Business & Tech
RealWatch Newark: Real Estate Market Activity Sept. 22-29
This weekly overview of new listings, price reductions and sales provides insight for people who are thinking of buying or selling a home.
Weekly real estate update for Newark market activity during the last seven days (single family homes):
- 3 - Newly Listed Homes for Sale (last week)
- 6 - Price Changes of Previously Listed Homes (last week)
- 6 - Sold Homes (last week)
Over all Property Inventory Statistics for Single Family, Condos and Townhouses:
- 82 - Total Number of Properties Currently For Sale in Newark
- 59 percent of the total number of homes (48 properties) for sale in Newark are distressed sales (REO, Short Sale, Auction)
List Price Neighborhood $/SqFt Address/Bed/Bath/SqFt $465,000 Newark $286 38403 Jacaranda Dr. 4 | 2 | 1,624 map $460,000 Olde Towne
$324 37110 Sycamore St. 6 | 2.1 | 1,418 map $289,888 Newark $249 36773 Munyan St. 4 | 2 | 1,163 map Price Reductions in Newark Since Sept. 22
New Price Neighborhood Orig Change Address/Bed/Bath/SqFt $475,900 Carter Station
$487,900 -$12,000 7338 Carter Ave. 4 | 2.1 | 2,006 map $399,000 Nantucket Cove
$410,000 -$11,000 6273 Potrero Dr. 3 | 2.1 | 1,766 map $379,000 Newark $395,000 -$16,000 35966 Bettencourt St. 3 | 2 | 1,272 map $344,900 New Lido
$376,050 -$31,150 6745 Normandy Dr. 3 | 2 | 1,100 map $299,900 Newark $304,900 -$5,000 36646 Darvon Ct. 3 | 2 | 1,190 map $225,000 Other $220,000 +$5,000 6620 George Ave. 4 | 2 | 1,167 map Solds in Newark Since Sept. 22
Sold Neighborhood Orig Change $/SqFt Address/Bed/Bath/SqFt $498,000 Lake Area
$519,950 -$21,950 $274 5194 Bolton Pl. 4 | 3 | 1,818 map $425,000 Newark $449,900 -$24,900 $225 37896 Manzanita St. 4 | 2.1 | 1,887 map $425,000 Newark $434,000 -$9,000 $247 6315 Rubicon Ave. 4 | 3 | 1,718 map $415,000 Newark $429,000 -$14,000 $301 6310 Escallonia Dr. 3 | 2 | 1,379 map $375,000 Newark $375,000 0 $289 7662 Mayhews Landing Rd. 3 | 2 | 1,299 map $250,000 Newark $280,000 -$30,000 $250 6388 Cotton Ave. 3 | 1 | 1,000 map
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