07112 Home Values & Market Trends
There are 86 homes currently listed for 07112. 07112 real estate market trends show that home prices range from $125,000 to $949,000, and the median sales price in the 07112 zip code is $566,273.57. The total number of properties sold within the past twelve months is 235. In 07112, 114 properties are in foreclosure, 1 are bank owned properties,and 9 are headed for auction.
07112 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 497,800 $ 259/sqft |
Housing Market Summary for 07112
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $462.5K | $551.9K | 19.33% |
| Median Sold Price | $534.6K | $551.9K | 3.24% |
| Homes For Sale | 12 | 86 | 616.67% |
| Homes Sold | 131 | 104 | -20.61% |
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 07112
Browse Homes in 07112
The median list price of a home in Newark, is $566,273.57. A total of 86 properties are for sale, and the percentage of properties for sale in the zip code is 43.00%. The total count of 07112 properties is 3,835.
- Pre-ForeclosurePre-foreclosure homes account for 2.71% of all residential properties in 07112 with Newark containing 602 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07112; 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 07112 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 0.03% of properties in 07112. There is 1 cities within 07112; 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 07112. Auction homes and other auction properties account for 0.23% of all properties in 07112. There is 1 cities within 07112; 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.