07106 Home Values & Market Trends
There are 115 homes currently listed for 07106. 07106 real estate market trends show that home prices range from $289,900 to $750,000, and the median sales price in the 07106 zip code is $508,948.89. The total number of properties sold within the past twelve months is 208. In 07106, 120 properties are in foreclosure, 2 are bank owned properties,and 5 are headed for auction.
07106 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 497,800 $ 259/sqft |
Housing Market Summary for 07106
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $330K | $521.1K | 57.91% |
| Median Sold Price | $507.7K | $521.1K | 2.64% |
| Homes For Sale | 19 | 112 | 489.47% |
| Homes Sold | 140 | 114 | -18.57% |
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 07106
Browse Homes in 07106
The median list price of a home in Newark, is $508,948.89. A total of 115 properties are for sale, and the percentage of properties for sale in the zip code is 48.94%. The total count of 07106 properties is 4,796.
- Pre-ForeclosurePre-foreclosure homes account for 2.36% of all residential properties in 07106 with Newark containing 602 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 $1,509,000 in Newark to the lowest home value of $239,100 in Newark.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07106 ranges from the highest value of $1,008,000 in Newark to the lowest value of $352,900 in Newark. Bank owned homes and properties account for 0.04% of properties in 07106. There is 1 cities within 07106; Newark containing 11 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsNewark has 39 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 0.10% 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 $1,052,000 in Newark to the lowest value of $323,400 in Newark.