Newark, NY Real Estate
According to census data in the year 2000 there were 4,075 housing units in Newark.
This represents a 3% growth from 3,955 in 1990.
Of those housing units, 4,075 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Newark is about 55.6%.
Newark's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Newark were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||2.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.48|
|Median year structure was built||1942|
|Median Value of occupied units||$71,800|
|Median Price asked for vacant units||$76,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.32|
|Median year structure was built||1948|
|Median Monthly Rent asked for vacant units||$414|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||8.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.9%|