Home / Select Cities  /  2024 Comparing Newark, NJ vs. Margate, FL

2024 Compare Cities Housing:
Newark, NJ vs Margate, FL

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Highlights
- The median age of a home in Newark is 21.8% older than the median age of a home in Margate.

Housing
 Newark, NJMargate, FLUnited States
 Median Home Age554342
 Median Home Cost$385,700$300,200$338,100
 Home Appr. Last 12 months9.7%26.6%16.6%
 Home Appr. Last 5 yrs.46.3%78.0%57.0%
 Home Appr. Last 10 yrs.68.7%189.0%101.1%
 Property Tax Rate$25.0$8.9$11.0
 Homes Owned21.1%66.2%57.4%
 Housing Vacant9.1%10.7%11.2%
 Homes Rented69.8%23.1%31.4%
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 Avg Rent For Home Or Apartment
 Newark, NJMargate, FLUnited States
 Average Rent$1,740$2,600$1,840
 Studio Apartment$980$1,400$1,080
 1 Bedroom Home or Apartment$1,160$1,510$1,180
 2 Bedroom Home or Apartment$1,390$1,890$1,430
 3 Bedroom Home or Apartment$1,760$2,640$1,860
 4 Bedroom Home or Apartment$2,070$3,220$2,160
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 Vacant Housing
 Newark, NJMargate, FLUnited States
 Vacant For Rent3.2%1.8%1.9%
 Vacant Rented0.2%0.5%0.4%
 Vacant For Sale0.5%0.8%0.7%
 Vacant Sold0.2%0.6%0.4%
 Vacant Vacation0.1%5.2%3.6%
 Vacant Other5.0%1.8%4.1%
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 Owner-Occupied Housing Value
 Newark, NJMargate, FLUnited States
 Less Than $20,0004.6%1.2%2.6%
 $20,000 to $39,9990.6%2.6%2.4%
 $40,000 to $59,9991.0%3.9%2.8%
 $60,000 to $79,9991.1%8.5%3.9%
 $80,000 to $99,9991.2%5.6%4.5%
 $100,000 to $149,9998.1%9.0%11.3%
 $150,000 to $199,99914.6%9.0%13.0%
 $200,000 to $299,99926.3%31.2%20.1%
 $300,000 to $399,99921.8%23.8%13.6%
 $400,000 to $499,99911.5%4.3%8.3%
 $500,000 to $749,9995.8%0.7%9.7%
 $750,000 to $999,9992.3%0.3%3.9%
 $1,000,000 to $1,499,9990.3%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.8%0.1%1.1%
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 Housing Units By Year Built
 Newark, NJMargate, FLUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 201412.0%3.6%13.6%
 2000 to 200912.0%3.6%13.6%
 1990 to 199911.1%12.2%13.6%
 1980 to 19897.4%22.0%13.2%
 1970 to 197910.6%45.4%14.8%
 1960 to 196911.1%12.2%13.6%
 1950 to 195910.9%3.6%10.0%
 1940 to 19499.3%0.6%4.7%
 1939 or Earlier23.3%0.6%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 Margate    3 Reviews

Over 10 years ago

Butterfly World, is minutes away from Margate and the largest selection of butterflies, it is a must see. The Festival Flea Market is one of the best flea markets I've  More

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Over 13 years ago

I have lived here in Margate, FL for the past 7 years and I must say it has been very nice. The people here are nice and as far as the crime rate goes I must say I have  More

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Over 14 years ago

The crime statistics you see listed for Margate Florida are misleading, I have lived in Margate for years, I like many of Margate residents have had my home broken into  More

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ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102
ZIPS IN MARGATE, FLORIDA
33063

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