Newark Central Business District Housing Market Trends
What is the housing market like in Newark Central Business District today?
In December 2023, Newark Central Business District home prices were up 101.9% compared to last year, selling for a median price of $480K.
$350K
Sale Price
$205
Sale $/Sq. Ft.
Over List Price
0%
Days on Market
125
Down Payment
14.1%
Total Homes Sold
1
To compare other locations to the Newark Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Home offer insights for Newark Central Business District
Explore recent offers and recently sold homes in Newark Central Business District
Recent offers
View houses in Newark Central Business District that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Lafayette Street Elementary School
Public • PreK-8 • Choice school
1126
Students
8 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Newark Central Business District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Newark Central Business District.
Risk Factor
Flood Factor - Major
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Newark Central Business District has a major risk of flooding. 267 properties in Newark Central Business District are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Newark Central Business District. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Newark Central Business District has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Newark Central Business District is most at risk from hurricanes. 1,185 properties in Newark Central Business District have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Newark Central Business District has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Newark Central Business District have a Severe Heat Factor®.
Newark Central Business District is expected to see a 128% increase in the number of days over 100ºF over the next 30 years. Newark Central Business District is expected to experience 8