Realty 33, Inc
REAL ESTATE BLOG
TIPS FOF BUYING & SELLING REAL ESTATE IN UNION & ESSEX COUNTY NJ
NEWARK REAL ESTATE STILL STRONG
Here's a quick 2018 Newark market recap:
Median sales price for single family homes went up an amazing 28%! from $129,000 in 2017 to $165,000 in 2018.
The major reason for this big increase is that there were less foreclosures and more renovated home sales in 2018, which drove up the average.
Average Days-on-Market is down from 86 to 74 ( ⬇ 14%) which is also a big drop, showing the homes were selling super quick last year.
Newark Issues 'CODE BLUE' during Cold Weather Forecast
Crime is Dropping Big Time in Newark, Officials Say
More Downtown Development coming in 2019
At Realty 33, We tap into 25+ years of experience and market know-how to help our clients make streetwise real estate decisions.