Find property management in Newark, NJ
Learn what to look for, compare Newark management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Newark Property Managers (112)
Showing all property managers in Newark. Describe your property to show only the managers who offer the services you're looking for.
Cambridge Property Management Services
- Cambridge is a full service property management company specializing in condominium and homeowner associations. View full company profile
TAKTA Property Management
- TAKTA Property Management’s provides a full service of all your property management needs. Our motto is that we work hard to protect your investment so you don’t have to View full company profile
Cervelli Property Management
- Everything we do is focused on the ultimate goal of maximizing your cash flow and increasing the net value of their investments. From marketing to accounting to maintenance issues, we will develo... View full company profileTop rated property management
- Here at Top-Rated, we are transparent about the way we conduct business. We pay close attention to how well they follow through on what we say and if they stick to our promises. We hold ourselves... View full company profile
mem property management corporation
- With mem property management, you have a team, not just a single property manager. Each property manager receives direct supports from both the regional manager and the President of mem property ... View full company profile
GEM Property Management
- Full service New Jersey real estate management firm, comprised of highly qualified professionals with extensive experience in property management, construction, financial advisory and administrat... View full company profileCervelli Property Management
- Everything we do is focused on the ultimate goal of maximizing your cash flow and increasing the net value of their investments. From marketing to accounting to maintenance issues, we will develo... View full company profile
Alliance Property Management LLC
- We provide property management services that result in an unsurpassed and memorable experience for our clients. We manage our business with the highest degree of integrity, honesty, and professio... View full company profile
Baldoni Real Estate Management Group
- A full service management company that manages small to mid size associations. With backgrounds in Real Estate, Accounting, Project Management and Architecture, we have every aspect of Real Estat... View full company profile
ProRealtyUSA.com
- ProRealty is a Full-Service property management and real estate brokerage firm that provides Homeowner Associations with a complete and holistic solution to managing their property. 5-Star rated ... View full company profile
SoJay Property Management
- SoJay Property Management is a full service property management and real estate company that will provide you with competent, honest and responsive service for homeowner associations, condominium... View full company profileSwedesboro, NJ 08085
Growth Properties Hospitality Management
- We are a professional Hotel, Condo-Hotel and Condominium Association Rental Program management company with more than 30 years of experience with an active, hands on approach to management. View full company profileMarket Info
Newark Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Newark property management companies to find and get quotes from multiple property managers in Newark, New Jersey. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
| Newark | New Jersey | U.S. | |
|---|---|---|---|
| Median Home Value | $423,800 | $365,400 | $192,400 |
| Owner Costs > 30% Income | 16.9% | 17% | 14.7% |
| Gross Rent > 30% Income | 21% | 20.2% | 19.2% |
Newark Housing Market Stats
As of 2008, the rental vacancy rate in Newark stood at 7%, relatively low compared to the rest of the country. There are about 841,172 housing units, averaging $423,800 in value, 36% of which are occupied by renters. The rent to price ratio in Newark is 0.2%, slightly lower than the New Jersey average. For 21% of Newark tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Newark | New Jersey | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 30.6 | 29.5 | 25.3 |
| Median Age | 38.5 | 38.3 | 36.7 |
| Avg Household Size - Owners | 2.92 | 2.82 | 2.7 |
| Avg Household Size - Renters | 2.4 | 2.4 | 2.42 |
| Median Household Income | $71,041 | $68,241 | $52,175 |
| Per Capita Income | $36,962 | $34,415 | $27,466 |
Newark Demographic Info
Newark has a population of 2,120,058, comprised of 761,087 households, with on average 3 members per household. Out of approximately 1,115,887 people in the civilian workforce, 1,046,804 (94%) were employed in 2008. 86% of the population 25 and older has earned a high school diploma, with 36% holding a 4 year college degree.
Community Info
Newark Community Info
Newark is the largest city in the state of New Jersey, and it is the 65th largest city in the United States. Newark serves as the county seat of Essex County. Newark is located about 8 miles west of Manhattan and about 2 miles north of Staten Island. Newark has a total area of 24.14 square miles, which makes the city the second smallest land area out of the 100 most populated cities in the United States.
Newark is the second most diverse city in the state of New Jersey. Newark has neighborhoods that are filled with people from a variety of different backgrounds, including but not limited to African Americans, Puerto Ricans, Italians, Jamaicans, Mexicans, Portuguese, and many more. Based on the 2000 Census Report the racial makeup in the city of Newark was as follows: 53.46% African American, 26.52% White, 1.19% Asian, .37% Native American, .05% Pacific Islander, 14.05% from other races, and 29.74% of the entire population from any race were Hispanic.
One of the biggest problems that the city of Newark faces is poverty among its residents. In an attempt to lower the percentage of people, living in poverty the city recently went through revitalization. What lead to the problem of poverty was the 1967 riots. These riots caused many white and black middle class families and households to flee the area in search of better living opportunities. The population loss continued to the 1990s, overall the city lost over 100,000 residents. As of the 2000 Census Report 28.4% of the population and 25.5% of the families in Newark were living below the poverty line.
The economy in Newark has over 300 different types of businesses, including 1,800 retail establishments, 540 wholesale establishments, 8 major bank headquarters, and Newark is the third largest insurance center in the United States. Even with how many businesses contribute to the economy, the unemployment rate is still high, as of 2003, the unemployment rate was 12%.