Construction & Real Estate Newark, NJ Pop. 311,549

Property Manager Salary in Newark, New Jersey

The median property manager salary in Newark, NJ is $67,950 per year, which is 12.0% above the national median and 2.6% below the New Jersey state average.

City Median
$67,950
vs State Avg
$-1,821
vs National
+$7,280
Cost of Living
112%

Property Manager Pay in Newark: What to Expect (2026)

Newark offers a median property manager salary of $67,950, which is $1,821 below the New Jersey state average of $69,771. Compared to the national median of $60,670, Newark pays above average for this role.

However, Newark's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $67,950 salary has an effective purchasing power of approximately $60,670. Housing, transportation, and food costs in Newark should be factored into any relocation or job-change decision.

The salary range for property managers in Newark spans from $38,080 at the 10th percentile to $125,440 at the 90th percentile — a $87,360 spread. Entry-level professionals start around $42,560, while senior property managers with 8+ years of experience can earn up to $117,600. With a population of 311,549, Newark is a mid-sized metro with a growing job market.

Property Manager Salary in Newark by Experience

In Newark, an entry-level property manager earns around $42,560, while experienced professionals earn up to $117,600 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$69,440
+$7,440 vs national
Senior Level (8+ yrs)
$117,600
+$12,600 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $38,080
25th Percentile $49,280
Median (50th) $67,950
75th Percentile $95,200
90th Percentile $125,440

Property Manager Salary in Other New Jersey Cities

Jersey City, NJ
$77,658
Pop. 292,449
Edison, NJ
$69,771
Pop. 107,588
Elizabeth, NJ
$65,524
Pop. 137,298
Paterson, NJ
$63,704
Pop. 159,732

How to Become a Property Manager in Newark

Education

Most property manager positions require a high school diploma. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

Property ManagementTenant RelationsBudgetingMaintenance CoordinationLease ManagementCustomer Service

Job Outlook

Nationally, property manager employment is projected to grow 3% over the next decade (as fast as average). Demand in Newark may vary based on local industry and population growth.

Find Property Manager Jobs in Newark

Browse open property manager positions in Newark, NJ:

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Frequently Asked Questions: Property Manager Salary in Newark

How much does a Property Manager make in Newark, NJ? ▼
The median property manager salary in Newark, New Jersey is $67,950 per year, which is 12.0% above the national median of $60,670. Salaries range from $38,080 (10th percentile) to $125,440 (90th percentile).
How much does a Property Manager make per hour in Newark? ▼
Based on the median annual salary of $67,950, a property manager in Newark earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for property manager pay? ▼
Newark's median property manager salary of $67,950 is 2.6% below the New Jersey state average of $69,771. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ? ▼
Newark has a cost of living index of 112% compared to the national average. This means a property manager salary of $67,950 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a property manager in Newark? ▼
Most property manager positions in Newark require a high school diploma. Key skills include Property Management, Tenant Relations, Budgeting, Maintenance Coordination. The job market is projected to grow 3% nationally over the next decade.