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Apartment Amenities
| Air Conditioning | Hardwood Floor |
Appliances
| Dishwasher | Microwave |
| Refrigerator | Stove/Oven |
Grounds
| Outdoor Space |
No pets allowed.
**NO BROKER FEES** Welcome to 718 Summer Avenue, a beautifully constructed two-family home in Newark's vibrant North Broadway neighborhood. Built in 2020, offers 3 bedrooms and 2 bathrooms, providing ample space for comfortable living. This unit features contemporary finishes, including stainless steel appliances, granite countertops, and hardwood floors throughout. The spacious layouts are designed for both functionality and style, with open-concept living and dining areas that are perfect for entertaining. Additional amenities include central air conditioning, forced hot air heating. Situated across the street from an elementary school and next to the public library, this home is conveniently located near shopping centers, parks, houses of worship, and major highways such as Route 21, the Garden State Parkway, and the New Jersey Turnpike. This property also qualifies for a five-year tax abatement as provided by the City of Newark, making it an excellent investment opportunity. -- Tenant is responsible for Electric & Gas. -- BEWARE OF SCAMMERS. Only apply for this home through tpgmanagement. net We DO NOT advertise on Facebook Marketplace or, and we will NEVER ask you to wire money or pay in cash. For any inquiries, please contact us at our only official TPG Management office numbers: 732-978-9390 and 908-617-0847. Stay safe and verify all communications! Requirements: All applicants over the age of 18 must complete our application process. Application fee is $55.00 per applicant. One-Time Lease Admin & Doc Fee: $125 paid at Move-in Each applicant must have a credit score of 650 or higher with no previous evictions. 3x monthly rent in income. If approved, 1st month's rent and security deposit is required to hold the unit. Tenants will be required to obtain renter's insurance.
How 718 Summer Ave #1 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Forest Hill |
|---|---|
| Zip code | 07104 |
| Type | Apartment for rent |
North Broadway • 48 Elliott Street #2
3 Beds
$2,400
Upper Clinton Hill • 55 Schley Street #2
3 Beds
$2,750
132 Steuben Street #2
3 Beds
$2,800
West Side • 28 Kent Street #2
3 Beds
$2,800
West Side • 356 South 6th Street #3A
3 Beds
$2,295
West Side • 433 South 19th Street #3
3 Beds
$2,499
North Ironbound • 154 Van Buren Street #1
3 Beds
$2,795
North Broadway • 48 Elliott Street #2
3 Beds
$2,400
Upper Clinton Hill • 55 Schley Street #2
3 Beds
$2,750
132 Steuben Street #2
3 Beds
$2,800
West Side • 28 Kent Street #2
3 Beds
$2,800
West Side • 356 South 6th Street #3A
3 Beds
$2,295
West Side • 433 South 19th Street #3
3 Beds
$2,499
North Ironbound • 154 Van Buren Street #1
3 Beds
$2,795
3-bedroom apartments at 718 Summer Ave #1 cost about 16% more than the average rent price for 3-bedroom apartments in Newark.
| Month | Median Rent |
|---|---|
| December 2023 | $2,179 |
| January 2024 | $2,200 |
| February 2024 | $2,225 |
| March 2024 | $2,215 |
| April 2024 | $2,243 |
| May 2024 | $2,333 |
| June 2024 | $2,393 |
| July 2024 | $2,400 |
| August 2024 | $2,400 |
| September 2024 | $2,368 |
| October 2024 | $2,362 |
| 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 | $2,380 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,550 |
| April 2024 | $2,412 |
| May 2024 | $2,591 |
| June 2024 | $2,650 |
| July 2024 | $2,350 |
| January 2025 | $2,375 |
| May 2025 | $2,900 |
| June 2025 | $2,900 |
| August 2025 | $2,407 |
| September 2025 | $2,837 |
| November 2025 | $2,195 |
| 6 months ago | $2,550 |
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