07107 Home Values & Market Trends
There are 94 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 $545,974.32. The total number of properties sold within the past twelve months is 195. In 07107, 74 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.
07107 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 497,800 $ 259/sqft |
Housing Market Summary for 07107
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $499.9K | $556.2K | 11.26% |
| Median Sold Price | $492.6K | $556.2K | 12.91% |
| Homes For Sale | 13 | 96 | 638.46% |
| Homes Sold | 125 | 96 | -23.20% |
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 $545,974.32. A total of 94 properties are for sale, and the percentage of properties for sale in the zip code is 55.95%. The total count of 07107 properties is 4,211.
- Pre-ForeclosurePre-foreclosure homes account for 1.57% of all residential properties in 07107 with Newark containing 602 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 $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 07107 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 0.05% of properties in 07107. There is 1 cities within 07107; 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 07107. Auction homes and other auction properties account for 0.14% 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 $1,052,000 in Newark to the lowest value of $323,400 in Newark.