07114 Home Values & Market Trends

There are 14 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 $437,929.67. The total number of properties sold within the past twelve months is 38. In 07114, 19 properties are in foreclosure, 1 are bank owned properties,and 3 are headed for auction.

07114 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Newark

$ 424,848

$ 277/sqft

Housing Market Summary for 07114

Jun 2025June 2026Change
Median Listing Price$250K$403.6K61.42%
Median Sold Price$589.2K$403.6K-31.51%
Homes For Sale1181700.00%
Homes Sold182011.11%
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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 $437,929.67. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 42.42%. 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 $931,882 in Newark to the lowest value of $150,000 in Newark. Foreclosure homes account for 2.00% of properties in 07114 with Newark containing 723 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.70% of all residential properties in 07114 with Newark containing 620 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 $931,882 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 $841,194 in Newark to the lowest value of $267,315 in Newark. Bank owned homes and properties account for 0.11% of properties in 07114. There is 1 cities within 07114; Newark containing 28 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 0.34% 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 $744,806 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 1.59% of residential properties in 07114 with Newark containing 858 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 $1,198,946 in Newark to the lowest value of $50,000 in Newark.
    Sold Homes
    The median value for recently sold homes ranges from $988,738 in Newark to the lowest price of $122,765 in Newark. There is 1 cities within 07114. Newark has 654 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.27% of properties in 07114.

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