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Newark (zip 07112), New Jersey 0 Reviews | Leave a Comment



Pros

-Arts and culture
-Economic center
-Education

Cons

-Cost of living and housing
-Crowded lifestyle
-Weak future job growth


What Bert Has To Say About New York-Northern New Jersey-Long Island Metro Area


New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Highlights


  • Profile: National center
  • Time zone: Eastern Standard Time
  • Elevation: 87
  • Real Estate: For Sale  For Rent
  • City: Newark
  • Zip Codes: Newark (zip 07112)

Quick Facts About Newark


    ECONOMY
    The unemployment rate in Newark (zip 07112) is 10.20 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Newark (zip 07112) jobs have Increased by 0.46 percent.
    COST OF LIVING
    Compared to the rest of the country, Newark (zip 07112)'s cost of living is 26.90% Higher than the U.S. average.
    POPULATION
    As of 2014, Newark (zip 07112)'s population is 25,543 people. Since 2000, it has had a population growth of -5.39 percent.
    TRANSPORTATION
    Average Commute time is 29 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Newark (zip 07112) is $253,800. Home appreciation the last year has been 4.70 percent.
    SCHOOLS
    Newark (zip 07112) public schools spend $23,551 per student. The average school expenditure in the U.S. is $12,435. There are about 14.5 students per teacher in Newark (zip 07112).

Best Places to Live in Newark, New Jersey



Newark Housing Market


It's a good time to buy in Newark. Home Appreciataion is up 4.7% in the last 12 months. Browse Newark Real Estate.
The median home price in Newark is $253,800. Browse Homes in this Range.
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