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Downtown Newark Homes for Sale

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    $499,000

    • 3 Beds
    • 2.5 Baths

    16 E Kinney St, Newark, NJ 07102

    Welcome to this beautifully renovated, move-in ready 3-bed, 2.5-bath townhouse in the heart of Newark's Central Business District / Downtown an ideal blend of urban living and modern comfort with no HOA fees. Situated on a quiet street, this home offers privacy while being close to the city's dining, parks, and cultural destinations. The first level features a bedroom with flexible use for guests

    Meilyn Torres REALTY OF AMERICA

    16 E Kinney St, Newark, NJ 07102
  • /16

    $295,000

    • 2 Beds
    • 1 Bath

    111 Mulberry St Unit 6J, Newark, NJ 07102

    Experience downtown living at Newark Renaissance Towers! This 2-bedroom condo boasts an in-unit washer/dryer , open kitchen and ample closet space. Residents enjoy 24-hour concierge service, a 24-hour on-site fitness center, as well as off street parking (additional fee). Prime downtown location just steps from Newark Penn Station including Path, Amtrak, New Jersey Transit trains, Light Rail,

    MAATIE ALCINDOR Elite Realtors of New Jersey

    111 Mulberry St Unit 6J, Newark, NJ 07102

Why Live in Downtown Newark

Downtown Newark, set against the Passaic River, is a dynamic neighborhood experiencing significant transformation. Known for its urban lifestyle, it houses Prudential Financial’s headquarters, federal agencies and key cultural venues. The area boasts a variety of dining options, including the popular Fernandes Steakhouse and the iconic Tops Diner. Whole Foods Market and boutique shops along Broad and Market streets cater to residents' shopping needs. Downtown Newark provides more space compared to New York City, with housing styles ranging from condominiums to homes in Colonial Revival, Cape Cod, and modern contemporary styles. Cultural and artistic venues such as Military Park, The Newark Museum of Art and the New Jersey Performing Arts Center contribute to the lively atmosphere. Sports fans can catch New Jersey Devils games at the Prudential Center. Commuting is convenient with major highways like Interstate 287 and Garden State Parkway, numerous bus stops and a train station. The area offers a range of schools, including several charter schools. There are also public options like Oliver Street School and Central High School.

Frequently Asked Questions

Is Downtown Newark a good place to live?
Downtown Newark is a good place to live. Downtown Newark is considered very walkable and very bikeable with excellent transit options. Downtown Newark is an urban core neighborhood. Downtown Newark has 27 parks for recreational activities. It is sparse in population with 0.8 people per acre and a median age of 37. The average household income is $74,079 which is below the national average. College graduates make up 42.7% of residents. A majority of residents in Downtown Newark are renters, with 95.9% of residents renting and 4.1% of residents owning their home. A local real estate agent serving Downtown Newark can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Newark neighborhood guide.
Is Downtown Newark, NJ a safe neighborhood?
Downtown Newark, NJ is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Downtown Newark?
The median home price in Downtown Newark is $340,000. If you put a 20% down payment of $68,000 and had a 30-year fixed mortgage with an interest rate of 6.01%, your estimated principal and interest payment would be $1,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Downtown Newark. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Newark is $74K.
What are the best public schools in Downtown Newark?
The best public schools that serve Downtown Newark are:
  • Technology High School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 3.8.
  • Central High School has a B- Niche grade, a student teacher ratio of 11:1 and an average review score of 4.0.
  • Oliver Street School has a C+ Niche grade, a student teacher ratio of 14:1 and an average review score of 3.0.
What are the best private schools in Downtown Newark?
The best private schools that serve Downtown Newark are:
What are the most popular zip codes in Downtown Newark, Newark, NJ?
The most popular zip codes in Downtown Newark, Newark, NJ include 07102, 07103, 07105, 07029 and 07104.
What are the most popular neighborhoods near Downtown Newark, Newark, NJ?
The most popular neighborhoods near Downtown Newark, Newark, NJ are University Heights, South Ironbound, Springfield-Belmont, South Broad Valley and North Ironbound.

Home Trends in Downtown Newark, NJ

Housing Trends

Median Sale Price
$330,000
Median Townhouse Sale Price
$485,000
Median 2 Bedroom Sale Price
$295,000
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$240
Number of Homes for Sale
2
Last 12 months Home Sales
10
Months of Supply
2.40
Median List Price
$340,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%
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