Real Estate Market Update for 07102 (Newark, NJ)
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Map Information for 07102 (Newark, NJ)
Area Information for 07102 (Newark, NJ)
  • Population: 12,691
  • Median Age: 35.46 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 10,806/sq mi
  • Population Change Since 2000: 4.39%
  • Closest Airport: Newark Liberty International
  • Closest College: Njit College Of Science-liberal Arts
  • Closest Jr. College: Essex County College
  • Median Household Income: $32,319
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $169,000
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 74.41%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07102 (Newark, NJ)
Median Age: 35.46 Married: 16% Number of Households: 4,819 Households with Children: 978
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07102 (Newark, NJ)

      School Name Distance Type Grades School Rating Parent Rating
      Discovery Charter School 0.1 mi Public 4-8 2 0
      Merit Preparatory Of Newark Charter School 0.1 mi Public 6-6 0 0
      Great Oaks Charter School 0.1 mi Public 6-8 3 3
      Newark Day Center 0.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Newark Educators Charter School 0.1 mi Public PRESCHOOL-4 0 0
      Gray Charter School 0.3 mi Public K-8 4 0
      St Mary School 0.4 mi Catholic K-8 0 0
      St. Benedict's Preparatory School 0.4 mi Catholic 7-12 0 0
      Arts High School 0.4 mi Public 7-12 2 3
      Newark Boys Chorus School 0.4 mi Private 4-8 0 0
      Newark Preparatory Charter School 0.6 mi Public 9-9 0 0
      North Star Academy Downtown Middle School 0.6 mi Public 5-8 4 0
      Paulo Freire Charter School 0.9 mi Public 9-9 0 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 07102 (Newark, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.