8 Newark, NJ Neighborhoods with the Best Bang for Your Buck

Newark, New Jersey is a city with a diverse range of neighborhoods, each offering a unique character and lifestyle. Some neighborhoods are more expensive than others, but there are plenty of areas in Newark that offer great value for your money. Here are eight Newark neighborhoods with the best bang for your buck.

1. Ironbound 

Ironbound is a historic neighborhood located in the eastern part of Newark, known for its Portuguese and Spanish influences. It features a variety of restaurants, cafes, and shops that make it a popular destination for both locals and visitors. Despite its popularity, Ironbound remains an affordable neighborhood, with a median home price of $335,000.

2. University Heights 

University Heights is a neighborhood located near the Newark campus of Rutgers University. It's a great option for students and young professionals due to its affordable rent prices, easy access to public transportation, and proximity to amenities like cafes, bars, and restaurants.

3. Weequahic 

Weequahic is a suburban-like neighborhood located in the southeast corner of Newark. It features a variety of single-family homes, parks, and green spaces, making it a great option for families. The median home price in Weequahic is $193,000, making it an affordable option for those on a budget.

4. Lower Broadway 

Lower Broadway is a neighborhood located just west of Downtown Newark. It's an up-and-coming area that has seen a lot of new development in recent years, including a new shopping center and several residential buildings. The median home price in Lower Broadway is $153,000, making it a very affordable option.

5. Dayton 

Dayton is a small neighborhood located just north of Downtown Newark. It's a great option for those who want to live near the city center without paying downtown prices. Dayton features a mix of single-family homes and multi-family buildings, with a median home price of $221,000.

6. Upper Clinton Hill 

Upper Clinton Hill is a neighborhood located in the southwestern part of Newark. It features a mix of historic homes and new construction, making it a great option for those who want the charm of an older home with modern amenities. The median home price in Upper Clinton Hill is $270,000.

7. West Side 

West Side is a neighborhood located just west of Downtown Newark. It features a variety of housing options, from single-family homes to apartments, making it a great option for those who want flexibility. The median home price in West Side is $193,000.

8. North Broadway 

North Broadway is a neighborhood located just north of Lower Broadway. It's a great option for those who want to live in an up-and-coming area that's still affordable. The median home price in North Broadway is $163,000.

Newark has many great neighborhoods that offer affordable housing options. Whether you're looking for a historic home, a suburban-like area, or a place close to amenities, there's something for everyone in Newark. By considering these eight neighborhoods, you'll be able to find a great place to live that won't break the bank.