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A Decade in Housing Unaffordability: Mortgage Burden Worsens in 51 of 100 Largest U.S. Cities

Point2Homes

Newark, NJ is the only market to exit the unaffordability list: the city’s mortgage unaffordability rate decreased from 34% in 2010 to 27% 10 years later. Newark, N.J., The number of cities where mortgages alone take up more than 30% of homeowners’ income is 15 in 2020, up from 13 in 2010.

Mortgages 117
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8 Popular Newark Neighborhoods: Where to Live in Newark in 2024

Redfin

With its close proximity to New York City, Newark, NJ, draws residents from all over looking for a city lifestyle without the price tag. Whether it’s the beautiful Branch Brook Park, the renowned New Jersey Performing Arts Center, or the charming Ironbound neighborhood, Newark always has something to explore and enjoy.

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Thinking Outside the Box: Your Guide to Shipping Container Home Design

HomeLight

In port cities, whether you’re in Newark or Los Angeles, stacked containers create a powerful imagery on the landscape,” he said. These days, though, the trend is to build more architecturally interesting buildings, and those come with a larger price tag, says Aaron Burch, owner of Discover Containers.

Design 63
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What It Costs to Remodel a Kitchen: Here’s the Typical Price Tag

HomeLight

Top real estate Douglas Huebner , who specializes in buyer-focused renovations as the CEO and principal designer of The Habitatilist in Newark, NJ, details an easy makeover: “A minor remodel could be something easy for a homeowner to do. They could easily just change out the hardware and the backsplash.

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From Sunbelt Cities to Small Suburban Towns: 9 Real Estate Markets Worth Watching in 2021

HomeLight

And buyers are showing up in droves, snatching up homes from Newark to Montclair to Millburn. Interesting fact: A train links Essex County directly to Manhattan for suburban dwellers who want to partake in city life without the higher price tag. Median household income: $61,510.

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NYC Real Estate Market 2020 Overview

Marco Santarelli

The median list price per square foot in New York is $660, which is higher than the New York-Newark-Jersey City Metro average of $294. The median rent price is $2,900, which is lower than the New York-Newark-Jersey City Metro median of $2,950. This is lower than the New York-Newark-Jersey City Metro value of 0.9

Marketing 142