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Newark, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
6
Sold (12M)
43
Median Price
$265K
Market Condition
Very Hot Seller's Market

Newark, New Jersey Market Meter

Buyer'sSeller's
Very Hot Seller's Market

2.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$265K
Avg Price/Acre
$4.3M
Avg Days on Market
196
Months of Supply
2.0
YoY Price Change
+42.9%
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-51836
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL051836
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres36 sold / 5 listed

Median Price by Acreage

$0$129K$258K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$20.2M
Last 12 months
Active Listings
6
Current inventory
Avg Days on Market
196
Time to sell
Price Trend (YoY)
+42.9%
Year over year

Newark, New Jersey Land Market Analysis

How much is land worth in Newark, New Jersey?

The median price for land in Newark, New Jersey is currently $4.3M per acre. For a typical parcel, the median sale price is $265K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $154K while premium lots reached $917K.

Is now a good time to buy land in Newark, New Jersey?

Newark, New Jersey is currently a very hot seller's market with 2.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 42.9% year-over-year.

What is the months of supply for land in Newark, New Jersey?

Newark, New Jersey currently has 2.0 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.

What is the total amount sold in Newark, New Jersey last year?

Over the past 12 months, Newark, New Jersey saw 43 properties sold, totaling $20.2M in sales volume. In just the last 3 months, 9 properties changed hands.

What is the total land for sale in Newark, New Jersey?

There are currently 6 active listings in Newark, New Jersey. 3 new listings have hit the market in the last 90 days. The median asking price is $1.1M.

How long does it take to sell land in Newark, New Jersey?

Land in Newark, New Jersey typically sells within 196 days of listing. The median time on market is 59 days. Properties are moving slowly in the current very hot seller's market.

Is now a good time to invest in land in Newark, New Jersey?

The current absorption rate in Newark, New Jersey is 50.0% (3-month basis), indicating strong demand. With appreciating values (+42.9% YoY), the market shows growth potential. The top-performing broker in this market is Keller Williams Park Views.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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