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Newark is the largest city in New Jersey and the second largest in the New York Metro Area. As the major shipping, rail, and air hub for the surrounding areas and the largest port on the East Coast, Newark has a booming economy making it a major business and finance center with many major corporations including Panasonic of North America. Newark is also a college town with more than 40,000 students attending its universities, med schools, and law schools. Newark is comprised of diverse and distinctive neighborhoods called wards that offer everything from urban environments to expansive parks and suburban communities. Newark's diversity, employment opportunities, and relatively low cost of living compared to nearby NYC make it an excellent location to find rent to own properties.
The wards in Newark have been regulated by law to adhere to size restrictions which has kept each section of the city diverse and distinctive. Wards include the North Ward which holds Broadway, Mount Pleasant, and other affluent communities where historical colonial homes can be found. North Ward is surrounded by Branch Brook Park which has the most cherry blossom trees of any location in the US. Center Ward is home to Military Park, Belmont, and University Heights where many major education centers are located including Rutgers University - Newark. East Ward includes most of Downtown Newark and the commercial districts.
Do and See
As a city that continues to revitalize and redefine itself after a difficult period of crime, Newark is renowned for performing arts and creative culture. It's the home of the New Jersey Performing Arts Center in Military Park, a major venue for dance, theater, opera, and music that is the nation's 6th largest performing arts center pulling in more than 40,000 visitors each year. Newark also has the largest museum in the state.