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Newark, New Jersey · updated every night
Bank-owned and price-cut homes for sale in Newark, NJ
Looking to buy a home in Newark, New Jersey for less than it's worth? 110 bank-owned, short-sale and price-cut homes are for sale here today, with a typical asking price of $650,000. 9 are priced at least 10% below our estimate of their value.
Homes listed
110
Refreshed every night
Typical asking price
$650,000
From $199,900 to $2,000,000
10% or more below our estimate
9
Of 39 homes with an estimate
Typical gap on those
18%
Below our estimate, not a valuation
Best-rated homes in Newark right now
Chosen by our rating, which weighs price against value and how easily the home would resell. Homes in the US are shown to members: a free account takes a minute and no card.
Rated AAIllustration, not this homeNewark, New Jersey
Home
- Price band
- Over $400k
- Street and price
52% below our estimate
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Rated AAIllustration, not this homeNewark, New Jersey
5-bedroom home
- Price band
- Over $400k
- Street and price
49% below our estimate
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Rated AAIllustration, not this homeNewark, New Jersey
11-bedroom home
- Price band
- Over $400k
- Street and price
29% below our estimate
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Rated AAIllustration, not this homeNewark, New Jersey
6-bedroom home
- Price band
- Over $400k
- Street and price
25% below our estimate
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Rated AIllustration, not this homeNewark, New Jersey
1-bedroom apartment
- Price band
- $250k to $400k
- Street and price
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Rated AIllustration, not this homeNewark, New Jersey
1-bedroom apartment
- Price band
- $150k to $250k
- Street and price
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Why they are priced low
- Slow to sell110
A home can carry more than one label, so these can add up to more than the total.
By asking price
- Under $75k0
- $75k to $150k0
- $150k to $250k2
- $250k to $400k15
- Over $400k93
By bedrooms
- 1 bedroom2
- 2 bedrooms6
- 3 bedrooms14
- 4 or more83
Plus 4 plots of land, not counted in these figures.
Buying a home below market value in Newark
How many bank-owned, short-sale and price-cut homes are for sale in Newark?
We list 110 in Newark, New Jersey today. The list is refreshed every night, so the number changes as homes sell and new ones come to market.
How much do they cost?
The asking price runs from $199,900 to $2,000,000. The middle figure is $650,000.
Can I really buy a home in Newark for less than it's worth?
Sometimes, not always. Of the 39 homes here with a valuation we can compare against, 9 are priced at least 10% below it, and the typical gap among those is 18%. Our estimate is worked out from official home values and asking prices in the same ZIP code; it is not a survey, so treat it as a starting point and check any home yourself.
Why would a home sell below market value?
Usually for a reason you can check: a bank selling a foreclosed home as-is, a short sale the lender must approve, a seller who has cut the price, or a home that has sat unsold for months. We show the reason at the top of each home's page.
How do I see the homes and their addresses?
A free account lets you browse the homes and unlock one full address each month. Paid membership opens every address, with the negotiation range, viewing requests and alerts for new homes.
Guides for buyers
Other places
Figures are counted from the homes on CasaAlpha Deals for this place and change every night. Valuations are the court valuer's where a court publishes one, otherwise our estimate or a data provider's; none is a survey or an official valuation of the home today. Nothing here is advice; check the details of any home with a professional before you offer or bid.