Springfield-Belmont, Newark NJ - Investment Data
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📊 How Does Springfield-Belmont Compare?
| Metric | Springfield-Belmont | Newark | New Jersey |
|---|---|---|---|
| Home Value | $148,249 | $148,249 | $559,826 |
| Avg Rent | $2,128 | $2,128 | - |
| 5-Year CAGR | 6.8% | 4.2% | 8.4% |
| Cap Rate | 0.0% | 0.0% | - |
Springfield-Belmont is a neighborhood in Newark, New Jersey. This neighborhood spans 29 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $333,214, which has increased by 2.1% over the past year. With average rents around $2,128/month and home values averaging $148,249, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in Springfield-Belmont
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 07102 | Newark | $404,857 | $2,435 | 0.0% | 5.0% | City match | |
| 07103 | Newark | $402,662 | $2,189 | 0.0% | 8.6% | City match | |
| 07104 | Newark | $497,351 | $1,944 | 0.0% | 5.3% | City match | |
| 07105 | Newark | $558,471 | $2,367 | 0.0% | 4.8% | City match | |
| 07106 | Newark | $464,331 | $1,976 | 0.0% | 8.7% | City match | |
| 07107 | Newark | $506,994 | $2,013 | 0.0% | 5.7% | City match | |
| 07108 | Newark | $503,885 | $2,077 | 0.0% | 12.1% | City match | |
| 07112 | Newark | $495,799 | $2,024 | 0.0% | 10.1% | City match | |
| 07114 | Newark | $464,867 | $2,125 | 0.0% | 14.2% | City match | |
| 07007 | Newark | $0 | — | — | — | — | City match |
| 07019 | Newark | $0 | — | — | — | — | City match |
| 07051 | Newark | $0 | — | — | — | — | City match |
| 07061 | Newark | $0 | — | — | — | — | City match |
| 07091 | Newark | $0 | — | — | — | — | City match |
| 07101 | Newark | $0 | — | — | — | — | City match |
| 07207 | Newark | $0 | — | — | — | — | City match |
| 07428 | Newark | $0 | — | — | — | — | City match |
| 07802 | Newark | $0 | — | — | — | — | City match |
| 07806 | Newark | $0 | — | — | — | — | City match |
| 07837 | Newark | $0 | — | — | — | — | City match |
| 07839 | Newark | $0 | — | — | — | — | City match |
| 07845 | Newark | $0 | — | — | — | — | City match |
| 07855 | Newark | $0 | — | — | — | — | City match |
| 07875 | Newark | $0 | — | — | — | — | City match |
| 07877 | Newark | $0 | — | — | — | — | City match |
| 07879 | Newark | $0 | — | — | — | — | City match |
| 07902 | Newark | $0 | — | — | — | — | City match |
| 07962 | Newark | $0 | — | — | — | — | City match |
| 07963 | Newark | $0 | — | — | — | — | City match |
Other Neighborhoods in Newark
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