Zumper

502 Market Street
502 Market Street, Newark, NJ 07105, USA

Apartment for rent
Pet friendly
Monthly rent
$2,077–$2,299
Beds1
Baths1
Sqft474–700
modified
5+ Days Ago

Property Overview

Featuring hardwood floors, stainless steel appliances, and spectacular views, this property offers a modern and appealing living space with ample closet and laundry facilities. With a substantial number of pet supply stores nearby and outdoor spaces available, it caters well to pet owners. The extensive collection of photos provides an informative visual representation, enhancing the overall experience for potential renters.

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

  • Dishwasher
  • Images available
  • Outdoor space

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • hardwood floors
  • washer and dryer
  • stainless steel appliances
  • closet space
  • spectacular views
  • new appliances

Units

502 Market Street Newark, NJ

Available

4B

Our team has verified this company

1 Bed

1 Bath

$2,299

Listed on 09/29/2025
Listed by Rovazo Realty
Days on market: 36
Beautiful Luxurious Apartment!!! Perfect for working professionals, family, and those looking for a peaceful and elegant living in an amazing neighborhood close to almost everything! PROMOTION!! EYES HERE!! -2 month free rent on 24 month lease -1 month free rent on 13 month lease Apt features: *Laundry in the basement *Rooftop *Kitchen with granite countertops *New appliance/s *Lots of windows *Hardwood floors *Bike storage included PET POLICY Pet fee $65/ month + SD Fee $500 Close to shopping centers, bus transportation. and to NJ transit. Leasing terms: -No Brokers Fee -$50 Application Fee Non-Refundable -Credit/Background Check Required -Income Suggested to be 2.5x the rent amount net monthly and good credit score. If this apartment does not meet your interest, please reach out to us and we'll find the best place for you! If you want to send in an application, please email a request to rent@rovazorealty. Com

New Listing

E4

1 Bed

1 Bath

$2,077

Listed on 11/02/2025
Listed by Rosalia Group
Days on market: 2
RENT REFLECTS 2 MONTHS FREE FOR IMMEDIATE MOVING DATE! PLUS ADDITIONAL INCENTIVES UP TO $500 FOR QUALIFYING APPLICATIONS. ROOFTOP, GRILL AREA, OFFICE WORK SPACE, PARKING, LAUNDRY IN UNIT, PACKAGE AREA A 1-bedroom, 1-bathroom apartment with full amenities in a building with stainless steel appliances and plenty of natural light is appealing. Having a washer and dryer in the unit is always a plus, as is an office space in the building for those who work from home. Plenty of closet space. Being close to public transportation, and restaurants, and having parking available are also huge conveniences. And having a private outdoor rooftop with grills for BBQ and spectacular views is the cherry on top! This apartment offers a great combination of luxury and practicality. PICS OF SIMILAR UNIT ACTUAL APARTMENT MAY VARY GROSS RENT: $2250

Occupied Units

Occupied

5A

2 Beds

1 Bath

$2,975

Listed by M. Elizabeth Santana
Days on market: 744
BRAND NEW 1BR & 2BR APARTMENTS FOR RENT IN THE DESIRABLE AREA OF IRONBOUND, NEWARK NEAR PENN STATION! FREE 2 MONTHS RENT ON A 2-YEAR LEASE + $1000 MOVING EXPENSES!!! Experience the Luxury! Several brand-new 2-bedroom/ 1-bathroom apartments are available for rent in this building. The prices range from $2,500 to $2999. This location is perfect for NYC and other commuters via the Path Train, Amtrack, or other trains and bus lines to different towns! anyone looking for a luxurious and convenient place to live in Ironbound! The spacious layout and modern amenities will make you feel right at home, and the location is ideal for exploring all the city offers. Fees: 2.5 to 3 months rent to cover all required fees. *Spacious and bright apartment with over 900 square feet of living space *Laundry in the building *Air Conditioner in every room *Street parking *Hardwood floors throughout *Stunning views of the city *Secured building *Walking distance to shops, restaurants, and entertainment Additional information: Utilities: Tenant responsible for electricity, gas, and water. Pets: Negotiable M. Santana eXp Realty

Occupied

502

2 Beds

1 Bath

$2,999

Listed by Taliah Karim
Days on market: 743
** APT FEATURES** *Modern Kitchen *Trendy Bathroom *Hardwood Flooring *Naturally Well-Lit *Friendly Neighborhood Freshly Renovated Apartment with a Oversized, Energy-Efficient, Naturally Well-Lit, Spacious living space ready to be moved and relaxed in. Located block in the Prime Area of Newark City. Perfect for NYC commuters! Near by amenities such as great schools, public transportation, freeway access, dining and shopping opportunities. For 1 year lease we give 1 month free + $1,000 move in expense. For 2 year lease is 2 month free + $1,000 move in expense. Schedule your tour today! — If you are in the market to rent in the Hudson, Bergen or Essex County area the best way to contact us is via email at [****]. One of our leasing agents will be in touch to assist! Brokered by TK Real Estate Group Inc [http://www.tkregroupinc.com] @‌tkregroupinc

Amenities for 502 Market Street

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Outdoor Space
  • On-Site Laundry
  • Package Service
  • Controlled Access
  • Elevator
Unit Amenities
  • High Ceilings
  • Walk-In Closets
  • Hardwood Floor
  • Dishwasher
  • Balcony
  • On-Site Laundry
  • In-Unit Laundry
  • Air Conditioning
  • Central Heat

Policies at 502 Market Street

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 502 Market Street

HomeApartments in NewarkNorth Ironbound 502 Market Street #4B, Newark, NJ 07105, US

Check out this stunning property located at 502 Market St in the heart of North Ironbound, Newark, NJ 07105. This intimate 4-unit building offers a spacious 1-bedroom floorplan, ranging in size from 474 to 700 square feet. Enjoy luxurious living with hardwood floors, washer and dryer, stainless steel appliances, ample closet space, and spectacular views. Relax in the peaceful atmosphere and take in the sights from the rooftop or outdoor space, complete with BBQ area. Additional amenities include bike storage, on-site laundry, and package delivery. This pet-friendly property offers long-term rentals and is perfect for those seeking a tranquil retreat. With only a few units, don't miss out on this hidden gem!

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Address details

Units4
Units available2
Neighborhood
City
Zip code07105

502 Market Street #4B is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required
  • 11 pet supply stores near the property
  • 10 pet supply stores near the property

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 502 Market Street, Newark, NJ 07105, USA compares to other nearby properties.

Positives

Dishwasher
Kitchens at this address include dishwashers
Images available
There are at least 10 photos of this address
Outdoor space
One or more rentals here have easy access to the outdoors
Package service
More secure storage for delivery
Pet friendly
Rentals at this address allow pets
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.3 mile away

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Rent trends in Newark

1-bedroom apartments here are priced 5% higher than 1-bedrooms in North Ironbound.

Median rents as of Nov 1 2025.
North Ironbound
Newark
A table of studio rental data trends in Newark
MonthMedian Rent
November 2023$1,237
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$1,350
A table of studio rental data trends in North Ironbound
MonthMedian 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

Affordability calculator

Can I afford to live at 502 Market Street?

Bedrooms

1 bedroom

Rent-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

$87,520/yr

With your selected rent-to-income ratio, you'd ideally want to make $87,520 annually to afford this 1-bedroom median monthly rent price of $2,188.
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.
Check out the past listing prices for monthly rent at 502 Market Street, Newark, NJ.
4 months ago$2,2991 bed1 bath
1 year ago$2,5802 bed1 bath
1 year ago$2,5802 bed1 bath
1 year ago$2,9992 bed1 bath
2 years ago$2,9752 bed1 bath
2 years ago$2,9752 bed1 bath

Schools near 502 Market Street #4B

Wilson Avenue School

19 wilson ave

newark, NJ, 7108

K-8Public
C

Lafayette Street Elementary School

205 lafayette st

newark, NJ, 7105

PK, K-8Public
C

Ann Street School

30 ann st

newark, NJ, 7105

PK, K-8Public
B-

Oliver Street School

86 oliver st

newark, NJ, 7105

PK, K-8Public
C+

Hawkins Street Elementary School

8 hawkins st

newark, NJ, 7105

PK, K-8Public
C
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Getting around Newark near 502 Market Street

Walking

10/10
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.

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 502 Market Street, Newark

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Some bars within a few minutes’ walk

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