As the country’s third oldest city, Newark, New Jersey is a complex urban center that is redefining itself as an exciting and modern place to live. Educational reforms, new housing development, economic growth and redevelopment of public areas have created an exciting future for Newark. Real estate options consist of detached, single-family homes as well as condominiums and townhouses. The city is located in Essex County, eight miles west of New York City and about 13 miles west of Manhattan. Just 24 square miles in size, Newark is home to an airport, seaport and more than 280,000 residents. The city has five defined political districts: North Ward, East Ward, Central Ward, West Ward and South Ward. Each ward has one or more distinct neighborhoods, some of which have a close-knit atmosphere, usually only found in small towns. Residents may share a cultural bond, common backgrounds or just a strong community orientation. Newark’s diverse set of neighborhoods offers many different experiences and attractions to new residents, including historic architecture, high-end shopping and cultural wares and dining. The city also has a renowned arts venue, the New Jersey Performing Arts Center, which attracts more than 500,000 visitors annually. Other cultural offerings include the Symphony Hall, art galleries and the Cathedral Basilica of the Sacred Heart. Public education is provided by Newark City Schools, an organization that manages about 80 campuses city-wide. The district serves 47,000 students, from pre-kindergarteners to high school seniors.
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Price Range of Newark Houses
The real estate market of Newark has a diverse selection of affordably priced residential properties, including detached, single-family homes and condominiums/townhouses. Most of Newark’s residential properties have multi-storied homes with basements, fenced yards and treed lots. These homes reflect the city’s long and ongoing history of development; the early-20th century colonial is the predominant style, although more contemporary homes are available. Prices for detached, single-family homes range from $200,000 to about $600,000. This range includes everything from fixers to very well-maintained historic homes. Prices for condos/townhouses range from $200,000 to $350,000, with prices ranging depending on unit size and location. If you are thinking of buying or selling your home, just fill out the FREE REAL ESTATE INFORMATION REQUEST FORM. Then, top real estate agent New Jersey Real Estate will provide you with any information or assistance with your home. All contents on this and related web sites are provided by New Jersey Real Estate, the home and property specialist, specializing in Newark real estate and home values in Essex County, New Jersey.