Newark, New Jersey’s proximity to New York City draws residents from all over the world for a city lifestyle without the price tag. With beautiful Branch Brook Park, the famous New Jersey Performing Arts Center, and the charming Ironbound District, there’s always something to explore and enjoy in Newark.Therefore, if you are considering purchasing a historic row house or rent an apartment in newarkthis city is just the place.
For example, the average rent in Newark is $2,145, but the median home sale price is $505,000. Redfin has compiled a list of eight popular he neighborhoods in Newark. From historic Forest Hill and vibrant North Ironbound to bustling University Heights and lively Upper Roseville, Newark has an area to fit your lifestyle and tastes. Let’s explore them.
1. Forest Hill
Forest Hill is located in the northern part of Newark. The area is home to America’s first county park, Branch Brook Park, with miles of trails, cherry blossoms in spring, and a lake. Forest Hill has single-family homes in architectural styles such as Victorian, Tudor, and Colonial homes.
Median selling price: $560,000
Average rent for a two-bedroom apartment: $2,000
Homes for Sale in Forest Hill | Apartments for Rent in Forest Hill
2. North Ironbound
North Ironbound is a charming neighborhood located along the Passaic River. The area is known for its vibrant dining scene, with numerous Portuguese and Spanish restaurants. Riverbank Park and Independence Park are also popular spots for outdoor activities. Housing types in North Ironbound include historic rowhouses and modern apartment complexes.
Median selling price: $517,500
Average rent for a one-bedroom apartment: $1,390 | Average rent for a two-bedroom apartment: $2,600
Homes for Sale in North Ironbound | Apartments for Rent in North Ironbound
3. Mount Pleasant – Lower Broadway
Mount Pleasant Lower Broadway is located along the Passaic River. This area has several local restaurants, shops, and community parks. Mount Pleasant Lower Broadway has a diverse mix of architectural styles, including historic Victorian homes and mid-century apartments.
Median selling price: $305,000
Mount Pleasant Lower Broadway Homes for Sale | Mount Pleasant – Lower Broadway Apartments for Rent
4. University Heights
University Heights is located just west of downtown Newark. The area is home to the New Jersey Institute of Technology and Rutgers University, the Newark Museum of Art, and many local shops and restaurants. University Heights offers several types of housing, including historic brownstones and modern high-rise apartments.
Median selling price: $325,000
Average rent for a one-bedroom apartment: $1,300 | Average rent for a two-bedroom apartment: $2,300
Homes for Sale in University Heights | Apartments for Rent in University Heights
5. Upper Clinton Hill
Upper Clinton Hill is located in the southwest part of Newark. The area is home to several neighborhood parks, including Mildred Helms Park, and plenty of restaurants along Clinton Avenue. Upper Clinton Hill homes are built in a variety of architectural styles, including Victorian and Queen His Anne homes.
Median selling price: $545,000
Average rent for a one-bedroom apartment: $1,300 | Average rent for a two-bedroom apartment: $1,800
Homes for Sale in Upper Clinton Hill | Apartments for Rent in Upper Clinton Hill
6. Upper Roseville
Upper Roseville is a charming residential neighborhood known for its tree-lined streets and parks. It’s also near Branch Brook Park. Branch Brook Park is a 360-acre park with a lake, spring cherry trees, and walking trails. Upper Roseville is home to many historic single-family homes and mid-century apartment complexes.
Median selling price: $470,000
Average rent for a one-bedroom apartment: $1,400 | Average rent for a two-bedroom apartment: $2,500
Homes for Sale in Upper Roseville | Apartments for Rent in Upper Roseville
7. Upper Vailsburg
Upper Bailsburg is located in the western part of Newark and is primarily a residential area. The area is home to Ivy Hill Park, a popular spot for outdoor recreation, and nearby Vailsburg Park. Housing options in Upper Vailsburg include Tudor and Colonial Revival style apartments and single-family homes.
Median selling price: $461,000
Average rent for a one-bedroom apartment: $1,275 | Average rent for a two-bedroom apartment: $2,100
Upper Vailsburg Homes for Sale | Upper Vailsburg Apartments for Rent
8. Weakahic
Weequahic is a popular neighborhood in southern Newark. The area includes Weequahic Park, a large green space with playgrounds, lakes and sports facilities. Weequahic has a mix of historic single-family homes and mid-century apartment buildings.
Median selling price: $470,000
Average rent for a one-bedroom apartment: $1,400 | Average rent for a two-bedroom apartment: $2,000
Homes for sale in Weakahic | Apartments for rent in Weakahic
methodology: All neighborhoods must be listed as “neighborhoods” on Redfin.com.Median home sales price data Redfin data center Average rental data during March 2024 Rental.com During March 2024.
