Bloomfield vs Newark, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Bloomfield and Newark, side by side with sources.
At a glance
- Lower tax billNewark, $7,641 a year
More info
Newark has the lower 2025 average residential tax bill: $7,641 a year, $4,740 less than $12,381 in Bloomfield. Newark is below the NJ average of $10,340 and Bloomfield is above it.
- Median sale priceNewark $440,000 vs Bloomfield $626,750
More info
The median single-family sale price is $440,000 in Newark and $626,750 in Bloomfield, $186,750 more (GSMLS, 2025 closed sales).
- Monthly cost estimateNewark $3,260 vs Bloomfield $4,889
More info
On the site's monthly cost estimate (mortgage, property tax and NJ Transit pass, each on the town's median single-family sale price), Newark comes to $3,260 a month and Bloomfield to $4,889, a gap of $1,629.
- Peak commuteBloomfield 27 min vs Newark 18 min
More info
Peak commute is 27 minutes in Bloomfield and 18 minutes in Newark, 9 minutes shorter in Newark.
- NJ Transit passNewark $184 vs Bloomfield $223
More info
The NJ Transit monthly pass to NY Penn is $184 in Newark and $223 in Bloomfield, $39 more.
- Higher school resultsBloomfield: 4-year graduation, ELA, math
More info
On the district results, Bloomfield's district is higher on 4-year graduation (95.3% vs 90.0%), ELA (56.0% vs 34.3%) and math (40.6% vs 22.0%).
Figures are from the data file, version 2.4.2. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- NJ Transit pass
- Bloomfield$4,889 / monthMortgage $3,417 · Property tax $1,249 · NJ Transit pass $223 · on a $626,750 median single-family home
- Newark$3,260 / monthMortgage $2,399 · Property tax $676 · NJ Transit pass $184 · on a $440,000 median single-family home
More info
Each town uses its own headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), and its 2025 effective tax rate. Mortgage is the monthly mortgage in the data: Principal & interest only; excludes taxes and insurance. Calculated at a 7.24% 30-year fixed rate, 20% down, 30-year term. Excludes insurance, utilities, maintenance and HOA fees. Change the numbers in the calculator.
Home prices
Median sale price, single-family
- Bloomfield$626,750218 sales
- Newark$440,000274 sales
Median sale price, condo / townhouse
- Bloomfield$305,50032 sales
- Newark$340,000112 sales
Monthly mortgage
- Bloomfield$3,417 / month
- Newark$2,399 / month
More info
Principal & interest only; excludes taxes and insurance. Based on the single-family median unless a town's row says otherwise.
Source: GSMLS, 2025 closed sales
Property taxes
Average residential tax bill, 2025
- Bloomfield$12,381 / year$2,041 above the NJ average
- Newark$7,641 / year$2,699 below the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
More info
Bills compare better than raw tax rates, because towns assess homes at different shares of market value.
Schools
Meeting ELA standards
- Bloomfield56.0% Above NJ average
- Newark34.3% Below NJ average
- NJ state53.0%
Meeting math standards
- Bloomfield40.6% Below NJ average
- Newark22.0% Below NJ average
- NJ state42.0%
4-year graduation rate
- Bloomfield95.3% Above NJ average
- Newark90.0% Below NJ average
- NJ state91.8%
Chronic absenteeism
- Bloomfield12.9% Below NJ average
- Newark10.0% Below NJ average
- NJ state14.4%
Student:teacher ratio
- Bloomfield11:1
- Newark15:1
- NJ state12:1
Commute
NJ Transit adult monthly pass to NY Penn
- Bloomfield$223 / month
- Newark$184 / month
Peak commute time
- Bloomfield27 min
More info
Typical from Watsessing Avenue: 29 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 3 trips.
- Newark18 min
More info
Typical from Newark Penn Station: 20 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 19 trips.
Full pages: Bloomfield · Newark. Find a local expert if you want help weighing these two towns.