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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

East Newark, NJ Housing Affordability Index

East Newark, New Jersey has an MBR Housing Affordability Index score of 53.2 (Significantly Less Affordable) as of October 30, 2026, ranking 453rd most affordable of 455 scored New Jersey cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $470,300 home with 20% down, the New Jersey average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $2,571, or 63% of the city’s $48,646 median household income.

The MBR Housing Affordability Index (MBR-HAI) for East Newark is updated every night from live New Jersey mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

East Newark MBR-HAI 53.2 Significantly Less Affordable
Rank in New Jersey 453 of 455 1 = most affordable
New Jersey 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% New Jersey lenders
Median home value $470,300 U.S. Census Bureau

East Newark is 30.3 points below the New Jersey score. Scores as of October 30, 2026. See the New Jersey index

View East Newark Mortgage Rates

What It Takes to Buy in East Newark

$2,571/mo
Principal & Interest
Median home, 20% down, 7.27%
$110,200
Income Needed
To keep the payment at 28% of income
$48,646
Median Household Income
New Jersey: $103,556
9.7x
Price-to-Income Ratio
New Jersey: 4.4x
$2,191/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$8,536/yr
Median Property Tax
1.82% of median value
73.4%
Owner Cost Burden
Owners spending 30%+ of income on housing
59.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for East Newark, New Jersey. The rate is the New Jersey average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

How East Newark Ranks in New Jersey

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Cite the East Newark Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. East Newark, New Jersey score: 53.2 (Significantly Less Affordable), ranked 453 of 455 New Jersey cities. monitorbankrates.com/housing-affordability-index/new-jersey/east-newark”