North Ironbound Home Prices & Values

$245,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.6% 1-year change
  • -0.6% 1-year forecast

The median home value in North Ironbound is $245,600. North Ironbound home values have declined -0.6% over the past year and Zillow predicts they will fall -0.6% within the next year. The median list price per square foot in North Ironbound is $155, which is higher than the Newark average of $79. The median price of homes currently listed in North Ironbound is $274,000 while the median price of homes that sold is $226,765.

Foreclosures will be a factor impacting home values in the next several years. In North Ironbound 1.3 homes are foreclosed (per 10,000). This is greater than the Newark value of 0.6 and also lower than the national value of 4.4

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Relative ZHVI
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North Ironbound Market Overview

Data through Jul 31, 2014
  • $245,600 ZHVI
  • -0.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $274,000 Median listing price
  • No recent data Median sale price
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North Ironbound Market Health

Data through Jul 31, 2014
  • 2.1/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1.3 homes(May 31, 2014) North Ironbound
0.6 homes(Jun 30, 2014) Newark
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
South Ironbound $279,800 South Broad Street $222,200 Upper Clinton Hill $193,700
Fairmuont $176,900 Lower Roseville $175,700 West Side $166,400
Seventh Avenue $165,100 University Heights $146,200 Springfield-Belmont $142,000

Listings & Sales

Data through Jul 31, 2014
  • $155 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.2% Listings with price cut
32.3%
Sold below listing
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North Ironbound Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,478 North Ironbound
$1,450 Newark
$1,318 United States
  • 6.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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