Newark, NJ

Population: 281,764

Number people living below poverty level: 29.1%

Median home price: $258,889

Home price value: $227,001 - $340,000 33.9%

Median rent: $1,558

Percentage of owner occupied: 20.7%

Percent of renters: 79.3%

Percent of vacant homes: 15.1%

Most common home type: SMALL APARTMENT BUILDINGS 47.5%

Average annual home appreciation rate: 3.70%

Median sale price: no data

Median foreclosure sale price: no data

Number of homes: 1,457

Total of homes for sale in this market: 257

Foreclosure discount: no data

Unemployment rate: 7.80%