Moving to Newark is a great choice, as it is an amazing spot with convenient access to the NYC metro area, expansive parks and attractions, and a thriving art and culture scene. Lower rents, top-notch office space, incredible connectivity, and tons of local talent are just some of the reasons to move to Newark if you’re in the tech industry.
To make sure the city is right for you, make sure to read up on the seven things you should know before moving to Newark. These include the cost of living and other expenses, transportation options, unpredictable weather, and more. Lastly, take a look at the city’s attractions and amenities to make sure they are what you’re looking for in a new home.
The Cost Of Living In Newark
The cost of living in Newark is higher than the national average, with housing expenses 54% higher and utility prices 9% higher than the national average. Additionally, basic necessities such as food and clothing are about 13% higher in Newark than the U.S. average. However, there are some pros to living in Newark: lower sales tax and access to nearby public transportation. Also, if you compare Newark with NYC you will find that life in Newark is way more affordable.
To get a better sense of the cost of living in Newark, just make a comparison between the rent in the city and in Newark. On the other hand, expenses such as housing, utilities, food, transportation, healthcare, and other goods and services are pretty decent in here.
Housing and rental market
The Newark housing market is very competitive, scoring 71 out of 100. The median Newark house price is around $350,000, which is still much more affordable than the prices in most boroughs in NYC. The average apartment rent in Newark is $1,700. Knowing this buying a home might be a better option if you’re moving to Newark. Did you know that almost 65% of Newark’s population are renters?
To give you an idea of what to expect, we make a comprehensive list based on the type of home you want and the location you choose will determine the rent you’ll have to pay.
- Newark’s average rent for a studio apartment is $1000
- Newark’s average rent for a 1-bedroom home or apartment is $1,200
- Newark’s average rent for a 2-bedroom home or apartment is $1,400
- Newark’s average rent for a 3-bedroom home or apartment is $1,700
Public transportation and commuting
Since Newark is a major hub in New Jersey for numerous public transportation services, including international airfare and local travel. Newark Penn Station (downtown Newark) offers connections to the subway to NYC (PATH), NJ Transit trains and buses, Amtrak, Greyhound, Bolt Bus, and light rail.
New Jersey Devils Hockey and Prudential Center is a 5-minute walk from Newark Penn Station. New Jersey Performing Arts Center is a 10-minute walk from Newark Penn Station or 1 stop on the Raritan Valley light rail line. The Newark Museum is a 15-minute walk from Newark Penn Station or 2 stops on the North Jersey Coast Line light rail line. So as you can see you can get worn in Newark quite fast and easily.
The Air Train connects passengers at the Newark Penn Station to the Path /NJ Transit to Journal Square and to Hoboken. Newark Airport terminals to New Jersey Transit trains and Amtrak trains that travel roughly 30 minutes to Penn Station in Newark.
If you are moving to Newark with kids then the educational system is something you want to take into consideration. Newark City Schools system serves over 35,000 students in 65 schools, including public district schools and public charter schools. The district is committed to providing quality education to its students and offers several initiatives and programs to ensure students are successful.
You’ll find some of the best schools in New Jersey in Newark. The city is home to many leading elementary, middle, and high schools. Also, this city is suitable for students that are looking for great universities and colleges.
Is Newark Fun To Live In?
Newark is a vibrant city with plenty of attractions and amenities. The Newark Museum of Art is a great place to explore art from different cultures, and the Prudential Center is a popular spot for concerts, sports games, and more. The Jewish Museum of New Jersey is another great spot to explore Jewish history, and the New Jersey Historical Society is a great place to learn about the city’s past.
There are also plenty of parks in Newark, including Branch Brook Park, Weequahic Park, and Vailsburg Park, which offer a variety of outdoor activities. Additionally, there are excellent restaurants, bars, and shops in the city, so you’ll never be at a loss for things to do.
Pros and cons of moving to Newark
Once you figure out the pros and cons of moving to Newark, you’ll find it easier to decide if the city is right for you. The pros of moving to Newark, NJ include its ideal location, nice environment and beaches, low sales taxes, and access to public transportation. Additionally, the city has plenty of attractions and amenities, great job options, and a unique city life.
However, there are also some cons to consider. The cost of living in Newark is higher than the national average and most cities in the state, and the median income level in Newark is pretty low. Additionally, the city ranks in the top five for the worst cities to drive in due to large amounts of traffic, tight roads, and aggressive drivers. Cold winters may also get annoying. So, make sure to weigh the pros and cons before deciding if moving to Newark is right for you!
Are You Up For A Move?
Hiring a moving company when moving to Newark can be beneficial in several ways. Professional movers can help you save time and energy, allowing you to focus on more important tasks.
Moving companies are also equipped with the necessary tools and experience to handle large and heavy furniture, making the move easier and safer. Additionally, many moving companies offer insurance coverage on their services, so you don’t have to worry about damaged or lost items. However, it is important to research the moving company and make sure they are licensed and insured.
Luckily for you, iMOVE NYC is one of the leading NYC moving companies that can offer you a wide variety of moving services. No matter if your move is residential or commercial we got your back. Contact us here so we can make a free estimat