Updated 3 Hours Ago
Location
61 Sherman Ave #2, Newark, NJ 07114, USA|South Broad Street
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Amenities for 61 Sherman Ave #2, South Broad Street
Apartment Amenities
| Central Air | Three Floors |
| Utilities Included |
Appliances
| Dishwasher |
Building
| Basement | Onsite Laundry |
Grounds
| 2 Parking Spaces | Outdoor Space |
Other
| Five Rooms |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 61 Sherman Ave #2
Property Status: Active Second-floor apartment at 61 Sherman Avenue, Unit 2, Newark, available for $2,700 per month with utilities included. Unfurnished, with a refrigerator and gas range/oven. Twelve-month lease. On-street parking. Laundry and backyard access are not included. No pets, subject to legally required accommodations. Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 61 Sherman Ave #2 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 miles away
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.3 miles away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Outdoor space
- Easy access to the outdoors
Considerations
- Distance from transit
- More than 4.1 miles from public transportation
Address details
| Neighborhood | South Broad Street |
|---|---|
| Zip code | 07114 |
| Type | Apartment for rent |
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Rent trends in South Broad Street
3-bedroom apartments at 61 Sherman Ave #2 cost about 3% more than the average rent price for 3-bedroom apartments in Newark.
Median rents as of Nov 14 2026.
South Broad Street
Newark
| Month | Median Rent |
|---|---|
| November 2024 | $2,400 |
| December 2024 | $2,498 |
| January 2025 | $2,500 |
| February 2025 | $2,500 |
| March 2025 | $2,440 |
| April 2025 | $2,443 |
| May 2025 | $2,379 |
| June 2025 | $2,312 |
| July 2025 | $2,379 |
| August 2025 | $2,400 |
| September 2025 | $2,399 |
| October 2025 | $2,399 |
| November 2025 | $2,348 |
| December 2025 | $2,300 |
| January 2026 | $2,346 |
| February 2026 | $2,349 |
| March 2026 | $2,312 |
| April 2026 | $2,382 |
| May 2026 | $2,399 |
| June 2026 | $2,361 |
| July 2026 | $2,300 |
| August 2026 | $2,299 |
| September 2026 | $2,286 |
| October 2026 | $2,300 |
| November 2026 | $2,273 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,950 |
| December 2024 | $2,678 |
| March 2025 | $2,262 |
| April 2025 | $2,475 |
| May 2025 | $2,595 |
| June 2025 | $2,258 |
| July 2025 | $2,468 |
| August 2025 | $2,557 |
| September 2025 | $2,585 |
| October 2025 | $2,553 |
| November 2025 | $2,385 |
| December 2025 | $2,343 |
| January 2026 | $2,410 |
| February 2026 | $2,432 |
| March 2026 | $2,392 |
| April 2026 | $2,397 |
| May 2026 | $2,299 |
| June 2026 | $2,284 |
| July 2026 | $2,155 |
| August 2026 | $2,194 |
| September 2026 | $2,211 |
| October 2026 | $2,301 |
| November 2026 | $2,612 |
Affordability calculator
Can I afford to live at 61 Sherman Ave #2?
Bedrooms
3 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
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 3-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Schools near 61 Sherman Ave #2
Louise A. Spencer School
66 muhammad ali ave
newark, NJ, 7108
PK, K-8Public
C-
Quitman Street School
21 quitman st
newark, NJ, 7103
PK, K-8Public
C
South Street School
44-48 hermon st
newark, NJ, 7105
PK, K-8Public
C
Oliver Street School
86 oliver st
newark, NJ, 7105
PK, K-8Public
C+
Cleveland Elementary School
388 bergen st
newark, NJ, 7103
PK, K-8Public
C-
Getting around Newark near 61 Sherman Ave #2
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 61 Sherman Ave #2, Newark
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Wide variety of cafés within a few minutes' walk
Restaurants
9/10
Wide variety of restaurants within a few minutes' walk
Primary schools
9/10
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
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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