Newark, New Jersey - Real Estate
Newark is the largest city in the U.S. state of New Jersey, and county seat of the highly urban Essex County. The city itself has a population of 280,451, while its metropolitan area (a subdivision of the New York metro area) is home to about 2,098,843 inhabitants.
Like most urban areas in America, Newark real estate prices have grown significantly in the past few years. The median cost of a single family dwelling increased by 14.7% in 2005 to finish the year at $427,600.
Such prices are prohibitive to the majority of outside homebuyers, but it is still possible to find below-market deals in the Newark area by scouting out foreclosed properties and other discount realty listings.
To find foreclosures and rock-bottom real estate bargains in Newark, New Jersey and other cities across America, please click here.