Neighborhood Market Analysis
Forest Hill is located in the North Ward of Newark, generally bounded by Branch Brook Park to the west, Mt. Prospect Avenue to the east, Heller Parkway to the north, and Bloomfield Avenue to the south.
Diverse, with a mix of long-term residents, professionals, and families; significant Hispanic and African-American populations.
Historic, quiet, and residential with a strong sense of neighborhood pride and preservation.
Yes—tree-lined streets, proximity to Branch Brook Park, and community events attract families.
Price competitively based on recent sales and condition; renovated homes command a premium.
Provide inspection reports, highlight recent upgrades, and connect buyers with local contractors for estimates.
Compare taxes to similar historic neighborhoods in North Jersey and highlight value for size and location.
Point out charter/private options and proximity to cultural/educational resources in Newark and NYC.
Solid, with 4.5% annual growth in 2024–2025 and strong demand for historic homes.[3]
Moderate to high, especially for renovated units and multifamily properties.
Less intense than 2022–2023, but well-priced homes still attract multiple offers.
Emphasize Forest Hill’s unique historic value and park access in all marketing.
Educate buyers on renovation costs and connect them with local specialists.
Leverage professional photography to highlight architectural details.
Network with local preservation groups and neighborhood associations.
Monitor inventory closely to identify value opportunities for clients.
Forest Hill is Newark’s premier historic residential enclave, offering a unique blend of charm, space, and city access.
Priced above most Newark neighborhoods, but below Montclair and other North Jersey historic districts.
Challenging due to price point and renovation needs, but possible with condos or smaller homes.
Ideal for those seeking more space, historic charm, and a stable community.
Some options in condos or smaller homes, but limited compared to other markets.
Attractive for value-add and rental properties, especially multifamily.
Appealing for NYC transplants seeking space, character, and access to transit.
This neighborhood analysis was generated using hyperlocal data and AI intelligence.
Neighborhood conditions change - consult with local real estate professionals for the most current information.
Explore connected markets and opportunities