HomeNew JerseyEssex CountyNewark
Newark, New Jersey: commercial real estate data.
Newark is a Census city of 310,178 people across 24.14 square miles of land, in Essex County. Median household income is $52,060, 24.4 percent of occupied homes are owned, and the SBA record carries 214 7(a) approvals to borrowers here worth $72.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newark
What Newark is
- Census place typecity
- Land area24.14 sq mi
- Water area1.74 sq mi
- Population per square mile of land12,847
- County holding the largest share of its areaEssex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
How many people live in Newark
- Population310,178
- Median age34.7
- Population under 1876,883
- Share under 1824.8 percent
- Population 65 and over33,507
- Share 65 and over10.8 percent
- Households113,384
- Family households69,452
- Share of households that are families61.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
Income and work in Newark
- Median household income$52,060
- Per capita income$27,193
- Civilian labor force152,345
- Employed134,733
- Unemployed17,612
- Unemployment rate11.6 percent
- Adults 25 and over201,053
- Adults 25 and over with a high school diploma or higher78.3 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent
- Adults 25 and over with a graduate degree6.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
Housing in Newark
- Housing units121,546
- Occupied units113,384
- Vacant units8,162
- Vacancy rate6.7 percent
- Owner occupied27,664
- Renter occupied85,720
- Ownership rate24.4 percent
- Median owner-occupied home value$373,700
- Median gross rent, monthly$1,392
- Annual rent as a share of median income32.1 percent
- Single family units28,172
- Share single family23.2 percent
- Units in buildings of two or more93,070
- Share in buildings of two or more76.6 percent
- Mobile homes276 plus or minus 140
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
How Newark gets to work
- Workers 16 and over who commute119,763
- Commuting under 15 minutes16,870
- Share commuting under 15 minutes14.1 percent
- Commuting 30 minutes or more60,711
- Share commuting 30 minutes or more50.7 percent
- Drove alone49.1 percent
- Carpooled11.4 percent
- Public transport19.3 percent
- Walked5.1 percent
- Worked from home7.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Newark
SBA loans in Newark (7(a))
- Approvals214
- Gross approval$72,164,700
- Average approval$337,218
- Median approval$100,000
- Ninetieth percentile approval$707,000
- Largest approval$3,950,000
- Jobs supported1,852
- Jobs per approval8.7
- Loans with a final outcome38
- Paid in full23
- Charged off15
- Charge-off rate over resolved loans39.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more10.3 percent
- Share to franchises4.2 percent
- Distinct lenders47
- Distinct industries by NAICS106
Counted by borrower city: approvals to borrowers whose address is in Newark, in any county, FY2020 to FY2026.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newark
SBA loans in Newark (504)
- Approvals33
- Gross approval$44,591,000
- Average approval$1,351,242
- Median approval$939,000
- Largest approval$5,000,000
- Jobs supported439
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs6
Counted by borrower city: approvals to borrowers whose address is in Newark, in any county, FY2010 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newark
Flood risk in Newark
- NFIP communityCity of Newark
- NFIP community number340189
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/03/20
The City of Newark participates in the National Flood Insurance Program as community 340189 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Essex County, not Newark
Essex County context, not Newark figures
- Establishments in Essex County19,392
- Covered employment, Essex County349,076
- Average annual pay, Essex County$88,369
- Housing units permitted, Essex County3,827
Every figure in this section is published for Essex County as a whole and is not a measurement of Newark.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Newark questions, answered from the record.
How many people live in Newark, New Jersey?
310,178, in 113,384 households. Newark city covers 24.14 square miles of land, which is 12,847 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Newark in?
Essex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Newark?
$52,060. The median owner-occupied home is valued at $373,700. Median gross rent is $1,392 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Newark businesses?
214 7(a) approvals totaling $72.2 m since FY2020, across 47 lenders, median approval $100,000, plus 33 504 approvals worth $44.6 m since FY2010. These count approvals to borrowers whose address is in Newark, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Newark borrowers get paid back?
Of the 38 loans that have reached a final outcome, 23 were paid in full and 15 charged off, a charge off rate of 39.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Newark in the National Flood Insurance Program?
Yes. Newark appears in the FEMA Community Status Book as Newark, city of, community 340189, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Newark figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Essex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Newark.
Is zoning published for Newark?
No. Nothing on this page presents parcel level zoning.