Home / Select Cities  /  2024 Comparing Troy, NY vs. Newark, NJ

2024 Compare Cities Housing:
Troy, NY vs Newark, NJ

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Highlights
- The median age of a home in Troy is 6.8% older than the median age of a home in Newark.

Housing
 Troy, NYNewark, NJUnited States
 Median Home Age595542
 Median Home Cost$238,100$385,700$338,100
 Home Appr. Last 12 months11.9%9.7%16.6%
 Home Appr. Last 5 yrs.46.3%46.3%57.0%
 Home Appr. Last 10 yrs.52.6%68.7%101.1%
 Property Tax Rate$29.3$25.0$11.0
 Homes Owned29.2%21.1%57.4%
 Housing Vacant13.9%9.1%11.2%
 Homes Rented57.0%69.8%31.4%
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 Avg Rent For Home Or Apartment
 Troy, NYNewark, NJUnited States
 Average Rent$1,470$1,740$1,840
 Studio Apartment$900$980$1,080
 1 Bedroom Home or Apartment$1,000$1,160$1,180
 2 Bedroom Home or Apartment$1,220$1,390$1,430
 3 Bedroom Home or Apartment$1,490$1,760$1,860
 4 Bedroom Home or Apartment$1,640$2,070$2,160
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 Vacant Housing
 Troy, NYNewark, NJUnited States
 Vacant For Rent3.8%3.2%1.9%
 Vacant Rented0.8%0.2%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.1%0.2%0.4%
 Vacant Vacation0.5%0.1%3.6%
 Vacant Other8.0%5.0%4.1%
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 Owner-Occupied Housing Value
 Troy, NYNewark, NJUnited States
 Less Than $20,0002.1%4.6%2.6%
 $20,000 to $39,9990.3%0.6%2.4%
 $40,000 to $59,9992.6%1.0%2.8%
 $60,000 to $79,9996.1%1.1%3.9%
 $80,000 to $99,9998.9%1.2%4.5%
 $100,000 to $149,99926.2%8.1%11.3%
 $150,000 to $199,99929.0%14.6%13.0%
 $200,000 to $299,99916.9%26.3%20.1%
 $300,000 to $399,9993.0%21.8%13.6%
 $400,000 to $499,9991.3%11.5%8.3%
 $500,000 to $749,9991.8%5.8%9.7%
 $750,000 to $999,9991.7%2.3%3.9%
 $1,000,000 to $1,499,9990.2%0.3%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.8%1.1%
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 Housing Units By Year Built
 Troy, NYNewark, NJUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 20142.4%12.0%13.6%
 2000 to 20092.4%12.0%13.6%
 1990 to 19995.0%11.1%13.6%
 1980 to 19896.1%7.4%13.2%
 1970 to 19798.4%10.6%14.8%
 1960 to 19695.0%11.1%13.6%
 1950 to 19597.9%10.9%10.0%
 1940 to 19496.6%9.3%4.7%
 1939 or Earlier51.5%23.3%12.2%

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Reviews for Troy    6 Reviews

My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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I've lived in Troy for 17 years and love it more than ever. I was initially attracted by its handsome industrial-era architecture, walkable downtown and budding arts  More

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Reviews for Newark    26 Reviews

Over 3 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 11 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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ZIPS IN TROY, NEW YORK
12180 12182
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

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