improves curb appeal and can increase both resale and rental value. ↑
- Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and renters. ↑
- Both Adding smart home features — Enhances convenience and can increase both resale and rental value. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Newark Public School District
- NCES district ID
- 3411340
- Math proficiency
- 9% ▼ -17.00%
- Reading proficiency
- 26% ▼ -10.00%
- Median HH income
- $33,891
- Composite
- 14.24/100
- National rank
- #9449
- State rank
- #452 of 472 in NJ
Livability — Newark
- Score
- 67/100
- State rank
- #343
- US rank
- #11138
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Newark, NJ
- County
- Essex County · 825,405 people
- City population
- 310,602
- Metro
- New York-Newark-Jersey City, NY-NJ-PA
- Population (ZIP)
- 57,093
- Household income
- $59,847
- Rent vs Own
- Severe rent burden
- 4334.0
Population outlook (Essex County) Hauer SSP2
- Today (2025)
- 825,042 people
- By 2030
- 834,010 · +1.1%
- By 2040
- 846,221 · +2.6%
- By 2050
- 850,047 · +3.0%
- By 2075
- 837,009 · +1.5%
- By 2100
- 784,345 · -4.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.68)
- Race & ethnicity
- Hispanic / Latino 49% White 27% Two or more races 18% Black 7% Native American 2%
- Hispanic origin (detail)
- Mexican 4% Puerto Rican 3% Dominican 2%
- Common ancestry
- Estonian 24% Russian 12% Romanian 1%
- Foreign-born
- 64% · Canada, Jamaica
- Languages at home
- 16% English-only · Spanish 45% Other Indo-European 38% Arabic 1%
Political lean MEDSL · Essex
- 2024 margin
- Solid D (+44.9) · D 71.7% · R 26.8% · Other 1.5%
- 2008→2024 swing
- -7.7pp toward R · 2008: 52.6pp · 2024: 44.9pp
- All cycles
- 2024: D+44.9 2020: D+55.4 2016: D+56.4 2012: D+55.5 2008: D+52.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -4.54%
- Current HPI
- 300.9357
- Rent YoY
- ▲ 2.46%
- Metro
- New York-Newark-Jersey City, NY-NJ-PA
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in NJ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 3 | $31B |
|
||
| Pharmaceuticals | 2 | $153B |
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| Technology | 2 | $21B |
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| Insurance | 2 | $20B |
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| Healthcare | 2 | $19B |
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| Financial Services | 1 | $70B |
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Price history
+138.7% since first listed7 events — show timeline
- 2026-05-12 Price Changed $475,000 NJMLS
- 2026-05-09 Price Changed $479,000 NJMLS
- 2026-04-11 Listed $495,000 NJMLS
- 2024-07-31 Delisted — NJMLS
- 2024-03-04 Price Changed $484,000 NJMLS
- 2024-02-06 Listed $499,000 NJMLS
- 2012-02-03 Sold (MLS) $199,000 GSMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…