2025 Compare Cities Housing:
Red Bank, NJ vs Newark, NJ

Change Cities
Highlights
- The median age of a home in Red Bank is 16.7% older than the median age of a home in Newark.
 Red Bank, NJNewark, NJUnited States
 Median Home Age66  Unlock42
 Median Home Cost  Unlock$385,700$338,100
 Home Appr. Last 12 months17.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock46.3%57.0%
 Home Appr. Last 10 yrs.78.1%  Unlock101.1%
 Property Tax Rate  Unlock$25.0$11.0
 Homes Owned49.4%  Unlock57.4%
 Housing Vacant  Unlock9.1%11.2%
 Homes Rented47.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Red Bank, NJNewark, NJUnited States
 Average Rent  Unlock$1,740$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,160$1,180
 2 Bedroom Home or Apartment$1,740  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,760$1,860
 4 Bedroom Home or Apartment$2,650  Unlock$2,160
 space1
 Vacant Housing
 Red Bank, NJNewark, NJUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other2.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Red Bank, NJNewark, NJUnited States
 Less Than $20,000  Unlock4.6%2.6%
 $20,000 to $39,9991.7%  Unlock2.4%
 $40,000 to $59,999  Unlock1.0%2.8%
 $60,000 to $79,9990.7%  Unlock3.9%
 $80,000 to $99,999  Unlock1.2%4.5%
 $100,000 to $149,9998.6%  Unlock11.3%
 $150,000 to $199,999  Unlock14.6%13.0%
 $200,000 to $299,99910.6%  Unlock20.1%
 $300,000 to $399,999  Unlock21.8%13.6%
 $400,000 to $499,99924.0%  Unlock8.3%
 $500,000 to $749,999  Unlock5.8%9.7%
 $750,000 to $999,9994.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
 space3
 Housing Units By Year Built
 Red Bank, NJNewark, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock12.0%13.6%
 2000 to 20094.9%  Unlock13.6%
 1990 to 1999  Unlock11.1%13.6%
 1980 to 19896.2%  Unlock13.2%
 1970 to 1979  Unlock10.6%14.8%
 1960 to 19694.6%  Unlock13.6%
 1950 to 1959  Unlock10.9%10.0%
 1940 to 19498.9%  Unlock4.7%
 1939 or Earlier  Unlock23.3%12.2%
Reviews for Red Bank    3 Reviews

Not only can you great medical care at Riverview Hospital, you can also get a milliion dollar view of the Navesink River to brighten your mood and speed your recovery.   More

   |    Reply

Over 17 years ago

The Art Alliance of Monmouth County is based in Red Bank and promotes diverse visual art expressions of the 300 plus members. Count Basie Theater is scheduled to reopen  More

   |    Reply

Social and Cultural Hub for Central & South  More

   |    Reply

Start Your Review of Red Bank

Reviews for Newark    26 Reviews

Over 4 years ago

Newark is straight garbage.  More

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Newark


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.