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AREA INFORMATION

07114 (Newark, NJ)

Explore the real estate in 07114 (Newark, NJ)

Area Highlights

07114 (Newark, NJ) residents have a median age of 38.9 years old, with employment highest in the transportation and administrative support industries.

17,050 Population

4,975 Households

$40,438 /yr
Median Household Income

$365,000
Median Home Sale Price

27m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

38.9 Median Age

Average Household Size

2.5
persons per
household

28.2%

Married Households

Community Population By Education

High School Graduate 43%
Some High School 28%
Some College 14%
Bachelors Degree 7%
Associates Degree 5%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 43.04% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.2% of households have children

Area Schools

PK-8
0.6 MILES
Miller Street Elementary School
5-8
0.8 MILES
B-
Link Community Charter School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$40,438 /yr
Median Household Income
$365,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 31.01% of the households.

Transportation to Work

  • Drive 63%
  • Public Transit 18%
  • Walk or Bike 15%
  • Work from Home 4%

Occupancy by Type

Rented 4,008 75%
Owned 967 18%
Vacant 389 7%

White vs Blue Collar Jobs







Blue Collar 53%
White Collar 47%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 38.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 44%
Hispanic 36%
Other 26%
White 16%
Asian <1%
Native American <1%
The most prevalent ethnicity is Black at 44%, followed by Hispanic at 36%, Other at 26%, and White at 16%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
39°
Feb
25°
41°
Mar
33°
49°
Apr
42°
61°
May
52°
71°
Jun
61°
80°
Jul
67°
85°
Aug
65°
83°
Sep
58°
76°
Oct
47°
66°
Nov
38°
54°
Dec
29°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$430,000
For sale
3 beds • 2 baths

12 Thomas St
Newark City, NJ 07114

$625,000
For sale
6 beds • 3 baths • 1,977 sqft

522 Mulberry St
Newark City, NJ 07114

$250,000
For sale
3 beds • 1 baths • 1 half baths

118 Brunswick St
Newark City, NJ 07114

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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