Zumper
modified
Updated 22 Hours Ago

Highlights

  • Spacious one bedroom
  • Laundry room
  • Hardwood floors throughout
  • Heat and hot water included
  • Eat-in kitchen with all appliances included
  • Beautiful hardwood floors throughout

Location

Franklin St & N 7th St #9A, Newark, NJ 07107, USA
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Management

Sisto Realty LLC

Leasing office

(844) 243-9479 ext. 4647

Property Overview

Parkway arms offers a strong mix of value and convenience, with an 8.3 expert rating, a top price rating, and a 9 location rating that reflects easy access to key destinations. Its spacious one-bedroom layout, hardwood floors, laundry room, eat-in kitchen with appliances, and included heat and hot water add to its appeal, while nearby grocery and public transportation options are farther away.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Parkway arms is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkway arms has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Laundry available on site
  • Pet friendly

Floor plans

One bedroom1 bed1 bath$1,700 /mo
One bedroom1 bed1 bath$1,700 /moSpacious one bedroom apartment with beautiful hardwood floors throughout, freshly painted,

Let's explore this property.

Amenities for Parkway arms

Apartment Amenities

Air ConditioningHardwood Floor

Building

Onsite Laundry
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?

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About Parkway arms

HomeApartments in Newark Parkway arms

Spacious one bedroom apartment with heat hot water included, hardwood floors throughout, one wall ac, eat in kitchen with all appliances included, heat hot water, new vanity, lots of closets, one parking space, laundry room and near lite rail!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Parkway arms is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkway arms has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Parkway arms
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Parkway arms offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Parkway arms is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Parkway arms is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Parkway arms does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Parkway arms provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 Parkway arms compares to other nearby properties.

Positives

Laundry available on site
Washers and dryers are available in-building or in-unit
Pet friendly
This property allows pets

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Newark

1-bedroom apartments here are priced 6% higher than 1-bedrooms in Newark.

Median rents as of Jul 11 2026.
Newark
A table of studio rental data trends in Newark
MonthMedian Rent
July 2024$1,350
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$1,434
December 2025$1,581
January 2026$1,788
February 2026$1,827
March 2026$1,715
April 2026$1,659
May 2026$1,647
June 2026$1,550
July 2026$1,412

Affordability calculator

Can I afford to live at Franklin St & N 7th St #9A?

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

$68,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $68,000 annually to afford this 1-bedroom median monthly rent price of $1,700.
For more information on rent affordability, visit our rent calculator.

Schools near Parkway arms

Belleville Public School No. 4

30 magnolia st

belleville, NJ, 7109

PK, K-6Public
C+

Early Childhood Center of the Northward

29 summer pl

newark, NJ, 7104

PKPublic

Early Childhood School - North

228 ridge st

newark, NJ, 7104

PKPublic

Hornblower Early Edudcation Elementary School

229 main st

belleville, NJ, 7109

PKPublic

Salome Urena Elementary School

284 first ave

newark, NJ, 7104

PK, K-8Public
C
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Internet available near Parkway arms

Getting around Newark near Franklin St & N 7th St #9A

Walking

6/10
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 Franklin St & N 7th St #9A, Newark

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

3/10
Some bars within walking distance

Explore the area around Franklin St & N 7th St #9A

National Food Stores Inc
37 Franklin St
Superfresh Food World
115 Belmont Ave
Stop & Shop Supermarket
8 Franklin St
Tarik West Indian American Grocery
10 Bloomfield Ave
Bobby Leon Grocery
29 Bloomfield Ave

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