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605-607 MAYOR GIBSON offers strong value with an 8.8/10 overall rating, combining excellent price, amenities, and location scores with a trustworthy listing. Notable features include laundry facilities, central air conditioning, bike storage, a game room, luxury finishes, and spacious layouts, while the 16 photos provide a helpful visual preview.
Things you’ll love
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Eco living| 0BR/1.0BA | Studio | 1 bath | 750 sqft | $1,800 /mo | 1 unit available | These modern units feature an open, loft-style layout with extra high ceilings, creating a bright and airy living space perfect for comfortable, upscale living. Highlights Include: -New construction with luxury finishes -Extra high ceilings with loft-style design -Spacious, open-concept layouts -On-site fitness center -Laundry facilities in building -Bike storage available -Luxury resident lounge -Game room Located in the heart of Downtown Newark, you'll have easy access to public transportation, top dining, shopping, and entertainment options. Experience the perfect blend of history and modern luxury schedule a tour today! $50.00 one time application fee Credit Score 600 + No Prior Evictions No Felonies 1-months Security Income is three (3) times the rent To apply you must provide: *3 pay stubs *Valid ID *Valid Social Security Card *Landlord Reference | |
| 1BR/1.0BA | 1 bed | 1 bath | 750 sqft | $2,000 /mo | 1 unit available | Discover a comfortable modern one-bedroom, one-bath apartment in Downtown Newark, NJ. featuring in-unit convenience and building amenities designed for everyday living. The unit includes a refrigerator and a washer/dryer, and is served by central air conditioning. Residents have access to a -fitness center/gym for workouts, -game room and lounge room for relaxation and socializing, -plus a bike storage room for secure bicycle storage. This apartment offers a practical layout and community spaces that support an active, convenient lifestyle. $50.00 one time application fee Credit Score 600 + No Prior Evictions No Felonies 1-months Security Income is three (3) times the rent To apply you must provide: *3 pay stubs *Valid ID *Valid Social Security Card *Landlord Reference |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
Appliances
| In-Unit Laundry | Refrigerator |
| Washer and Dryer |
Building
| Bike Storage Room | Fitness Center |
| Fitness Center/Gym | Game Room |
| Lounge Room | Residents Lounge |
Grounds
| Storage |
One-time.
One-time. Refundable.
| Units | 60 |
|---|
Discover a comfortable modern one-bedroom, one-bath apartment in Downtown Newark, NJ. featuring in-unit convenience and building amenities designed for everyday living. The unit includes a refrigerator and a washer/dryer, and is served by central air conditioning. Residents have access to a -fitness center/gym for workouts, -game room and lounge room for relaxation and socializing, -plus a bike storage room for secure bicycle storage. This apartment offers a practical layout and community spaces that support an active, convenient lifestyle. $50.00 one time application fee Credit Score 600 + No Prior Evictions No Felonies 1-months Security Income is three (3) times the rent To apply you must provide: *3 pay stubs *Valid ID *Valid Social Security Card *Landlord Reference
How 605-607 MAYOR GIBSON compares to other nearby properties.
Positives
Considerations
Studio apartments at 605-607 MAYOR GIBSON cost about 19% less than the average rent price for studios in Newark Central Business District.
1-bedroom apartments here are priced 18% lower than 1-bedrooms in Newark Central Business District.
| Month | Median Rent |
|---|---|
| August 2024 | $1,471 |
| 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 | $1,405 |
| August 2026 | $1,395 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,867 |
| September 2024 | $2,101 |
| October 2024 | $2,100 |
| November 2024 | $2,100 |
| December 2024 | $2,118 |
| January 2025 | $2,105 |
| February 2025 | $2,086 |
| March 2025 | $2,059 |
| April 2025 | $2,050 |
| May 2025 | $2,088 |
| June 2025 | $2,074 |
| July 2025 | $2,100 |
| August 2025 | $2,114 |
| September 2025 | $2,125 |
| October 2025 | $2,199 |
| November 2025 | $2,152 |
| December 2025 | $2,187 |
| January 2026 | $2,200 |
| February 2026 | $1,978 |
| March 2026 | $2,172 |
| April 2026 | $2,286 |
| May 2026 | $2,287 |
| June 2026 | $2,262 |
| July 2026 | $2,162 |
| August 2026 | $2,220 |
Can I afford to live at 605 Broad St?
Bedrooms
Rent-to-income ratio
30%
$72,000/yr
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Studio–2 Beds
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