As of April 01, 2025, the average annual salary for a Collateral Appraiser in Newark, NJ is $68,383. According to Salary.com, salaries can range from a low of $52,001 to a high of $87,354, with most professionals earning between $59,808 and $78,313.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $69,157 | $5,763 | $1,330 | $33 |
| Average | $60,388 | $5,032 | $1,161 | $29 |
| 25th Percentile | $52,815 | $4,401 | $1,016 | $25 |
An entry-level Collateral Appraiser with under 1 year experience makes about $64,711. With less than 2 years of experience, a mid-level Collateral Appraiser makes around $64,963. After 2-4 years, the Collateral Appraiser pay rises to about $68,219. Those senior Collateral Appraiser with 5-8 years of experience earn roughly $72,315, and those Collateral Appraiser having 8 years or more experience are expected to earn about $72,608 on average.
| Levels | Salary |
|---|---|
| Entry Level Collateral Appraiser | $64,711 |
| Intermediate Level Collateral Appraiser | $64,963 |
| Senior Level Collateral Appraiser | $68,219 |
| Specialist Level Collateral Appraiser | $72,315 |
| Expert Level Collateral Appraiser | $72,608 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 13% |
| Top Level | 20% |
| Experienced | 20% |
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