HomeDataUSA

Newark vs Elizabeth: Housing

NewarkElizabeth
Median Home Value$373,700$449,300
Median Gross Rent$1,392/mo$1,523/mo
Homeownership Rate24.4%25.6%
Rent as Share of Income32.1%27.5%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.