3-digit ZIP regional index
Home appreciation in ZIP codes 071xxNewark, NJ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 071 changed +4.8% over the year to Q2 2026, compared with +5.5% for New Jersey and +3.0% for the United States.
The region covers ZIP codes 07102–07114. Most of its 2010 population lived in Essex County (100%). Communities in the region include Silver Lake, Clifton, East Orange. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.8%
- 5-year change
- +56.2%
- Since Q1 1995
- +358%
- National rank (1 year)
- 288th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 071 vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 071: 458.0
- New Jersey: 420.2
- Newark, NJ metro: 406.5
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 071 | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.8% | +5.5% | +3.0% | −0.7 pts | +1.7 pts |
| 3 years | +25.7% | +24.2% | +12.9% | +1.5 pts | +12.8 pts |
| 5 years | +56.2% | +58.3% | +41.3% | −2.1 pts | +14.9 pts |
| 10 years | +117% | +99.2% | +93.3% | +18.2 pts | +24.1 pts |
| Since Q1 1995 | +358% | +320% | +292% | +37.8 pts | +66.4 pts |
If you bought in ZIP3 071 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +374% | $1,421,121 |
| Q2 2000 | +297% | $1,189,661 |
| Q2 2005 | +104% | $611,374 |
| Q2 2010 | +109% | $625,798 |
| Q2 2015 | +118% | $654,226 |
| Q2 2020 | +76.7% | $530,172 |
| Q2 2021 | +56.2% | $468,698 |
| Q2 2023 | +25.7% | $377,093 |
| Q2 2025 | +4.8% | $314,288 |
How ZIP3 071 ranks
Over the past year ZIP3 071 ranks 288th of 882 3-digit ZIP regions nationally and 16th of 20 in New Jersey. Its one-year change is +1.7 pts versus the nation and −0.7 pts versus New Jersey. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New Jersey |
|---|---|---|
| 1 year | 288th of 882 | 16th of 20 |
| 3 years | 30th of 882 | 7th of 20 |
| 5 years | 101st of 882 | 12th of 20 |
| 10 years | 122nd of 882 | 4th of 20 |
| Since Q1 1995 | 144th of 879 | 6th of 20 |
Boom, bust, and recovery in ZIP3 071
ZIP3 071's index peaked in Q4 2007, fell 27.5% to its low in Q1 2014, and regained its peak in Q4 2020, about 13 years after the top. Today it sits +71.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 071 | Q4 2007 | Q1 2014 | -27.5% | Q4 2020 (13 yrs) | +71.7% |
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| Metro | Q1 2007 | Q2 2012 | -20.3% | Q4 2020 (13.8 yrs) | +64.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 071's index has changed +107% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 071 after inflation | NJ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.9% | +1.5% | +2.4% | -0.8% |
| 3 years | +9.8% | +14.5% | +13.1% | +13.1% | +2.8% |
| 5 years | +24.0% | +26.0% | +27.6% | +23.9% | +13.9% |
| 10 years | +39.1% | +56.3% | +43.2% | +36.6% | +39.0% |
| Since Q1 1995 | +121% | +107% | +89.8% | +83.6% | +76.8% |
Estimate appreciation for a home in ZIP3 071
Regional estimate
$652,269
- Estimated gain
- $352,269
- Index change
- +117%
- Start index
- 210.64
- End index
- 457.98
ZIP3 071 (Newark, NJ area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 070 · Clifton, NJ area | NJ | +6.4% | +53.0% | +348% |
| 072 · Elizabeth, NJ area | NJ | +6.3% | +53.7% | +307% |
| 073 · Jersey City, NJ area | NJ | +5.7% | +45.1% | +354% |
| 103 · New York, NY area | NY | +3.6% | +29.0% | +377% |
| 100 · New York, NY area | NY | +5.7% | +45.1% | +354% |
| 075 · Paterson, NJ area | NJ | +5.7% | +45.1% | +354% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 457.98 |
| Q1 2026 | 448.24 |
| Q4 2025 | 448.93 |
| Q3 2025 | 435.95 |
| Q2 2025 | 437.16 |
| Q1 2025 | 426.57 |
| Q4 2024 | 419.76 |
| Q3 2024 | 414.45 |
| Q2 2024 | 403.90 |
| Q1 2024 | 382.48 |
| Q4 2023 | 393.74 |
| Q3 2023 | 378.31 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 071?
- Based on FHFA HPI® data for 3-digit ZIP region 071, the regional index changed +4.8% over the year to Q2 2026, +56.2% over five years, +117% over ten years, and +358% since Q1 1995.
- Is ZIP3 071 appreciating faster than New Jersey and the U.S.?
- Over the past year the region's index +4.8% compares with +5.5% for New Jersey and +3.0% for the U.S., a gap of +1.7 pts versus the nation. Over five years the gap versus the nation is +14.9 pts.
- Which ZIP codes are in 3-digit ZIP region 071?
- All ZIP codes that begin with 071. Census 2010 ZIP Code Tabulation Areas in this region run from 07102 to 07114 (12 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.