Why Live in Springfield-Belmont
Springfield-Belmont, located in Newark's Central Ward, is a small residential neighborhood known for its strong community feel and varied grand architecture, particularly along Martin Luther King Boulevard. This area features historic buildings such as the art deco Arts High School, the Cathedral of St. James AME Church, and the Victorian-style Krueger-Scott Mansion. The neighborhood is less than 20 miles from Midtown Manhattan, providing convenient access to New York City. Housing options include 21st-century townhomes, apartments, and older multifamily rowhomes, with a notable presence of townhomes and condos. Proximity to University Hospital makes it a popular choice for medical professionals. Springfield-Belmont is also one of the more affordable neighborhoods in Newark.
For education, Arts High School, the nation's first public arts high school, offers programs in drama, dance, visual art, and music. Other schools include American History High and Central High School, with private options like St. Benedict's Preparatory and St. James Preparatory nearby.
Things to do in Springfield-Belmont include visiting Nat Turner Park, Newark's largest city-owned park, and enjoying recreational facilities like the Hayes Park West Recreation Center and Jesse Allen Park. Local amenities include a ShopRite, Dollar Tree, and various fast-food chains, while dining options feature King Fish Market and Vonda's Kitchen. Cultural attractions such as The Newark Museum of Art and the New Jersey Performing Arts Center are also nearby. Community resources include the John F. Kennedy Recreation Center and the New Community Recreation Center, which offer various programs and services for residents. The Newark Public Library's Springfield branch provides additional community activities and resources.
Home Trends in Springfield-Belmont, NJ
On average, homes in Springfield-Belmont, Newark sell after 38 days on the market compared to the national average of 51 days. The median sale price for homes in Springfield-Belmont, Newark over the last 12 months is $349,000, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$349,000
Median Single Family Sale Price
$380,000
Median Townhouse Sale Price
$389,000
Median 2 Bedroom Sale Price
$340,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
5
Last 12 months Home Sales
25
Median List Price
$349,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%