Newton, NJ—07860
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newton, NJ
As of Oct '25, the median home price in Newton, NJ is $435,000, with a year-over-year change of 2.4%. This indicates that home prices in Newton, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $435,000 | 2.4% |
| Single Family | $441,000 | 2.1% |
| Condos | $324,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $279,000 | 6.5% |
2 Bed | $346,000 | 5.2% |
3 Bed | $432,000 | 4.6% |
4 Bed | $576,000 | 5.7% |
| 5 Bed | $672,000 | 6.0% |
% of Housing Stock
Rental Trends — Newton, NJ
As of July '25, Rentcast reports the average rent in Newton, NJ is $2,140, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Newton, NJ is 1-bedrooms: $1,560, 2-bedrooms: $2,100, 3-bedrooms: $2,960, 4-bedrooms: $4,200. The most common rental property sizes in Newton, NJ are 2-bedroom and 1-bedroom, accounting for 36.6% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,560 |
| 2 Bed Rent | $2,000 | $2,100 |
| 3 Bed Rent | $2,800 | $2,960 |
| 4 Bed Rent | $3,800 | $4,200 |
% of Rental Stock
Property Listings — Newton, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Newton, NJ is 43. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $469,000 | 1.0% |
Listing Count | 110 | 11.0% |
| Listings as % of Homes | 0.6% | 11.0% |
Days on Market | 43 | 2.0% |
Demographics — Newton, NJ
As of the latest ACS Survey released in 2023, Newton, NJ has a population of 26,500, which has increased by 4.3% over the past 5 years. Newton, NJ is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | 4.3% |
% Under 18 | 19.6% | 3.2% |
% Seniors | 22.0% | 17.0% |
% WFH | 10.5% | 90.9% |
% w/ College Degree | 40.2% | 18.6% |
As of the latest ACS Survey released in 2023, Newton, NJ is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Newton, NJ is hispanic, making up 7.7% of the population. Foreign-born residents account for 6.2% of the population in Newton, NJ, and this percentage has decreased by 23.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.9% | -2.6% |
% Black | 2.8% | 40.0% |
% Hispanic | 7.7% | -15.4% |
% Asian | 1.3% | -23.5% |
% Foreign Born | 6.2% | -23.5% |
Mortgage and Risk — Newton, NJ
According to HUD data as of 2023, there were 516 mortgage originations in Newton, NJ, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Newton, NJ. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 516 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Newton, NJ
As of 2024, the percent of homes in Newton, NJ under the Section 8 program is 15.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Newton, NJ, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 382 |
Total Units Section 8 | 302 |
% Rentals under Section 8 | 15.8% |
% Occupied Section 8 | 95.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,550 | $1,600 |
| 2 Bedroom | -$60 | $2,000 | $1,940 |
| 3 Bedroom | -$360 | $2,800 | $2,440 |
| 4 Bedroom | -$1,020 | $3,800 | $2,780 |
Affordability — Newton, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $435,000 |
| Median Household Income | $104,000 |