07106 Home Values & Market Trends

There are 157 homes currently listed for 07106. 07106 real estate market trends show that home prices range from $240,000 to $889,900, and the median sales price in the 07106 zip code is $472,074.74. The total number of properties sold within the past twelve months is 206. In 07106, 136 properties are in foreclosure, 1 are bank owned properties,and 15 are headed for auction.

07106 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Newark

$ 423,243

$ 271/sqft

Housing Market Summary for 07106

Jul 2025July 2026Change
Median Listing Price$420K$475K13.10%
Median Sold Price$541.1K$475K-12.22%
Homes For Sale8515784.71%
Homes Sold135103-23.70%
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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 $472,074.74. A total of 157 properties are for sale, and the percentage of properties for sale in the zip code is 53.58%. 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 $902,316 in Newark to the lowest value of $150,000 in Newark. Foreclosure homes account for 2.00% of properties in 07106 with Newark containing 722 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.51% of all residential properties in 07106 with Newark containing 637 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 $902,316 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 $677,721 in Newark to the lowest value of $268,215 in Newark. Bank owned homes and properties account for 0.02% of properties in 07106. There is 1 cities within 07106; Newark containing 10 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 0.31% 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 $823,158 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 3.28% of residential properties in 07106 with Newark containing 892 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 $1,197,382 in Newark to the lowest value of $50,000 in Newark.
    Sold Homes
    The median value for recently sold homes ranges from $912,205 in Newark to the lowest price of $150,606 in Newark. There is 1 cities within 07106. Newark has 655 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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