Home / Select Cities  /  2024 Comparing Philadelphia, PA vs. Newark, NJ

2024 Compare Cities Housing:
Philadelphia, PA vs Newark, NJ

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Highlights
- The median age of a home in Philadelphia is 24.7% older than the median age of a home in Newark.

Housing
 Philadelphia, PANewark, NJUnited States
 Median Home Age735542
 Median Home Cost$205,900$385,700$338,100
 Home Appr. Last 12 months7.1%9.7%16.6%
 Home Appr. Last 5 yrs.41.9%46.3%57.0%
 Home Appr. Last 10 yrs.74.4%68.7%101.1%
 Property Tax Rate$9.5$25.0$11.0
 Homes Owned47.0%21.1%57.4%
 Housing Vacant10.3%9.1%11.2%
 Homes Rented42.7%69.8%31.4%
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 Avg Rent For Home Or Apartment
 Philadelphia, PANewark, NJUnited States
 Average Rent$1,670$1,740$1,840
 Studio Apartment$1,020$980$1,080
 1 Bedroom Home or Apartment$1,150$1,160$1,180
 2 Bedroom Home or Apartment$1,390$1,390$1,430
 3 Bedroom Home or Apartment$1,690$1,760$1,860
 4 Bedroom Home or Apartment$1,970$2,070$2,160
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 Vacant Housing
 Philadelphia, PANewark, NJUnited States
 Vacant For Rent2.5%3.2%1.9%
 Vacant Rented0.7%0.2%0.4%
 Vacant For Sale0.6%0.5%0.7%
 Vacant Sold0.6%0.2%0.4%
 Vacant Vacation0.5%0.1%3.6%
 Vacant Other5.5%5.0%4.1%
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 Owner-Occupied Housing Value
 Philadelphia, PANewark, NJUnited States
 Less Than $20,0001.7%4.6%2.6%
 $20,000 to $39,9991.9%0.6%2.4%
 $40,000 to $59,9994.1%1.0%2.8%
 $60,000 to $79,9996.2%1.1%3.9%
 $80,000 to $99,9997.6%1.2%4.5%
 $100,000 to $149,99916.4%8.1%11.3%
 $150,000 to $199,99916.6%14.6%13.0%
 $200,000 to $299,99922.8%26.3%20.1%
 $300,000 to $399,99910.0%21.8%13.6%
 $400,000 to $499,9994.6%11.5%8.3%
 $500,000 to $749,9995.1%5.8%9.7%
 $750,000 to $999,9991.5%2.3%3.9%
 $1,000,000 to $1,499,9990.9%0.3%2.2%
 $1,500,000 to $1,999,9990.2%0.0%0.8%
 $2,000,000 and over0.4%0.8%1.1%
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 Housing Units By Year Built
 Philadelphia, PANewark, NJUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 20143.0%12.0%13.6%
 2000 to 20093.0%12.0%13.6%
 1990 to 19993.2%11.1%13.6%
 1980 to 19894.0%7.4%13.2%
 1970 to 19797.4%10.6%14.8%
 1960 to 19693.2%11.1%13.6%
 1950 to 195915.7%10.9%10.0%
 1940 to 194911.2%9.3%4.7%
 1939 or Earlier40.7%23.3%12.2%

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Reviews for Philadelphia    138 Reviews

I’m originally from New York City, then lived in a small city in upstate New York for eight years, then moved down to Philadelphia and have lived here for many years.  More

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Now the only reason some people disagree is because MONEY. If you live in “manayunk” (which I lived for 2 years) you can’t compare … you can’t compare your out skirt  More

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Over 3 years ago

do not go. do not travel to. Will charge you fees, anything - to pay for the mess that they made. Life long resident, born here as well. I'm Very sorry to say. Go  More

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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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ZIPS IN PHILADELPHIA, PENNSYLVANIA
19120, 19111, 19124, 19143, 19134, 19149, 19104, 19148, 19140, 19145, 48 total
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

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