Newark|News|
3 Real Estate Updates In Newark You Should Know About
Development and real estate deals continue to change the face of New Jersey’s largest city. Here are three updates you should know about.

Development and real estate deals continue to change the face of New Jersey’s largest city. Here are three updates you should know about.

National home prices have surged over the past year; the Newark area was no exception.

National home prices have surged over the past year; the Newark area was no exception.
A 62,275-square-foot retail property on Broad Street with “redevelopment potential” has a new owner.
National home prices are have surged over the past year; The Newark area was no exception.
Newark will use some of its federal recovery funds to create affordable housing. Here are some other plans to beef up its housing stock.
It happened around 11:30 a.m. at a vacant home on 15th Avenue near 16th Street.
NJBIA: A development project in Newark has been named a “Good Neighbor” to the community as part of an annual award series.
Some Newark building owners with long-term PILOT agreements are dropping the ball when it comes to maintenance, a councilwoman says.
Newark will use $14 million in federal coronavirus relief funds to help struggling renters and landlords amid the pandemic.
The project will create a “vibrant new neighborhood” in Newark, including housing, storefronts and cultural spaces.
Home prices are slightly higher in the Newark area recently. See how much.
“Affordable” doesn’t always mean you can actually afford it when it comes to living in New Jersey's largest city.
A developer wants to build thousands of residential units at the vacant Bears Stadium site in Newark, including affordable housing.
The fair market rent for a two-bedroom rental increased from the previous year.
The city will again challenge developers and providers to create up to 120 housing units to help end homelessness in Newark.
Only 22 percent of Newark households are homeowners. But these loans can help turn the tide, officials say.
Home prices are expected to stay elevated for the near future. They have increased in Essex County area.
Kawaida Towers will make history as the first "100 percent affordable housing development" in downtown Newark, officials said.
More than three acres of city-owned land near West Side High School will be turned into affordable housing, public parks and retail space.
Learn how the average tax bill broke down in Newark last year. See data for other Essex County towns and cities.
It just got easier to buy abandoned properties in the Brick City. Here's why that's a good thing for Newark, supporters say.
A former NJ assemblyman from Hoboken is one of three people accused of taking part in a “scheme” involving real estate projects in Newark.
Give Siree Morris a vacant lot and there’s a good chance he’ll spin it into gold.
The Newark City Council gave a green light to several real estate projects outside the downtown area. See the list.
Despite COVID-19, the ball is still rolling for projects in a Newark neighborhood that deserves a breath of fresh air, officials say.
The brewery’s giant, beer bottle-shaped water tower remains a fond memory for many longtime Newark residents.
Hundreds of Newark families have swapped rats, feces and mold for a brighter future at Garden Spires and Spruce Spires.
A $10 million facelift took place at the apartment building formerly known as St. James Towers in Newark.
Newark officials temporarily evacuated people from a building before Thanksgiving after city inspectors found rodents, roaches and mold.
Newark is taking action against landlords who rent “uninhabitable apartments” and abuse the subsidized voucher system.
The building will have 60 affordable units, including 15 for homeless people/veterans. Mayor Ras Baraka called the complex “transformative."
A series of public meetings in Newark will shed some light on a new law that can help combat property blight, officials say.
The Donald Payne Vocational Technical School and Newark Museum earned praise for their ambitious development projects.
A $20 million rehab – including new kitchens, bathrooms and heating/air conditioning – is coming for Zion Towers in Newark, officials said.
A newly opened, mixed-use building in Newark is providing affordable housing to 89 local residents and their families, officials say.
Mulberry Commons, a massive public park and open space, provides a walkway from Newark Penn Station to the Prudential Center.
A N.J. attorney admitted he ran a “mortgage fraud scheme” that involved properties in Jersey City, Clifton and Union, prosecutors said.
An employee of the Essex County Sheriff’s Office was charged with attempted extortion. He faces 20 years in jail if convicted.
Newark Mayor: A new apartment complex is a sign that the city’s affordable housing ordinance is working for residents and developers alike.