Real Estate Investing in Newark, New York (14513)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14513 (Newark, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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, NY (14513)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 14513 Newark
This part of Wayne County is not an easy win. The 14513 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 14513 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 14513 and stronger Newark ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 14513 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Newark's stable or hybrid ZIPs before stepping into 14513. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Newark:
Property Strategy for 14513
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $166,333 | $1,440 | 6.2% | +10.3% | $83,167 |
| 3BR | $197,925 | $1,730 | 6.3% | +9.3% | $65,975 |
| 4BR | $218,173 | $1,910 | 6.3% | +8.7% | $54,543 |
| 5BR | $257,230 | — | — | +9.1% | $51,446 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 14513 Compare?
| Metric | 14513 | Newark | Rochester, NY | New York |
|---|---|---|---|---|
| Home Value | $208,686 | $208,686 | N/A | $505,608 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 6.6% |
| Avg Rent | $1,050 | $1,050 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 14513 (Newark, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,686 |
| Monthly Rent | $1,050 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 14513
Population: 13,501
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 14513
Schools in This ZIP Code
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
Frequently Asked Questions
What do rentals go for in Newark, NY?
Rental rates in Newark, NY average $1,050/mo. Tenant demand and $209K home values make the yield look reasonable by investor standards.
How deep is the rental pool in Newark, NY?
The tenant pool in Newark, NY is solid, supported by local employment and population fundamentals. Rents of $1,050/mo are well-absorbed by the market.
What kind of market is Newark, NY for investors?
Our data puts Newark, NY at 3.0/5 for investability. Home prices of $209K and rents around $1,050/mo create a solid backdrop for investor activity.
Is Newark, NY better for rentals, flips, or BRRRR?
Newark, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($209K prices, $1,050/mo rents) make it a reasonable choice.
What is the typical vacancy rate in Newark, NY?
Newark, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 14513 now. You don’t know where it ranks.
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How 14513 ranks in Rochester, NY
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Community Ratings
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