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2025 Compare Cities Housing:
Newark, NJ vs Chatham borough, NJ

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Highlights
- The median age of a home in Newark is 32.7% younger than the median age of a home in Chatham borough.
 Newark, NJChatham borough, NJUnited States
 Median Home Age55  Unlock42
 Median Home Cost  Unlock$932,600$338,100
 Home Appr. Last 12 months9.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.68.7%  Unlock101.1%
 Property Tax Rate  Unlock$22.0$11.0
 Homes Owned21.1%  Unlock57.4%
 Housing Vacant  Unlock3.0%11.2%
 Homes Rented69.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Newark, NJChatham borough, NJUnited States
 Average Rent  Unlock$2,900$1,840
 Studio Apartment$980  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,930$1,180
 2 Bedroom Home or Apartment$1,390  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,940$1,860
 4 Bedroom Home or Apartment$2,070  Unlock$2,160
 space1
 Vacant Housing
 Newark, NJChatham borough, NJUnited States
 Vacant For Rent  Unlock0.9%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.9%3.6%
 Vacant Other5.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Newark, NJChatham borough, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9998.1%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,99926.3%  Unlock20.1%
 $300,000 to $399,999  Unlock1.7%13.6%
 $400,000 to $499,99911.5%  Unlock8.3%
 $500,000 to $749,999  Unlock35.1%9.7%
 $750,000 to $999,9992.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock23.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock1.6%1.1%
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 Housing Units By Year Built
 Newark, NJChatham borough, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock1.5%13.6%
 2000 to 200912.0%  Unlock13.6%
 1990 to 1999  Unlock4.1%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock2.9%14.8%
 1960 to 196911.1%  Unlock13.6%
 1950 to 1959  Unlock19.4%10.0%
 1940 to 19499.3%  Unlock4.7%
 1939 or Earlier  Unlock33.9%12.2%
Transportation
Reviews for Newark    26 Reviews
David · Roanoke, VA
Horrible city
Over 4 years ago

Newark is straight garbage.  More

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Peter · Newark, NJ
Ironbound is crime ridden and police and politican
Over 10 years ago

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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Sheila · Ogden, UT
Crime
Over 12 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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Reviews for Chatham Borough    3 Reviews
Aylin · Chatham, NJ
Chatham, Chatham....land of white, white people wi
Over 13 years ago

Lovely town, fabulous schools...filled with snooty people concerned most with getting their kids dropped off to school and making their "hot yoga" class. The weather  More

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Bettina  · Chatham, NJ
Schools
Over 18 years ago

I can't say enough about the schools in Chatham NJ. They are absolutely amazing, my child is going into 5th grade and has been in this school system since kindergarten.  More

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Jane · Chatham, NJ
Great, but
Over 18 years ago

Great schools, stable community, excellent access to arts & culture, nice small-town feel. But very expensive and the traffic is getting really  More

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Learn More About Newark, New Jersey
Overview
Cost of Living
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Learn More About Chatham borough, New Jersey
Overview
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Job Market
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