Real Estate Investing in Newark, New Jersey (07107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07107 (Newark, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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.
- Elevated poverty: 20.0% poverty rate — can affect rent collection.
What’s happening in Newark, NJ (07107)?
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Market Analysis: 07107 Newark
Meanwhile, ZIP 07107 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $507K median. It rewards specialists, not generalists.
The investment case in 07107 is significant only for operators who understand what they are buying. A $507K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NJ picture, 07107 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 07107 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Newark:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 07107 Compare?
| Metric | 07107 | Newark | New Jersey |
|---|---|---|---|
| Home Value | $506,994 | $148,249 | $559,826 |
| 5-Year CAGR | 4.5% | 4.2% | 8.4% |
| Avg Rent | $2,013 | $2,128 | - |
| Cap Rate | 3.1% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07107 (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 | $506,994 |
| Monthly Rent | $2,013 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | -6.3% ▼ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 07107
Population: 42,132
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 07107
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
American History High School
Arts High School
Belleville Middle School
Cicely L. Tyson Community Middle/High School
Cleveland Street 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 3,459 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Newark, NJ?
Homes in Newark, NJ typically sell near $507K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Can owner-occupants cash flow in Newark, NJ?
Newark, NJ offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,013/mo rent level.
What are vacancy rates like in Newark, NJ?
Newark, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
Where do rents currently stand in Newark, NJ?
Investors in Newark, NJ typically see rents near $2,013/mo per month against $507K home values - a solid setup for rental cash flow.
Is the tenant base reliable in Newark, NJ?
The renter base in Newark, NJ is reasonable for the $2,013/mo price point. Screening well and pricing to market typically yields steady tenants.
You know 07107 now. You don’t know where it ranks.
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How 07107 ranks in New York-Newark-Jersey City, NY-NJ-PA
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