07106 Home Values & Market Trends

There are 155 homes currently listed for 07106. 07106 real estate market trends show that home prices range from $240,000 to $904,900, and the median sales price in the 07106 zip code is $455,815.14. The total number of properties sold within the past twelve months is 201. In 07106, 135 properties are in foreclosure, 4 are bank owned properties,and 14 are headed for auction.

07106 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Newark

$ 424,848

$ 277/sqft

Housing Market Summary for 07106

Jun 2025June 2026Change
Median Listing Price$389.9K$465.7K19.41%
Median Sold Price$515.5K$465.7K-9.67%
Homes For Sale16149831.25%
Homes Sold148101-31.76%
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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%.

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Recently Sold Homes

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Browse Homes in 07106

The median list price of a home in Newark, is $455,815.14. A total of 155 properties are for sale, and the percentage of properties for sale in the zip code is 53.45%. The total count of 07106 properties is 4,783.

Foreclosure
There is 1 cities within 07106; within this cities, the median estimated home value for homes in foreclosure ranges from $931,882 in Newark to the lowest value of $150,000 in Newark. Foreclosure homes account for 2.00% of properties in 07106 with Newark containing 723 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.45% of all residential properties in 07106 with Newark containing 620 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07106; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 07106 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 07106. There is 1 cities within 07106; Newark containing 28 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Newark has 75 auction properties, the highest number of properties going to auction in a single city in the state of 07106. Auction homes and other auction properties account for 0.29% of all properties in 07106. There is 1 cities within 07106; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 3.24% of residential properties in 07106 with Newark containing 858 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07106; homes for sale in that cities, have a range of median values from $1,198,946 in Newark to the lowest value of $50,000 in Newark.
    Sold Homes
    The median value for recently sold homes ranges from $988,738 in Newark to the lowest price of $122,765 in Newark. There is 1 cities within 07106. Newark has 654 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.13% of properties in 07106.

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