Downtown
Newark, New Jersey Homes for Sale
About Downtown
Quick Facts
Current Prices: $249,900 to $350,000
Closed Prices: $151,111 to $384,000
Median Sale Price: $266,250
Association Fee Ranges: $310 to $350
Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home
Age: 1900 to 2012
Sq. Ft.: 2152 Sq. Ft.
Bedrooms: 2 to 5 Bedrooms
Bathrooms: 0 to 2 Bathrooms
Lot Size: 0 - 1 acres
Around Downtown
A number of lofts, luxury condos, and converted office towers are currently or will soon offer options for a great commuter apartment. The city is looking to offer convenient commutes to Manhattan at much better prices than Manhattan, while reviving downtown as a 24-hour city where residents can live, work, and play. In addition to new grocery and convenience stores, a number of fitness centers, medical offices, and business services are available downtown.
While many of the options in the Central Business District are affordable, the cost of living can still be high as many of the buildings are aimed at commuters and require HOA fees. But compared to other major cities in the area, homes here are a bargain, especially when you factor in the size of the units, the amenities offered, and the distance to and from work. Generally speaking, prices may be a little higher the closer you get to Newark Penn Station.
Newark has an internationally renowned food culture, with Spanish and Portuguese cuisine that rivals anywhere in the world. A number of venues are located between Penn Station and City Hall, as well as a growing bar scene linked to the Prudential Center, home of the New Jersey Devils NHL franchise and one of the nation's leading rock concert venues. Another growing food and bar scene is located just a block northeast of Military Park. This nightlife district is centered around NJ Performing Arts Center, which attracts some of the world's greatest singers, dancers, actors, and performers.
Professionals rush about to their place of work, whether in the neighborhood or in New York. Military Park is a major venue for festivals, food, and other amenities, while NJ PAC hosts regular outdoor concerts for the public. Newark Museum, located next to the main branch of the Newark Public Library, is a year-around attraction.
Prudential Center, a five-minute walk from Newark Penn Station, hosts world-famous rock bands, hip hop concerts, sports, and family entertainment. Newark has a thriving jazz scene that often performs downtown. Check listings for NJ PAC, and look out for many after work parties at nightclubs or local pubs.
Brunch is served at many local restaurants with gospel music. You can also take a stroll along nearby public parks and walking paths along the Passaic. Restaurants and bars abound near Prudential Center and the Ironbound.
Newark Penn Station is the central rail connection for NJ Transit and Amtrak to Manhattan, as well as Newark Liberty International Airport and other points in North, Central, and South Jersey. The station also connects to midtown Manhattan, Wall Street, Jersey City, and Hoboken via PATH and is the main bus terminal for service into Manhattan and across the state of New Jersey. Taxi service is widely available here to points across the city and suburban areas as well as Newark Liberty Airport. Newark Broad Street connects NJ Transit rail service to Hoboken and New York Penn Station and offers service to Montclair and several points west in New Jersey. Newark Light Rail service connects Newark Penn and Newark Broad Street to major points in downtown, including universities, hospitals and connecting bus service all the way up to Bloomfield, N.J.
Locals Love
- Easy commute
- Relatively low cost of living
- Great restaurants and nightlife
Locals Don't Love
- Traffic and noise
- Little greenspace
- Few housing options
Neighborhood Reviews
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