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South Broad Valley

South Broad Valley

Neighborhood in Newark, New Jersey

Essex County 07114

$490,451 Average Value
$277 Average Price per Sq Ft
6 Homes For Sale

South Broad Valley has accessible public transportation near downtown

Located about a mile from downtown Newark, South Broad Valley is a lively community with accessible public transportation and proximity to the city’s parks, restaurants and event spaces. “It’s a commercial meets residential area,” says Marc Titus, a Realtor with Realty One Group Next Door who’s sold homes in the area for 14 years. “It has easy access to the train station, airport and all major highways, so it’s perfect to get in and out.” The Newark Liberty International Airport is nearby, and New York City is 14 miles away.

Multi-family and single-family homes can be owned or rented

Most of the housing here is multi-family homes with two to four units built between the 1900s and 2000s, and a few single-family homes are also available. The houses here can be detached or rowhouses, and they typically have vinyl or brick exteriors and Italianate or colonial details. Many sit above one or two-car garages, and street parking is also available. The homes sit close to the side-walk-lined streets, and while they usually don’t have yards, small trees and pocket parks add touches of greenery throughout. Prices for a multi-family home can range from around $450,000 to $800,000, while single-family houses range from around $300,000 to $420,000. Mid-rise 21st-century condos cost between $325,000 and $365,000. Several rental options are also available in the neighborhood, from units in apartment complexes to entire single-family houses.

South Broad Valley features homes with varied architectural styles and distinct exterior finishes.
South Broad Valley features homes with varied architectural styles and distinct exterior finishes.
South Broad Valley has homes with a classic feel, featuring bay windows and decorative rooflines.
South Broad Valley has homes with a classic feel, featuring bay windows and decorative rooflines.
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Locally owned restaurants and stores nearby, more options downtown

South Broad Valley is dotted with local restaurants, auto shops and convenience stores. Manny’s BBQ & Restaurant serves a variety of grilled meat, and Heaven’s Delite, which is takeout-only, offers a rotating selection of freshly made soup. Downtown Newark is about a mile away, offering more dining options like longtime favorite Hobby’s Deli, chosen by Food & Wine Magazine as one of the top Jewish delis in the country. Downtown also has national retailers like Foot Locker and Gap Factory. Nearby grocery stores include SuperFresh Supermarket and Family Dollar.

Manny’s BBQ Restaurant is a go-to spot in South Broad Valley for flavorful grilled meats and combos.
Manny’s BBQ Restaurant is a go-to spot in South Broad Valley for flavorful grilled meats and combos.
Hobby’s Deli near South Broad Valley is a longtime favorite known for its classic deli sandwiches.
Hobby’s Deli near South Broad Valley is a longtime favorite known for its classic deli sandwiches.
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Professional sports and concerts are in nearby downtown Newark

With downtown Newark within walking distance, residents can take advantage of some of the city’s biggest event venues. The Prudential Center attracts sports fans to cheer on the National Hockey League’s New Jersey Devils. The center also hosts concerts by world-renowned musicians like Katy Perry and Tyler, the Creator. The Newark Symphony Hall has regular concerts, open mics and educational programs.

Fans of hockey can head to the Prudential Center in Newark, which seats over 16,000 fans.
Fans of hockey can head to the Prudential Center in Newark, which seats over 16,000 fans.
The New Jersey Performing Arts Center in Downtown Newark hosts diverse events all year long.
The New Jersey Performing Arts Center in Downtown Newark hosts diverse events all year long.
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A school choice district with C-rated schools

Kids can attend schools in the Newark Public School District, which earns an overall C-plus from Niche and is a school choice district. The C-minus-rated Louise A. Spencer School, a performing arts school that serves pre-kindergarten through Grade 8, is nearby. The C-rated Malcolm X Shabazz High is also close. Students here can take career and technical education courses in subjects like aviation maintenance and engineering.

Louise A. Spencer School is a Public Pre-K, Elementary & Middle School in Downtown Newark.
Louise A. Spencer School is a Public Pre-K, Elementary & Middle School in Downtown Newark.
Malcolm X Shabazz High School in Newark has a student-teacher ratio of 10 to 1.
Malcolm X Shabazz High School in Newark has a student-teacher ratio of 10 to 1.
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Sports fields, natural areas and a public golf course for recreation

Pocket parks are spread throughout the neighborhood, providing shade and green space. Jesse Allen Park includes a playground, a football field and pickleball courts. The over 300-acre Weequahic Park nearby offers forested walking paths around a large lake that’s popular for fishing. The park is also home to the public Weequahic Golf Course and a variety of sports fields that host kids’ leagues.

Weequahic Park near South Broad Valley offers scenic trails and peaceful outdoor experiences.
Weequahic Park near South Broad Valley offers scenic trails and peaceful outdoor experiences.
Weequahic Golf Course near South Broad Valley offers an 18-hole course with scenic fairways.
Weequahic Golf Course near South Broad Valley offers an 18-hole course with scenic fairways.
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Quick access to highways, trains, buses and the airport

Downtown Newark is about a mile away, and New York City is about 14 miles away. Commuters can make the 30-minute trip to New York by taking Interstate 78 to Highway 9 or by taking the train at Newark-Penn Station, 2 miles away. New Jersey Transit’s bus has routes throughout the city, and sidewalks make the area pedestrian friendly. “I would suggest having a car — I think that’s part of Jersey living,” Titus says, “but because of South Broad Valley’s proximity to both the train station and the airport, it allows you to not have one and still have easy access to transportation, which isn’t always something you can say in Jersey.” Newark Beth Israel Medical Center and University Hospital are about 2 miles away, and Newark Liberty International Airport is also a 2-mile trip.

Noise from the interstate and the train

With freeways, the airport and the train so close, noise can be an issue for some residents. “For some reason, you don’t hear the airplanes, but you tend to hear the trains from time to time,” Titus says. Residents closer to McCarter Highway and I-78 are likely to experience the most noise.

Annie Franklin
Written By
Annie Franklin
Pushparaj Aitwal
Photography Contributed By
Pushparaj Aitwal
Nathan Allen
Video By
Nathan Allen

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Cynthia Barrett-Bismuth, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Newark Liberty International

6 min drive

Bus

South St & Broad St

Bus

Clinton Ave & Astor St

Bus

Elizabeth Ave & Clinton Ave

Bus

Elizabeth Ave & Poinier St

Bus

Broad St & Emmet St

Bus

Broad St & Wright St

Bus

Elizabeth Ave & Stanton St

Crime and Safety

1 - Low Crime, 10 - High Crime South Broad Valley US
Homicide 7 4
Sexual Assault 6 4
Assault with Weapon 7 4
Robbery 9 4
Burglary 5 4
Motor Vehicle Theft 6 4
Larceny 4 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$370,000
Median Single Family Price
$375,000
Median 2 Bedroom Price
$360,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
6
Last 12 months Home Sales
12
Months of Supply
6.00
Median List Price
$365,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
9%

Home Facts

Number of Homes in Neighborhood
63
Median Year Built
2001
Avg. Single Family Home Size Sq Ft
1,320
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
1,230
Average 2 Bedroom Size Sq Ft
1,236
Average 1 Bedroom Size Sq Ft
577
Median Lot Size Sq Ft
1,306

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Cynthia Barrett-Bismuth, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
4,664
Median Age
34
Population under 18
28.7%
On par with the national average
23.8%
Population over 65
9.2%
Below the national average
19.1%

Finances

Median Household Income
$52,333
Significantly below the national average
$71,702
Average Household Income
$58,247

Education and Workforce

High School Graduates
61.5%
Significantly below the national average
89.1%
College Graduates
15%
Below the national average
34.1%
Advanced Degrees
5%
% Population in Labor Force
55.8%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®

48 / 100

Somewhat Walkable

Walk Score®

59 / 100

Good Transit

Transit Score®

64 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
South Broad Valley
Cynthia Barrett-Bismuth
Olymp US Realty Group, LLC
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