07107 Home Values & Market Trends
There are 118 homes currently listed for 07107. 07107 real estate market trends show that home prices range from $235,000 to $899,000, and the median sales price in the 07107 zip code is $507,810.83. The total number of properties sold within the past twelve months is 178. In 07107, 78 properties are in foreclosure, 5 are bank owned properties,and 9 are headed for auction.
07107 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 424,848 $ 277/sqft |
Housing Market Summary for 07107
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $230K | $480.6K | 108.96% |
| Median Sold Price | $501.8K | $480.6K | -4.21% |
| Homes For Sale | 13 | 113 | 769.23% |
| Homes Sold | 129 | 93 | -27.91% |
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 07107
Browse Homes in 07107
The median list price of a home in Newark, is $507,810.83. A total of 118 properties are for sale, and the percentage of properties for sale in the zip code is 60.20%. The total count of 07107 properties is 4,166.
- Pre-ForeclosurePre-foreclosure homes account for 1.54% of all residential properties in 07107 with Newark containing 620 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07107; 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 07107 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 0.12% of properties in 07107. There is 1 cities within 07107; 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 07107. Auction homes and other auction properties account for 0.22% of all properties in 07107. There is 1 cities within 07107; 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.