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 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
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.