07114 Home Values & Market Trends

There are 18 homes currently listed for 07114. 07114 real estate market trends show that home prices range from $229,900 to $850,000, and the median sales price in the 07114 zip code is $417,958.75. The total number of properties sold within the past twelve months is 37. In 07114, 20 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

07114 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Newark

$ 423,243

$ 271/sqft

Housing Market Summary for 07114

Jul 2025July 2026Change
Median Listing Price$800K$390.7K-51.17%
Median Sold Price$540.1K$390.7K-27.67%
Homes For Sale818125.00%
Homes Sold19205.26%
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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%.

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Recently Sold Homes

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Browse Homes in 07114

The median list price of a home in Newark, is $417,958.75. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 47.37%. The total count of 07114 properties is 881.

Foreclosure
There is 1 cities within 07114; within this cities, the median estimated home value for homes in foreclosure ranges from $902,316 in Newark to the lowest value of $150,000 in Newark. Foreclosure homes account for 2.00% of properties in 07114 with Newark containing 722 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.82% of all residential properties in 07114 with Newark containing 637 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 $902,316 in Newark to the lowest home value of $150,000 in Newark.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07114 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07114. There is 1 cities within 07114; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Newark has 75 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 0.45% 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 $823,158 in Newark to the lowest value of $199,999 in Newark.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.04% of residential properties in 07114 with Newark containing 892 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07114; homes for sale in that cities, have a range of median values from $1,197,382 in Newark to the lowest value of $50,000 in Newark.
    Sold Homes
    The median value for recently sold homes ranges from $912,205 in Newark to the lowest price of $150,606 in Newark. There is 1 cities within 07114. Newark has 655 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.82% of properties in 07114.

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