USA.com / New Jersey / Essex County / Newark, NJ / 07112 / Housing

07112 Zip Code Housing

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As of 2010-2014, median price of a house in 07112 Zip Code is $221,400, which is lower than the state average of $319,900 and is higher than the national average of $175,700. The 07112 Zip Code median house value has grown by 79.71% since 2000. The growth rate for the price of a house in 07112 Zip Code is lower than the state average rate of 87.30% and is higher than the national average rate of 46.91%. The median year that a house in 07112 Zip Code was built is 1953, which is older than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,661 Owner Occupied Houses in 07112 Zip Code, see rank

07112 Zip Code	221,400 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

07112 Zip Code	79.71%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	07112 Zip Code	New Jersey	U.S.
Total Housing Units	11,624, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	9,370, 80.61%, see rank	89.26%	87.55%
Owner Occupied	2,661, 22.89%, see rank	58.06%	56.34%
Renter Occupied	6,709, 57.72%, see rank	31.20%	31.21%
Vacant Housing Units	2,254, 19.39%, see rank	10.74%	12.45%
For Rent	840, 7.23%, see rank	2.18%	2.34%
For Sale Only	189, 1.63%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	74, 0.64%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	1,151, 9.90%, see rank	3.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #466

07112 Zip Code	New Jersey	U.S.
1953	1966	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	07112 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	2,661	100%	2,073,915	74,787,460
With a Mortgage	1,985	74.60%, see rank	69.83%	65.58%
Without a Mortgage	676	25.40%, see rank	30.17%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

07112 Zip Code	2,184 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	07112 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	0	0.00%, see rank	0.83%	5.01%
$700 to $999	70	3.53%, see rank	2.80%	14.32%
$1,000 to $1,499	246	12.39%, see rank	11.13%	27.90%
$1,500 to $1,999	487	24.53%, see rank	17.94%	20.35%
$2,000 to $2,999	806	40.60%, see rank	36.29%	19.52%
$3,000 or More	376	18.94%, see rank	30.63%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

07112 Zip Code	37.20% of the Total Income
New Jersey	27.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	07112 Zip Code	%	New Jersey	U.S.
10% or Less	38	1.91%, see rank	3.98%	5.86%
10% to 20%	184	9.27%, see rank	23.73%	31.95%
20% to 30%	460	23.17%, see rank	28.42%	27.64%
30% to 40%	425	21.41%, see rank	16.62%	13.74%
40% or More	878	44.23%, see rank	26.85%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

07112 Zip Code	850 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	07112 Zip Code	%	New Jersey	U.S.
$199 or Less	27	3.99%, see rank	1.19%	7.76%
$200 to $299	0	0.00%, see rank	1.66%	14.70%
$300 to $499	48	7.10%, see rank	6.42%	34.63%
$500 to $699	95	14.05%, see rank	13.17%	21.16%
$700 or More	506	74.85%, see rank	77.56%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

07112 Zip Code	21.90% of the Total Income
New Jersey	18.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	07112 Zip Code	%	New Jersey	U.S.
10% or Less	93	13.76%, see rank	21.71%	40.19%
10% to 20%	207	30.62%, see rank	32.37%	31.47%
20% to 30%	127	18.79%, see rank	16.94%	12.24%
30% to 40%	115	17.01%, see rank	9.46%	5.64%
40% or More	134	19.82%, see rank	18.56%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	07112 Zip Code	New Jersey	U.S.
Total Housing Units	11,624, 100%	3,572,138	132,741,033
1-unit, Detached	2,012, 17.31%, see rank	53.67%	61.65%
1-unit, Attached	251, 2.16%, see rank	9.26%	5.82%
2 Units	2,151, 18.50%, see rank	9.53%	3.75%
3 or 4 Units	3,815, 32.82%, see rank	6.43%	4.43%
5 to 9 Units	449, 3.86%, see rank	4.80%	4.78%
10 or More Units	2,911, 25.04%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	35, 0.30%, see rank	0.98%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	07112 Zip Code	New Jersey	U.S.
Total Housing Units	11,624, 100%	3,572,138	132,741,033
1 Room	431, 3.71%, see rank	2.71%	1.95%
2 Rooms	313, 2.69%, see rank	2.15%	2.48%
3 Rooms	1,935, 16.65%, see rank	10.30%	9.13%
4 Rooms	2,390, 20.56%, see rank	15.19%	16.60%
5 Rooms	2,545, 21.89%, see rank	16.72%	20.41%
6 Rooms	2,186, 18.81%, see rank	16.15%	18.06%
7 Rooms	741, 6.37%, see rank	12.48%	12.27%
8 Rooms	515, 4.43%, see rank	10.49%	8.48%
9 Rooms or More	568, 4.89%, see rank	13.81%	10.60%
Median Rooms	4.80, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	07112 Zip Code	New Jersey	U.S.
Total Housing Units	11,624, 100%	3,572,138	132,741,033
No Bedroom	469, 4.03%, see rank	2.88%	2.17%
1 Bedroom	2,641, 22.72%, see rank	14.18%	11.16%
2 Bedrooms	4,157, 35.76%, see rank	25.93%	26.69%
3 Bedrooms	3,307, 28.45%, see rank	32.62%	39.70%
4 Bedrooms	684, 5.88%, see rank	18.83%	16.05%
5 or More Bedrooms	366, 3.15%, see rank	5.56%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	07112 Zip Code	New Jersey	U.S.
Total Housing Units	9,370, 100%	3,188,498	116,211,092
Utility Gas	6,377, 68.06%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	166, 1.77%, see rank	1.94%	4.86%
Electricity	1,212, 12.93%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	1,573, 16.79%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	0.44%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	20, 0.21%, see rank	0.32%	0.47%
No Fuel Used	22, 0.23%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	07112 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	6,540, 100%	1,077,463	39,201,928
$199 or Less	240, 3.67%, see rank	1.46%	1.50%
$200 to $299	163, 2.49%, see rank	3.04%	3.18%
$300 to $499	279, 4.27%, see rank	3.86%	7.37%
$500 to $699	636, 9.72%, see rank	4.64%	16.01%
$700 to $999	2,134, 32.63%, see rank	19.19%	29.17%
$1,000 to $1,499	2,314, 35.38%, see rank	40.89%	26.88%
$1,500 to $1,999	687, 10.50%, see rank	17.11%	9.79%
$2,000 or More	87, 1.33%, see rank	9.81%	6.10%
Median	$976, see rank	$1,188	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	07112 Zip Code	New Jersey	U.S.
Occupied Housing Units	9,370, 100%	3,188,498	116,211,092
No Vehicles Available	3,094, 33.02%, see rank	11.70%	9.12%
1 Vehicles Available	4,202, 44.85%, see rank	34.71%	33.80%
2 Vehicles Available	1,489, 15.89%, see rank	36.16%	37.48%
3 or More Vehicles Available	585, 6.24%, see rank	17.43%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.