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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$102,750||+1.1%|
|2 bed apartments||$180,323||-8.2%|
|3 bed apartments||$231,832||+4.8%|
|4+ bed apartments||$379,119||+4.7%|
During Sep 2020, the average price for an apartment in/near Newark, NJ increased by 4% to $343,338.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1.1% to $102,750. Asking price for 2-bed apartment also decreased by 8.2% and a place of this size will now cost you $180,323. A 3-bed apartment goes for $231,832, it increased by 4.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.7% and made it up to $379,119.
|Listing Type||Sep||vs Last Month|
|Apartments for sale||$360,522||+4.7%|
|Houses for sale||$295,543||+3.2%|
|Duplexes for sale||$439,770||+3.9%|
|Townhouses for sale||$269,111||-7.7%|
|Condos for sale||$217,037||-6.1%|
|Lofts for sale||$433,185||-21.1%|
The average cost of an apartment in Newark, NJ rised by 4.7% to $360,522. Price reports demonstrate that house price increased by 3.2% this month making it up to $295,543. Condos faced an upward trend these days. The median price for a condo decreased by 6.1%, it’s now available for $217,037. You can now purchase a duplex for just $439,770, duplex price increased by 3.9% this month. The price dynamics of lofts changed, it decreased by 21.1%, the price tag now starts at $433,185. The property value of townhouses decreased by 7.7%, you’ll have to spend around $269,111 to get one.