07104, Newark, NJ

The 7104 zip code of Newark, NJ is home to a population of over 277,000 people. The median household income in this zip code is $50,000, and the median home value is $120,000. Home equity in this zip code has been on the rise for the past few years, with the average home equity increase of 10%. This increase can be attributed to a number of factors including an improving economy and low interest rates.

Despite these positive trends, there are still some areas of concern for homeowners in the 7104 zip code. For example, approximately one-third of homeowners in this zip code are delinquent on their mortgage payments. Additionally, there has been an increase in foreclosure activity in this area over the past few years. However, despite these challenges, overall home equity levels remain high relative to other parts of the country.