Neighborhoods
Newark as a whole:
Demographic Details: Newark, with its population hovering around 50,000, provides a smaller, community-oriented market for investors to navigate and capitalize upon.
Economic Vitality: Major employers, including Licking Memorial Health Systems and Owens Corning, bolster Newark’s economy, producing a consistent demand for housing among employees and their families.
Housing Market Insights: An average house price in the realm of $150,000 offers investors a relatively accessible point of entry into the real estate market, whether for flipping or rental purposes.
Income Data: The median household income, around $43,000, shapes the rental and buyer market, influencing the type of properties and areas that might garner the most attention.
Educational Presence: Institutions like The Ohio State University Newark campus underpin a student housing demand, offering a stable tenant base for particular property types.
Cultural and Leisure Hubs: Sites like The Works and the Midland Theatre augment the city’s appeal, potentially acting as focal points for property demand and community engagement.
Promising Neighborhoods: Neighborhoods, such as the growing downtown area, may present strategic investment opportunities through a mixture of residential and commercial properties.
Urban Growth and Infrastructure: Ongoing investments in urban development and infrastructure in Newark delineate pathways toward potential appreciation and enhanced livability in key districts.
Concise Takeaway: Newark extends a blend of small-town appeal and stable economic anchors, offering investors a realm where community-focused and economically astute investments can synergize amidst the city’s unfolding narrative.
Neighborhoods
A Neighborhoods
Granville Township is in Mercer County and is one of the best places to live in Ohio. Living in Granville Township offers residents a rural feel and most residents own their homes. In Granville Township there are a lot of bars. Many families live in Granville Township and residents tend to be conservative. The public schools in Granville Township are highly rated.
Living in OSU Newark Area offers residents a rural feel and most residents own their homes. In OSU Newark Area there are a lot of bars. Many families live in OSU Newark Area and residents tend to be conservative. The public schools in OSU Newark Area are highly rated.
Living in Northwest Area offers residents a rural feel and most residents own their homes. In Northwest Area there are a lot of bars. Many families live in Northwest Area and residents tend to be conservative. The public schools in Northwest Area are highly rated.
Living in Moundbuilders Area offers residents a rural feel and most residents own their homes. In Moundbuilders Area there are a lot of bars. Many families live in Moundbuilders Area and residents tend to be conservative. The public schools in Moundbuilders Area are highly rated.
B Neighborhoods
Living in Cedar Hill offers residents a sparse suburban feel and most residents own their homes. In Cedar Hill there are a lot of parks. Many families live in Cedar Hill and residents tend to be conservative.
Living in Forest Hills offers residents a sparse suburban feel and most residents own their homes. In Forest Hills there are a lot of parks. Many families live in Forest Hills and residents tend to be conservative. .
Living in Heath offers residents a sparse suburban feel and most residents own their homes. In Heath there are a lot of parks. Many retirees live in Heath and residents tend to be conservative.
Living in North Area offers residents a sparse suburban feel and most residents own their homes. In North Area there are a lot of parks. Many families live in North Area and residents tend to be conservative. The public schools in North Area are above average.
Living in Vanatta offers residents a sparse suburban feel and most residents own their homes. In Vanatta there are a lot of parks. Many families live in Vanatta and residents tend to be conservative. The public schools in Vanatta are above average.
C Neighborhoods
Living in Eastside offers residents a sparse suburban feel and most residents own their homes. In Eastside there are a lot of parks. Many families live in Eastside and residents tend to be conservative.
Living in Downtown offers residents a sparse suburban feel and most residents own their homes. In Downtown there are a lot of parks. Many families live in Downtown and residents tend to be conservative.
Living in Little Texas offers residents a sparse suburban feel and most residents own their homes. In Little Texas there are a lot of parks. Many families live in Little Texas and residents tend to be conservative.
Living in Southside offers residents a sparse suburban feel and most residents own their homes. In Southside there are a lot of parks. Many families live in Southside and residents tend to be conservative.
