07114 Home Values & Market Trends
There are 17 homes currently listed for 07114. 07114 real estate market trends show that home prices range from $229,900 to $800,000, and the median sales price in the 07114 zip code is $598,166.67. The total number of properties sold within the past twelve months is 37. In 07114, 17 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
07114 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Newark | $ 497,800 $ 259/sqft |
Housing Market Summary for 07114
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $340K | $486.6K | 43.10% |
| Median Sold Price | $562.5K | $486.6K | -13.50% |
| Homes For Sale | 2 | 18 | 800.00% |
| Homes Sold | 25 | 20 | -20.00% |
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 07114
Browse Homes in 07114
The median list price of a home in Newark, is $598,166.67. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 50.00%. The total count of 07114 properties is 902.
- Pre-ForeclosurePre-foreclosure homes account for 1.55% of all residential properties in 07114 with Newark containing 602 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07114; 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 07114 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 0.22% of properties in 07114. There is 1 cities within 07114; 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 07114. Auction homes and other auction properties account for 0.11% of all properties in 07114. There is 1 cities within 07114; 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.