Why Live in Forest Hill
Forest Hill in Newark offers a diverse range of housing options, from million-dollar homes to high-end rentals, reflecting the neighborhood's upscale yet varied character. Home styles include colonial, Tudor, Georgian, Craftsman, Italian Renaissance Revival, Neo-Classical, and Beaux Arts, many featuring Tiffany-style stained glass windows. The neighborhood is characterized by sidewalks, mature trees, and driveways, with some homes set back from the street and others close to the sidewalk. Branch Brook Park, a 360-acre rectangular strip, is a defining feature, hosting events like movie screenings, concerts, and a farmers market. It boasts the largest collection of cherry trees in America, showcased during the annual Cherry Blossom Festival. The Passaic River is nearby, with Kearny Riverside Park offering waterside strolls, a playground, and a dog park. Retail options surround Forest Hill, with Bloomfield Avenue featuring a variety of eateries, including South American cuisine and historic spots like Calandra’s Bakery. Larger amenities like Wells Fargo, CVS, Stop & Shop, Walgreens, and Aldi are easily accessible. Commuting to New York City is convenient via the Belleview Turnpike, taking about 40 minutes, or through nearby Newark Light Rail stops and New Jersey Transit buses.
Home Trends in Forest Hill, NJ
On average, homes in Forest Hill, Newark sell after 70 days on the market compared to the national average of 52 days. The median sale price for homes in Forest Hill, Newark over the last 12 months is $562,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$562,500
Median Single Family Sale Price
$627,500
Median Townhouse Sale Price
$448,500
Median 2 Bedroom Sale Price
$360,000
Median 1 Bedroom Sale Price
$237,500
Average Price Per Sq Ft
$467
Number of Homes for Sale
9
Last 12 months Home Sales
62
Median List Price
$550,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
