3 Days Ago
Location
23 1/2 Merchant Street #1, Newark, NJ 07105, US|North Ironbound
Tour 23 1/2 Merchant Street #1
Contact
Nearby rentals
Renter hub
Property management
Apartments for rent New YorkApartments for rent Financial DistrictApartments for rent Upper West SideApartments for rent ChelseaApartments for rent Hell's KitchenApartments for rent East VillageApartments for rent Upper East SideApartments for rent WilliamsburgApartments for rent Bedford-StuyvesantApartments for rent Midtown EastApartments for rent Murray HillApartments for rent East HarlemApartments for rent Battery Park CityApartments for rent GreenpointApartments for rent Downtown BrooklynApartments Near Me
Houses for rent New YorkHouses for rent LevittownHouses for rent Jersey CityHouses for rent Long BranchHouses for rent StamfordHouses for rent EdisonHouses for rent HobokenHouses for rent Long BeachHouses for rent NewarkHouses for rent Asbury ParkHouses for rent North BergenHouses for rent NorwalkHouses for rent White PlainsHouses for rent PrincetonHouses for rent East BrunswickHouses for rent near me
Rooms for rent New YorkRooms for rent ElizabethRooms for rent QueensRooms for rent North Brunswick TownshipRooms for rent LakeviewRooms for rent WayneRooms for rent Marlboro TownshipRooms for rent Village of PelhamRooms for rent Manalapan TownshipRooms for rent Pequannock TownshipRooms for rent Lawrence
Property Overview
Set in Newark’s Ironbound neighborhood, the home offers a dedicated living room that provides a defined space for relaxing or entertaining. It can work well for renters or buyers seeking a straightforward layout and a functional common area.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
Great for
Eco living
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Advertisement
About 23 1/2 Merchant Street #1
Sweet deal!
This listing is 25% below the median price for 2 bedroom apartments in North Ironbound.
2-bedroom, 1-bath, kitchen, and living room apartment in the Ironbound section, located on the first floor, with exclusive backyard access and access to the basement for storage.
Lease Terms
1 year23 1/2 Merchant Street #1 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 23 1/2 Merchant Street #1 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.1 mile away
Address details
| Neighborhood | North Ironbound |
|---|---|
| Zip code | 07105 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in North Ironbound
2-bedroom apartments at 23 1/2 Merchant Street #1 cost about 25% less than the average rent price for 2-bedroom apartments in Newark.
Median rents as of Jun 6 2026.
North Ironbound
Newark
| Month | Median Rent |
|---|---|
| June 2024 | $2,200 |
| July 2024 | $2,112 |
| August 2024 | $2,165 |
| September 2024 | $2,150 |
| October 2024 | $2,112 |
| November 2024 | $2,140 |
| December 2024 | $2,225 |
| January 2025 | $2,262 |
| February 2025 | $2,300 |
| March 2025 | $2,180 |
| April 2025 | $2,125 |
| May 2025 | $2,100 |
| June 2025 | $1,986 |
| July 2025 | $1,990 |
| August 2025 | $1,999 |
| September 2025 | $2,000 |
| October 2025 | $2,000 |
| November 2025 | $1,995 |
| December 2025 | $1,999 |
| January 2026 | $2,014 |
| February 2026 | $2,000 |
| March 2026 | $1,999 |
| April 2026 | $2,000 |
| May 2026 | $1,988 |
| June 2026 | $1,913 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,750 |
| October 2024 | $2,483 |
| November 2024 | $2,586 |
| December 2024 | $2,787 |
| January 2025 | $2,813 |
| February 2025 | $2,633 |
| March 2025 | $2,394 |
| April 2025 | $2,344 |
| May 2025 | $2,305 |
| June 2025 | $2,312 |
| July 2025 | $2,279 |
| August 2025 | $2,248 |
| September 2025 | $2,201 |
| October 2025 | $2,135 |
| November 2025 | $2,305 |
| December 2025 | $2,450 |
| January 2026 | $2,450 |
| February 2026 | $2,413 |
| March 2026 | $2,243 |
| April 2026 | $2,368 |
| May 2026 | $2,285 |
| June 2026 | $2,200 |
Affordability calculator
Can I afford to live at 23 1/2 Merchant Street #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 2-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 23 1/2 Merchant Street #1
Wilson Avenue School
19 wilson ave
newark, NJ, 7108
K-8Public
C
Ann Street School
30 ann st
newark, NJ, 7105
PK, K-8Public
B-
Lafayette Street Elementary School
205 lafayette st
newark, NJ, 7105
PK, K-8Public
C
Early Childhood Center of the Ironbound
697 market st
newark, NJ, 7105
PKPublic
East Ward Elementary School
104 oliver st
newark, NJ, 7105
PK, K-5Public
C-
Advertisement
Internet available near 23 1/2 Merchant Street #1
Getting around Newark near 23 1/2 Merchant Street #1
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 23 1/2 Merchant Street #1, Newark
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
Compare similar properties nearby
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
12 Brookside Ave #2, Caldwell, NJ, 07006
Our team has verified this company12 Brookside Ave #2
1 Bed
$2,100
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
254 Bloomfield Ave #4, Caldwell, NJ, 07006
Our team has verified this company254 Bloomfield Ave #4
1 Bed
$1,950
- cats ok
- air conditioning
- in-unit laundry
282 Lyons Ave #A, Newark, NJ, 07112
Our team has verified this companyWeequahic • 282 Lyons Ave #A
1 Bed
$1,850
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
12 Brookside Ave #2, Caldwell, NJ, 07006
Our team has verified this company12 Brookside Ave #2
1 Bed
$2,100
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
254 Bloomfield Ave #4, Caldwell, NJ, 07006
Our team has verified this company254 Bloomfield Ave #4
1 Bed
$1,950
- cats ok
- air conditioning
- in-unit laundry
282 Lyons Ave #A, Newark, NJ, 07112
Our team has verified this companyWeequahic • 282 Lyons Ave #A
1 Bed
$1,850
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
- cats ok
- air conditioning
- in-unit laundry
Check availability
2 Bedroom house rentals in Newark17 listings
17 listings
3 Bedroom house rentals in Newark31 listings
31 listings
Advertisement