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5 Merchant Street5 Merchant Street, Newark, NJ 07105, USA
| Monthly rent | - |
|---|---|
| Beds | Studio–2 |
| Baths | 1 |
| Sqft | 531–803 |
Studio 1 bath unit
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Address details
| Units | 2 |
|---|---|
| Units available | 0 |
| Neighborhood | |
| City | |
| Zip code | 07105 |
Units
Occupied Units
Occupied
1
Studio
1 Bath
$1,850
Air Conditioning • Central Heat • In-Unit Laundry • Hardwood Floor
Occupied
2
2 Beds
1 Bath
$2,600
Air Conditioning • Central Heat • In-Unit Laundry • Hardwood Floor
Amenities for 5 Merchant Street
Some units at this address have these amenities. View unit details for more information.
- Dogs Ok
- Roof Deck
- Elevator
- Air Conditioning
- Central Heat
- In-Unit Laundry
- Hardwood Floor
Policies at 5 Merchant Street
Dog Policy
Cat Policy
Contact for more information on pet policy.
About 5 Merchant Street
Check out this charming property located at 5 Merchant St in the heart of North Ironbound, Newark, NJ 07105! This intimate building consists of 2 units, offering a cozy studio and spacious 2-bedroom options, ranging in size from 531 to 803 square feet. As a pet-friendly community, you can bring your furry friends along! Enjoy the convenience of long-term rentals and take advantage of fantastic amenities, including central heat, elevator access, outdoor space, a stunning roof deck, and beautiful hardwood floors. Plus, with on-site laundry facilities, you'll have everything you need right at your doorstep. Come experience the best of city living in this fantastic neighborhood!
Address details
| Units | 2 |
|---|---|
| Units available | 0 |
| Neighborhood | |
| City | |
| Zip code | 07105 |
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 Merchant Street, Newark, NJ 07105, USA compares to other nearby properties.
Positives
- Central heat
- This address offers a climate controlled environment
- Elevator
- Improved accessibility features
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Pet friendly
- Rentals at this address allow pets
- Roof deck
- Access to public roof space
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Rent trends in Newark
Studio apartments at 5 Merchant Street #1 cost about 48% more than the average rent price for studios in North Ironbound.
| Month | Median Rent |
|---|---|
| December 2023 | $1,432 |
| January 2024 | $1,415 |
| February 2024 | $1,250 |
| March 2024 | $1,386 |
| April 2024 | $1,838 |
| May 2024 | $1,575 |
| June 2024 | $1,465 |
| July 2024 | $1,318 |
| August 2024 | $1,452 |
| September 2024 | $1,412 |
| October 2024 | $1,318 |
| November 2024 | $1,512 |
| December 2024 | $1,462 |
| January 2025 | $1,523 |
| February 2025 | $1,593 |
| March 2025 | $1,640 |
| April 2025 | $1,643 |
| May 2025 | $1,475 |
| June 2025 | $1,450 |
| July 2025 | $1,350 |
| August 2025 | $1,300 |
| September 2025 | $1,280 |
| October 2025 | $1,250 |
| November 2025 | $1,400 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,250 |
| March 2024 | $1,518 |
| April 2024 | $1,702 |
| May 2024 | $1,380 |
| June 2024 | $2,150 |
| April 2025 | $1,850 |
| May 2025 | $1,850 |
| July 2025 | $1,255 |
| August 2025 | $1,282 |
| September 2025 | $1,280 |
| October 2025 | $1,250 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 11 months ago | $2,600 | 2 bed | 1 bath | ||
| 1 year ago | $1,850 | Studio | 1 bath |
Schools near 5 Merchant Street #1
Wilson Avenue School
19 wilson ave
newark, NJ, 7108
Ann Street School
30 ann st
newark, NJ, 7105
Lafayette Street Elementary School
205 lafayette st
newark, NJ, 7105
Hawkins Street Elementary School
8 hawkins st
newark, NJ, 7105
Oliver Street School
86 oliver st
newark, NJ, 7105
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