Home / Select Cities  /  2024 Comparing Newark, NJ vs. Edison, NJ

2024 Compare Cities Housing:
Newark, NJ vs Edison, NJ

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Highlights
- The median age of a home in Newark is 12.7% older than the median age of a home in Edison.

Housing
 Newark, NJEdison, NJUnited States
 Median Home Age554842
 Median Home Cost$385,700$487,000$338,100
 Home Appr. Last 12 months9.7%15.1%16.6%
 Home Appr. Last 5 yrs.46.3%43.3%57.0%
 Home Appr. Last 10 yrs.68.7%60.4%101.1%
 Property Tax Rate$25.0$24.2$11.0
 Homes Owned21.1%59.5%57.4%
 Housing Vacant9.1%3.8%11.2%
 Homes Rented69.8%36.7%31.4%
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 Avg Rent For Home Or Apartment
 Newark, NJEdison, NJUnited States
 Average Rent$1,740$2,370$1,840
 Studio Apartment$980$1,370$1,080
 1 Bedroom Home or Apartment$1,160$1,560$1,180
 2 Bedroom Home or Apartment$1,390$1,970$1,430
 3 Bedroom Home or Apartment$1,760$2,400$1,860
 4 Bedroom Home or Apartment$2,070$2,650$2,160
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 Vacant Housing
 Newark, NJEdison, NJUnited States
 Vacant For Rent3.2%1.1%1.9%
 Vacant Rented0.2%0.2%0.4%
 Vacant For Sale0.5%0.5%0.7%
 Vacant Sold0.2%0.3%0.4%
 Vacant Vacation0.1%0.4%3.6%
 Vacant Other5.0%1.4%4.1%
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 Owner-Occupied Housing Value
 Newark, NJEdison, NJUnited States
 Less Than $20,0004.6%0.9%2.6%
 $20,000 to $39,9990.6%0.2%2.4%
 $40,000 to $59,9991.0%0.9%2.8%
 $60,000 to $79,9991.1%1.3%3.9%
 $80,000 to $99,9991.2%0.6%4.5%
 $100,000 to $149,9998.1%2.1%11.3%
 $150,000 to $199,99914.6%1.8%13.0%
 $200,000 to $299,99926.3%14.5%20.1%
 $300,000 to $399,99921.8%26.0%13.6%
 $400,000 to $499,99911.5%20.3%8.3%
 $500,000 to $749,9995.8%23.7%9.7%
 $750,000 to $999,9992.3%5.3%3.9%
 $1,000,000 to $1,499,9990.3%1.6%2.2%
 $1,500,000 to $1,999,9990.0%0.1%0.8%
 $2,000,000 and over0.8%0.5%1.1%
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 Housing Units By Year Built
 Newark, NJEdison, NJUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 201412.0%5.7%13.6%
 2000 to 200912.0%5.7%13.6%
 1990 to 199911.1%9.8%13.6%
 1980 to 19897.4%24.2%13.2%
 1970 to 197910.6%11.6%14.8%
 1960 to 196911.1%9.8%13.6%
 1950 to 195910.9%17.8%10.0%
 1940 to 19499.3%4.0%4.7%
 1939 or Earlier23.3%5.5%12.2%

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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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Reviews for Edison    5 Reviews

Tammy · 

I don't recommend living here if you are planning to move here with a family- even a small one. The school system is terrible- teachers are racist and have favorites,  More

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Over 10 years ago

cost and taxes to  More

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Over 10 years ago

North Edison is a somewhat typical suburban town, with a few differences. The town is unofficially separated by school districts into North Edison and South Edison,  More

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ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102
ZIPS IN EDISON, NEW JERSEY
No Zip Codes Here.

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