5+ Days Ago
Highlights
Pet Friendly
Location
5 Elm Street #Unit 4, Newark, New Jersey 07102, United States|Newark Central Business District
Tour 5 Elm Street
Contact
Milton Araujo
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Property Overview
5 Elm Street #Unit 4 offers convenient access to local amenities, making it a desirable location for urban living. Notable features include contemporary architecture and updated interiors, enhancing its appeal. Additionally, proximity to public transport and vibrant community options supports an active lifestyle.
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
Elementary school nearby- Less expensive
- Images Available
Great for
Pet owners
Amenities for 5 Elm Street, Newark Central Business District
Apartment Amenities
| Air Conditioning | Central Heat |
| Has Dedicated Parking Spot | Heat |
| Heating | Water |
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking |
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
Parking Policy
Assigned Parking
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 5 Elm Street
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Apartments in NewarkNewark Central Business District 5 Elm Street #Unit 4, Newark, New Jersey 07102, United States
Apartments in NewarkNewark Central Business District 5 Elm Street #Unit 4, Newark, New Jersey 07102, United States
Sweet deal!
This listing is 26% below the median price for 2 bedroom apartments in Newark Central Business District.
Welcome to this inviting rental opportunity located in the vibrant Central Ward of Newark, NJ. This property is conveniently situated near essential amenities and green spaces, making it ideal for comfortable living. Key property features include a cozy layout with sufficient space, providing a warm atmosphere perfect for relaxation. You’ll enjoy the convenience of central heating and cooling, along with air conditioning to keep you comfortable year-round. A ceiling fan adds an extra touch of comfort throughout the living areas. While utilities like gas, electricity, and water are not included in the rent, the property is pet-friendly and boasts easy access to nearby locations such as Clara Maass Medical Center and Golda Och Academy Lower School—both just a short drive away. You'll also find Military Park and Independence Park within walking distance, perfect for outdoor activities and leisure. Don't miss out on this excellent rental opportunity! Contact us toda...
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 5 Elm Street compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Newark Central Business District |
|---|---|
| Zip code | 07102 |
| Type | Apartment for rent |
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Rent trends in Newark Central Business District
2-bedroom apartments at 5 Elm Street cost about 26% less than the average rent price for 2-bedroom apartments in Newark.
Median rents as of Dec 6 2025.
Newark Central Business District
Newark
| Month | Median Rent |
|---|---|
| December 2023 | $1,897 |
| January 2024 | $1,897 |
| February 2024 | $2,000 |
| March 2024 | $2,050 |
| April 2024 | $2,037 |
| May 2024 | $2,233 |
| 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 | $2,000 |
| Month | Median Rent |
|---|---|
| December 2023 | $3,005 |
| January 2024 | $3,119 |
| February 2024 | $3,029 |
| March 2024 | $3,086 |
| April 2024 | $2,920 |
| May 2024 | $2,854 |
| June 2024 | $2,850 |
| July 2024 | $2,707 |
| August 2024 | $2,612 |
| September 2024 | $2,864 |
| October 2024 | $2,869 |
| November 2024 | $2,866 |
| December 2024 | $2,600 |
| January 2025 | $2,525 |
| February 2025 | $2,631 |
| March 2025 | $2,732 |
| April 2025 | $2,593 |
| May 2025 | $2,699 |
| June 2025 | $2,639 |
| July 2025 | $2,450 |
| August 2025 | $2,585 |
| September 2025 | $2,810 |
| October 2025 | $2,818 |
| November 2025 | $2,820 |
| December 2025 | $2,563 |
Affordability calculator
Can I afford to live at 5 Elm Street #Unit 4?
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
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 2-bedrooms monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near 5 Elm Street
Oliver Street School
86 oliver st
newark, NJ, 7105
PK, K-8Public
C+
Lafayette Street Elementary School
205 lafayette st
newark, NJ, 7105
PK, K-8Public
C
South Street School
44-48 hermon st
newark, NJ, 7105
PK, K-8Public
C
Quitman Street School
21 quitman st
newark, NJ, 7103
PK, K-8Public
C
Wilson Avenue School
19 wilson ave
newark, NJ, 7108
K-8Public
C
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Internet available near 5 Elm Street
Getting around Newark near 5 Elm Street #Unit 4
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 5 Elm Street #Unit 4, Newark
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
6/10
Variety of cafés within walking distance
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Some bars within walking distance
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