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Updated 2 hours ago

486 Market St Unit 502


Newark, NJ

1 - 2 Bed
•
1 - 2 Bath

600 - 900 Sq. Ft.

Available Now
1 Bed • 1 Bath
$2,400
Size: N/A
1 Available
Managed By: avail
1 Bedroom 1 Bathroom Apartment In Newark
$2,400
Available Now
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1 Bed • 1 Bath
$2,400
600 ft2
1 Available
Managed By: avail
NO BROKER'S FEE! AMAZING 1BR/1BTH APARTMENT BOASTING TWO BALCONIES IN A NEWER BUILDING CLOSE TO THE PATH TRAIN STATION! ONLY $500 SECURITY DEPOSIT!
$2,400
Available Now
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2 Beds • 1 Bath
$3,100
900 ft2
1 Available
Managed By: avail
NO BROKER'S FEE! INVITING 2BR/2BTH APARTMENT BOASTING A PRIVATE DECK. CLOSE TO THE PATH TRAIN STATION!
$3,100
Available Now
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2 Beds • 2 Bath
$3,400
Size: N/A
1 Available
Managed By: avail
2 Bedroom 2 Bathroom Apartment In Newark
$3,400
Available Now
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View Rented Units
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Where you'll live
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Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

NO BROKER'S FEE! INVITING 2BR/2BTH APARTMENT BOASTING A PRIVATE DECK AND BALCONY AREA IN A NEWER BUILDING CLOSE TO THE PATH TRAIN STATION!
FEATURES:
- Modern kitchen
- Private deck
- Laundry room
- Central heat/AC
- Hardwood floors
- Nice fixtures
- Modern finishes
- Closet space
- Central location
- Public transit
- Utilities paid by tenant
- Small pets could be allowed
- Both bedrooms fit full-size beds*
REQUIREMENTS:
Application Fee - $40 (Non-Refundable once the credit report is generated)
Credit Score - 640+
Income - Salary must be @ least 3x the rent per month. I have listings throughout Bergen, Hudson, and Essex Counties, so don't hesitate to reach out if this unit doesn't fit your needs.
Email us for more information and a possible tour.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (201) 677-8757
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Altice 1000.0 1000.0
Verizon Communications Inc. 940.0 880.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 486 Market St Unit 502 by bedroom type below.
2 Bedroom
Suggested income:
$111,600
per year
Rent report

486 Market St Unit 502 Rent vs. Newark Average

 486 Market St Unit 502      Newark Average
2BR
$3,100
$2,303
$0
$1,050
$2,100
$3,150
$4,200

486 Market St Unit 502 is asking 35% more than the average 2 bedroom apartment in Newark.

If you upsized to an average priced Newark 3 bedroom apartment, you would pay 2% more per month.

If you downsized to an average priced Newark 1 bedroom apartment, you would pay 21% less per month.

486 Market St Unit 502 provides 16% less square footage than the average Newark 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
486 Market St Unit 502
2BR $3,100 $3.40 $9,300
Newark Average
Studio $2,186 $3.00 $6,557
1BR $1,902 $2.60 $5,705
2BR $2,303 $2.10 $6,910
3BR $2,348 $1.70 $7,043
4BR $2,737 $2.00 $8,210

Availability in Newark

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 97 2BR units on the market in Newark. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 29% 36% 16% 8%
Available Units in Newark
Studio 26
1BR 79
2BR 97
3BR 43
4BR 23
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 900 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
486 Market St Unit 502 has a 2 bedroom unit starting at $3,100.
Where is this property located?
This property is at 486 Market St Unit 502 in Newark, NJ. It's 0.7 miles east from the center of Newark.
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