Real Estate Investing in Newark, New Jersey (07105)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07105 (Newark, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Newark, NJ (07105)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07105 Newark
ZIP 07105 in Newark, NJ carries a resilient set of headwinds. Home values near $558K and rents of $2,367/mo sit inside a market where underwriting has to be tight.
Rent of $2,367/mo on a $558K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 07105 sits below the stated 0.0% once reality is priced in.
Regionally, 07105 sits on the difficult end of the NJ spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 07105 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Distressed ZIPs reward experience. substantial returns are possible in 07105, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Newark:
Property Strategy for 07105
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $393,854 | $1,950 | 3.6% | +5.1% | $196,927 |
| 3BR | $492,191 | $2,440 | 3.6% | +7.5% | $164,064 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07105 Compare?
| Metric | 07105 | Newark | New Jersey |
|---|---|---|---|
| Home Value | $558,471 | $148,249 | $559,826 |
| 5-Year CAGR | 4.1% | 4.2% | 8.4% |
| Avg Rent | $2,367 | $2,128 | - |
| Cap Rate | 3.3% | 3.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07105 (Newark, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Essex County
Manage rentals here? List your business →Associa Community Management Corporation of New Jersey is an HOA property management company serving Northern and Central New Jersey. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $558,471 |
| Monthly Rent | $2,367 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | -2.1% ▼ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07105
Population: 56,657
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07105
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Arts High School
Garfield Elementary School
Lincoln Middle School
Roosevelt Elementary School
Schuyler Elementary School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,686 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Newark, NJ?
Rental vacancy in Newark, NJ is elevated. Investors should budget normal turnover but not chronic empty units.
What is the tenant pool like in Newark, NJ?
The tenant pool in Newark, NJ is solid, supported by local employment and population fundamentals. Rents of $2,367/mo are well-absorbed by the market.
Are homes affordable in Newark, NJ?
Newark, NJ home values average about $558K. That price point suits investors targeting rentals with $2,367/mo in monthly income.
Is house hacking profitable in Newark, NJ?
House hacking in Newark, NJ is reasonable to execute. Prices around $558K and rents of $2,367/mo solid owner-occupant economics.
Does Newark, NJ favor landlords or tenants?
Newark, NJ operates under NJ law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
You know 07105 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07105 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07105 ranks in New York-Newark-Jersey City, NY-NJ-PA
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