$571,457Average Value$240Average Price per Sq Ft3Homes For Sale
Access, natural beauty, and a sense of growth
Against the scenic backdrop of the Passaic River, Newark has seen quite a bit of change since Puritan settlers first arrived. To this day, Newark – especially Downtown Newark – is still seeing change. “There have been some issues with crime in the past,” says Ami Cruz, real estate agent with eXp Realty and longtime resident of the area. “But that’s something that’s really changed recently, and continues to do so – and Newark has always been a convenient place to live.” Now home to Prudential Financials’ headquarters, federal agencies and many of the city’s main cultural venues, residents of the area enjoy an urban lifestyle.
Multicultural offerings in Downtown Newark
“It’s very much a center of business,” says Cruz. “But the downtown is within reach of a lot of cool restaurants and shopping centers too.” Halsey Street features a number of options, including Taino's Kitchen Downtown. Deluxe Diner is “one of the most well-known diners in the entire state,” says Cruz, and offers visitors an authentic old-school experience. Newark Local Beer serves up, as the name suggests, local brews from the Garden State. Whole Foods Market provides a convenient spot for picking up groceries, while Broad and Market streets – closer to Rutgers University – offer unique boutique shops. Nearby Ironbound is home to a variety of Portuguese restaurants such as Taste of Portugal and is also home to the town’s annual Portuguese Day festival. "There's a lot of people coming into Newark, and it's leading to a lot of new culture and a sort of renewed personality," says Cruz. "It's already changed a lot and I'm excited to see how it will be in a few years' time."
Taino's Kitchen in Downtown Newark serves authentic Puerto Rican cuisine.
Newark comes alive with Portuguese pride on Portugal Day!
Tribos Peri Peri Chicken in Downtown Newark serves halal meats and delicious vegetarian dishes.
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A variety of styles, old and new
While very urban in nature, Downtown Newark can still offer more space than neighboring New York City – and often, at a lower price. “The thing about Newark is that it’s always been pretty affordable,” says Cruz. “That is starting to change though – people are realizing how much they can get for the price, and prices are starting to climb as a result.” The neighborhood features many apartment complexes and office buildings, with single-family housing relatively sparse. What single-family housing is available typically comes in traditional styles, such as colonial. Multi-family homes are also found throughout the area. Single-family prices range from $250,000 to around $1 million, while condominiums and townhouses range from $225,000 to $565,000. The area earns a CAP Index crime score of 6 out of 10. The national average is 4. In recent years, crime rates have lowered thanks to increased patrols and community initiatives such as neighborhood watches.
A majority of homes in Downtown Newark, are multi-family home-styles.
A colonial home stands nestled between its neighbors on a residential street in Downtown Newark.
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Inside or outside, plenty of opportunity for fun
Downtown Newark’s abundance of cultural and artistic venues makes for a lively neighborhood. Wedged between downtown’s tall buildings, Military Park’s triangular-shaped field features a massive war memorial and provides space for residents to play sports. Locals can enjoy The Newark Museum of Art’s diverse displays or catch a show at the New Jersey Performing Arts Center, which hosts everything from concerts to comedy shows. Sports fans can watch the New Jersey Devils play hockey at the nearby Prudential Center. Those looking to explore the historic side of Newark can do so on Market Street, home to a number of famous buildings - some of which have been featured in Hollywood films.
The Iron Man, a giant hockey player sculpture, honors Newark's sports culture.
The New Jersey Performing Arts Center in Downtown Newark hosts diverse events all year long.
Newark comes alive with Portuguese pride on Portugal Day!
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Get around easily
Located about 10 miles from the heart of Jersey City and about 15 miles from Lower Manhattan, the neighborhood’s location and access to major highways such as Interstate 287 and Garden State Parkway make commuting straightforward. Newark Penn Station is located within the neighborhood itself, allowing travelers to reach Downtown New York within 20 minutes on the PATH train. The area is also home to several bus stops throughout. “There’s really no shortage of public transportation,” says Cruz. “It’s a great spot for commuting up to New York, and it’s getting more and more popular for just that reason.”
Modern classrooms and cutting edge tech at Central High
Downtown Newark offers a diverse range of schools and includes a number of charter schools. In terms of standard public options, students can begin at Oliver Street School – which serves prekindergarten through eighth grade and earns a C from Niche. Central High School earns a C-plus and features state-of-the-art lab equipment and modern classrooms that support its STEM program.
Oliver Street School provides a warm and welcoming environment for all students.
Central High School prepares students for a successful future.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Newark neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Newark
US
Homicide
8
4
Sexual Assault
10
4
Assault with Weapon
9
4
Robbery
7
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
7
4
Crime Score
8
4
Source: WhatIsMyCrimeRisk.com
Downtown Newark Demographics and Home Trends
On average, homes in Downtown Newark, Newark sell after 50 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Newark, Newark over the last 12 months is $327,500, down 2% from the median home sale price over the previous 12 months.
Completely renovated and move-in ready, this 3-bedroom, 2.5-bath home, sold as is, offers the rare combination of modern finishes, 1716 sqr ft including a 2-car garage, a laundry room, and no HOA. Recently appraised above the current list price, it delivers exceptional value in one of Newark's most connected locations. Enjoy an effortless commute to New York City (under 30 Min) with Newark Penn
Welcome to the Renaissance Towers this is a fully renovated two-bed, one-bath unit. Start your mornings with direct, unobstructed sunrises framed perfectly between Gateway Center and Iconiq 777. The interior is designed for effortless living, featuring a modern quartz and stainless kitchen, in-unit laundry and a thoughtfully updated bathroom designed to simplify daily cleaning and long-term
Welcome to Renaissance Tower where city life is calling! Prime location in the heart of downtown Newark at the corner of Mulberry and Market St. This updated unit features one large bedroom with a smaller bonus home office/second bedroom. Fall in love with the modern layout with an open-concept kitchen/dining/living room, in unit laundry and lots of storage. The secure building amenities include
Available immediately, Well maintained, new hardwood flooring, new painting,2 Br 3rd floor condo with access by elevators . Club House.Car Valet Parking. Gym Facilities at no extra cost.across the street to enter for Newark Penn Station. Located next to Prudential Arena. Large corner Condo 1038sqft. Must have good credit. NO pets. Brand new refrigerator and washer/dryer. You MUST call Listing
PARQ930 isn’t just on Newark’s waterfront, it is Newark’s waterfront. This is where the tranquil rhythm of the Passaic meets the electric pulse of a city on the tipping point of its most extraordinary moment. And our 25-story oasis is the only place where you don’t just witness Newark’s finest hour—you make it happen. Where 30,000 square feet of amenities feels like a club—spaces to gather,
Schedule a virtual or in-person presentation with us today to experience a world of simple elegance and timeless design. The residences at Walker House are a cultivated blend of sophistication and serenity offering spacious studio, 1, 2, and 3-bedroom layouts built to inspire and delight. Expansive windows, designer kitchens, custom appointments and an unsurpassed attention to the creature
Experience Elevated Urban Living at Newark's Newest Luxury Mid-Rise. Welcome to The Mercer: a refined blend of industrial chic & modern comfort in the heart of Newark, NJ. This luxury mid-rise community redefines city living with spacious layouts, soaring ceilings, & striking exposed concrete accents that create an unmistakably upscale, urban aesthetic. Each beautifully designed residence
A symbol of Newark downtown revival, One Theater Square is a brand-new, 22-story tower with sweeping city views and a dynamic location. Each spacious, one-, two-, and three-bedroom apartment features must-have details like soaring ceilings, over-sized windows and hardwood floors. Amenities include 24-hour concierge services, a beautiful demonstration kitchen with fireplace and an outdoor terrace
Welcome to 289 Halsey St., Less then 1 mile to Newark Penn Station. Less then 1 mile from Rutgers, Prudential and Audible. Newark’s newest rental community offering modern living in the heart of the city. These stylish residences feature contemporary finishes, spacious layouts, and easy access to dining, shopping, and transportation. Experience comfort, convenience, and vibrant urban living in a
LIMITED TIME OFFER: 1 MONTH FREE on a 13-month lease or 2 MONTHS FREE on a 26-month lease. Restrictions may apply, contact us today for more details.View our virtual tour here: youtu.be/0WuGXYbrMLMClinton Flats is located respectively at two buildings, 30 and 40 Clinton Street, Newark NJ. 30 Clinton was built in 1919 and has recently been fully modernized to offer tenants the best
Teachers Village Hartford residences are unlike anything today. Every apartment enjoys thoughtful layouts and abundant light and air. In many of the units, views from Bushnell Park, transforming your living room into a virtual park. Combine this with details like light-filled living spaces, beautiful flooring, stainless steel appliances and ceiling heights that are over 9 feet, and you have homes
Hahne & Co embodies the historic design of the iconic upscale department store reestablished through brand new apartment homes and curated retail. In keeping with tradition of the department store's innovation in the 20th century, the Hahne & Co community will continue to be a place of commerce, arts, and culture.
$2,595 per month
Gorgeous Views From Furnished Studio in Luxury Building
810 Broad St. Luxury apartment allows you to prioritize what really matters and let us worry about the rest! In your Luxury Studio you will enjoy an all inclusive Amenity Package that gives you high-speed wi-fi, electric, cooling, and heating all wrapped into one monthly charge. If that wasn't enough, your apartment unit comes fully furnished, outfitted with transforming Italian furniture to
Property Id: 2456759Brand new development 110 studios, 1 & 2 bedroom apartments. Located 2 blocks from Newark-Penn station. Amazing fitness and yoga gym, tenant lounge.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
