Newark, NJ 07114

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 517481
Median Days on Market 71
3000SF Builder Grade Projected Cost 644772
3000SF Designer Grade Projected Cost 1611930
3000SF Estate Grade Projected Cost 3223860
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 465 186 93
200k Unstable 930 372 186
300k Builder Grade 1000sf 1395 558 279
400k Builder Grade 1000sf 1861 744 372
500k Builder Grade 2000sf 2326 930 465
600k Builder Grade 2000sf 2791 1116 558
700k Builder Grade 3000sf 3256 1302 651
800k Builder Grade 3000sf 3722 1488 744
900k Builder Grade 4000sf 4187 1675 837
1M Builder Grade 4000sf 4652 1861 930
1.25M Builder Grade 5000sf 5816 2326 1163
1.5M Builder Grade 5000sf 6979 2791 1395
1.75M Designer Grade 3000sf 8142 3256 1628
2M Designer Grade 3000sf 9305 3722 1861
2.25M Designer Grade 4000sf 10468 4187 2093
2.5M Designer Grade 4000sf 11632 4652 2326
2.75M Designer Grade 5000sf 12795 5118 2559
3M Designer Grade 5000sf 13958 5583 2791
3.5M Estate Grade 3000sf 16284 6513 3256
4M Estate Grade 3000sf 18611 7444 3722
4.5M Estate Grade 4000sf 20937 8375 4187
5M Estate Grade 4000sf 23264 9305 4652
7.5M Estate Grade 6000sf 34896 13958 6979
10M Estate Grade 7000sf 46528 18611 9305