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 Size

Housing Units by Size
Studio Type2.10%
One Bedroom16.80%
Two Bedrooms30.40%
Three Bedrooms35.10%
Four Bedrooms12.80%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1942
Median Value of occupied units$71,800
Median Price asked for vacant units$76,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1948
Median Monthly Rent asked for vacant units$414

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.60%
Home Equity Loan8.40%
Simple Mortgage43.10%
Debt Free41.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%