Updated 2 Days Ago
Highlights
Pet Friendly
Location
48 New Market St # 50 #48C, Salem, NJ 08079, USA
Tour 48 New Market St #48C
Contact
ARA Enterprises, LLC
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Property management
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Amenities for 48 New Market St #48C
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 48 New Market St #48C
A Cozy Home in the Heart of Historic Salem Welcome to Apartment 48C at 48-50 New Market Street — a comfortable, move-in ready one-bedroom, one-bathroom condo nestled in the heart of Salem, New Jersey. Whether you're looking to simplify your lifestyle, plant roots in a tight-knit community, or position yourself for an easy commute to Philadelphia or Wilmington, this unit checks all the boxes at a price well below the area average. What You Get 1 Bedroom — spacious enough for a full bedroom set with room to spare 1 Full Bathroom Refrigerator included Parking on site — no hunting for a spot at the end of the day Lawn access — outdoor space to enjoy without the maintenance Security — peace of mind built in Pets welcome — small dogs and cats accepted (restrictions may apply) Why New Market Street? You're steps from everything Salem has to offer. Salem is one of South Jersey's most storied communities — founded in 1675, its streets are lined with centuries of American history, charming architecture, and a genuine small-town feel that's increasingly hard to find. Everyday conveniences close by: Salem Medical Center — less than a mile away Downtown Salem shops, cafés, and dining along Broadway Salem Plaza and nearby retailers for all your daily needs Salem County Historical Society and local museums for weekend exploring Outdoors and recreation: Fort Mott State Park on the Delaware River — scenic trails, open fields, river views Supawna Meadows National Wildlife Refuge — great for birdwatching and nature walks Fort Delaware State Park across the river Commuter friendly: Philadelphia: ~45 minutes by car Wilmington, DE: ~30 minutes Easy access to Route 40 and Route 49 for regional travel
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 48 New Market St, Salem, NJ 08079, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- High school nearby
- There is a high school 0.3 mile away
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Address details
| Zip code | 08079 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Salem
1-bedroom apartments at 48 New Market St #48C cost about 5% more than the average rent price for 1-bedroom apartments in Salem.
Median rents as of May 30 2026.
Salem
| Month | Median Rent |
|---|---|
| March 2026 | $1,050 |
| April 2026 | $1,050 |
| May 2026 | $1,050 |
Affordability calculator
Can I afford to live at 48 New Market St # 50 #48C?
Bedrooms
1 bedroomRent-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
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,450 | 3 bed | 1 bath | ||
| 1 year ago | $1,025 | 1 bed | 1 bath |
Schools near 48 New Market St #48C
Salem Middle School
51 new market st
salem, NJ, 8079
3-8Public
C-
John Fenwick Elementary School
183 smith st
salem, NJ, 8079
PK, K-2Public
B
Elsinboro Township School
631 salem fort elfsborg rd
salem, NJ, 8079
K-8Public
B+
Mannington Township School
495 route 45
salem, NJ, 8079
PK, K-8Public
A-
Quinton Township Elementary School
8 robinson st
quinton, NJ, 8072
PK, K-8Public
C+
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Internet available near 48 New Market St #48C
Neighborhood
Getting around Salem near 48 New Market St # 50 #48C
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 48 New Market St # 50 #48C, Salem
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
0/10
Few or no bars within walking distance
Other units at this address
48 New Market St, Salem, NJ
48 New Market St Salem, NJ
Occupied
50B
3 Beds
1 Bath
$1,450
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- in-unit laundry
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