Newark, NJ 07112

Published March 2024

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 68
Days Above 95°F 10
Rainy Days 147
Humid Days 147
Days in 40s 43
Days in 50s 73
Days in 60s 69
Days in 70s 57
Days in 80s 69
Days in 90s 44
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 53% 48%
20°F - 70°F 53% 48%
30°F - 70°F 53% 37%
40°F - 70°F 50% 10%
50°F - 70°F 38% 11%
10°F - 80°F 69% 46%
20°F - 80°F 69% 46%
30°F - 80°F 69% 36%
40°F - 80°F 66% 14%
50°F - 80°F 54% 18%
10°F - 90°F 87% 63%
20°F - 90°F 87% 63%
30°F - 90°F 87% 52%
40°F - 90°F 84% 26%
50°F - 90°F 73% 31%
10°F - 100°F 100% 23%
20°F - 100°F 100% 23%
30°F - 100°F 100% 7%
40°F - 100°F 96% 26%
50°F - 100°F 85% 35%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 10% 43% 2339 1683 238 - 418 -
40k - - 13% 61% 5540 4290 490 - 760 -
70k - - 17% 70% 12319 9991 997 - 1330 -
22k - 66k 16% 18% 3692 1683 238 1353 418 -
40k - 120k 20% 23% 8000 4290 490 2460 760 -
70k - 210k 23% 26% 16624 9991 997 4305 1330 -
100k - 300k 26% 22% 26200 15886 2263 6150 1901 -
200k - 600k 34% 15% 68092 43821 8169 12300 3802 -
400k - 1.2M 38% 11% 155732 102619 20909 24600 7604 -
800k - 2.4M 44% 11% 359956 249158 46389 49200 15208 -
1.6M - 4.8M 49% 9% 797916 556279 112819 98400 30417 -
100k 50k 450k 22% 17% 33009 15886 5046 9225 2851 -
200k 100k 900k 28% 12% 84125 45433 14539 18450 5703 -
400k 400k 2.4M 33% 11% 265729 154932 46389 49200 15208 -
800k 1M 5.4M 38% 9% 684884 409206 130759 110700 34219 -
1.6M 3.2M 14.4M 42% 6% 2021024 1184962 449610 295200 91252 -
1 150k 450k 17% 18% 26236 9112 5047 9225 2851 -
1 300k 900k 23% 12% 70304 31612 14539 18450 5703 -
1 800k 2.4M 27% 11% 217410 106612 46389 49200 15208 -
1 1.8M 5.4M 31% 9% 573061 297382 130759 110700 34219 -
1 4.8M 14.4M 36% 6% 1733444 897382 449610 295200 91252 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 523684
Median Days on Market 68
3000SF Builder Grade Projected Cost 569678
3000SF Designer Grade Projected Cost 1424197
3000SF Estate Grade Projected Cost 2848394
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 526 210 105
200k Builder Grade 1000sf 1053 421 210
300k Builder Grade 1000sf 1579 631 315
400k Builder Grade 2000sf 2106 842 421
500k Builder Grade 2000sf 2633 1053 526
600k Builder Grade 3000sf 3159 1263 631
700k Builder Grade 3000sf 3686 1474 737
800k Builder Grade 4000sf 4212 1685 842
900k Builder Grade 4000sf 4739 1895 947
1M Builder Grade 5000sf 5266 2106 1053
1.25M Builder Grade 5000sf 6582 2633 1316
1.5M Designer Grade 3000sf 7899 3159 1579
1.75M Designer Grade 3000sf 9215 3686 1843
2M Designer Grade 4000sf 10532 4212 2106
2.25M Designer Grade 4000sf 11848 4739 2369
2.5M Designer Grade 5000sf 13165 5266 2633
2.75M Designer Grade 5000sf 14481 5792 2896
3M Estate Grade 3000sf 15798 6319 3159
3.5M Estate Grade 3000sf 18431 7372 3686
4M Estate Grade 4000sf 21064 8425 4212
4.5M Estate Grade 4000sf 23697 9479 4739
5M Estate Grade 5000sf 26330 10532 5266
7.5M Estate Grade 7000sf 39495 15798 7899
10M Estate Grade 7000sf 52661 21064 10532