07103 Home Values & Market Trends
There are 187 homes currently listed for 07103. 07103 real estate market trends show that home prices range from $190,000 to $999,999, and the median sales price in the 07103 zip code is $411,485.93. The total number of properties sold within the past twelve months is 230. In 07103, 111 properties are in foreclosure, 3 are bank owned properties,and 13 are headed for auction.
07103 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 424,848 $ 277/sqft |
Housing Market Summary for 07103
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $317.5K | $426.2K | 34.23% |
| Median Sold Price | $466.6K | $426.2K | -8.67% |
| Homes For Sale | 16 | 177 | 1006.25% |
| Homes Sold | 139 | 80 | -42.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07103
Browse Homes in 07103
The median list price of a home in Newark, is $411,485.93. A total of 187 properties are for sale, and the percentage of properties for sale in the zip code is 62.75%. The total count of 07103 properties is 3,636.
- Pre-ForeclosurePre-foreclosure homes account for 2.61% of all residential properties in 07103 with Newark containing 620 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07103; of that cities, the estimated home value for pre-foreclosure homes ranges from $931,882 in Newark to the lowest home value of $150,000 in Newark.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07103 ranges from the highest value of $841,194 in Newark to the lowest value of $267,315 in Newark. Bank owned homes and properties account for 0.08% of properties in 07103. There is 1 cities within 07103; Newark containing 28 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsNewark has 75 auction properties, the highest number of properties going to auction in a single city in the state of 07103. Auction homes and other auction properties account for 0.36% of all properties in 07103. There is 1 cities within 07103; of that cities, the median estimated home value for homes going to auction ranges from $744,806 in Newark to the lowest value of $199,999 in Newark.