2025 Compare Cities Housing:
Newark, NJ vs Manhattan, NY

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Highlights
- The median age of a home in Newark is 27.3% younger than the median age of a home in Manhattan.
 Newark, NJManhattan, NYUnited States
 Median Home Age55  Unlock42
 Median Home Cost  Unlock$1,169,400$338,100
 Home Appr. Last 12 months9.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock36.0%57.0%
 Home Appr. Last 10 yrs.68.7%  Unlock101.1%
 Property Tax Rate  Unlock$8.6$11.0
 Homes Owned21.1%  Unlock57.4%
 Housing Vacant  Unlock15.4%11.2%
 Homes Rented69.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Newark, NJManhattan, NYUnited States
 Average Rent  Unlock$3,710$1,840
 Studio Apartment$980  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,650$1,180
 2 Bedroom Home or Apartment$1,390  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,760$1,860
 4 Bedroom Home or Apartment$2,070  Unlock$2,160
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 Vacant Housing
 Newark, NJManhattan, NYUnited States
 Vacant For Rent  Unlock3.7%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.8%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock5.4%3.6%
 Vacant Other5.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 Newark, NJManhattan, NYUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,9991.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,9998.1%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99926.3%  Unlock20.1%
 $300,000 to $399,999  Unlock4.0%13.6%
 $400,000 to $499,99911.5%  Unlock8.3%
 $500,000 to $749,999  Unlock17.3%9.7%
 $750,000 to $999,9992.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock15.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock25.9%1.1%
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 Housing Units By Year Built
 Newark, NJManhattan, NYUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 200912.0%  Unlock13.6%
 1990 to 1999  Unlock3.7%13.6%
 1980 to 19897.4%  Unlock13.2%
 1970 to 1979  Unlock7.7%14.8%
 1960 to 196911.1%  Unlock13.6%
 1950 to 1959  Unlock9.3%10.0%
 1940 to 19499.3%  Unlock4.7%
 1939 or Earlier  Unlock42.8%12.2%
Reviews for Newark    26 Reviews

Over 4 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 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 Manhattan    2 Reviews

Over 2 years ago

Manhattan is a great place with lots to see and do. Exciting to visit and great to live if you have the  More

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This is the best city ever, it is very welcoming and there is a lot of fun things to do. I have lived her for 2 years now and have already had so many great experiences  More

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