Business & Finance Newark, NJ Pop. 311,549

Real Estate Appraiser Salary in Newark, New Jersey

The median real estate appraiser salary in Newark, NJ is $74,184 per year, which is 20.0% above the national median and 2.4% below the New Jersey state average.

City Median
$74,184
vs State Avg
$-1,855
vs National
+$12,364
Cost of Living
112%

Real Estate Appraiser Salary in Newark by Experience

In Newark, an entry-level real estate appraiser earns around $45,600, while experienced professionals earn up to $115,200 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$45,600
+$7,600 vs national
Mid Level (3-7 yrs)
$75,600
+$12,600 vs national
Senior Level (8+ yrs)
$115,200
+$19,200 vs national

Salary Percentiles in Newark, NJ

Percentile Newark
10th Percentile $43,200
25th Percentile $55,200
Median (50th) $74,184
75th Percentile $96,000
90th Percentile $122,400

Real Estate Appraiser Salary in Other New Jersey Cities

Jersey City, NJ
$84,075
Pop. 292,449
Edison, NJ
$76,039
Pop. 107,588
Elizabeth, NJ
$71,711
Pop. 137,298
Paterson, NJ
$69,857
Pop. 159,732

How to Become a Real Estate Appraiser in Newark

Education

Most real estate appraiser positions require a bachelor's degree. Newark and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). Demand in Newark may vary based on local industry and population growth.

Find Real Estate Appraiser Jobs in Newark

Browse open real estate appraiser positions in Newark, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in Newark

How much does a Real Estate Appraiser make in Newark, NJ? ▼
The median real estate appraiser salary in Newark, New Jersey is $74,184 per year, which is 20.0% above the national median of $61,820. Salaries range from $43,200 (10th percentile) to $122,400 (90th percentile).
How much does a Real Estate Appraiser make per hour in Newark? ▼
Based on the median annual salary of $74,184, a real estate appraiser in Newark earns approximately $36 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for real estate appraiser pay? ▼
Newark's median real estate appraiser salary of $74,184 is 2.4% below the New Jersey state average of $76,039. 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 real estate appraiser salary of $74,184 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate appraiser in Newark? ▼
Most real estate appraiser positions in Newark require a bachelor's degree. Key skills include Property Valuation, Market Analysis, Report Writing, USPAP Standards. The job market is projected to grow 5% nationally over the next decade.