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605-607 MAYOR GIBSON earns strong marks for value, amenities, location, and trust, with an overall score of 8.8 out of 10 and standout features like laundry facilities, central air conditioning, bike storage, a game room, luxury finishes, and spacious layouts. It is also appealing for social connection and sustainable living, with nearby event hubs, on-site community spaces, strong walkability, and access to public transit and parks, while photos and proximity to a top-rated elementary school add further appeal.
Things you’ll love
Elementary school nearbyExtra storageFitness centerGreat for
Eco living
Social life| 0BR/1.0BA | Studio | 1 bath | 550 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 | $2,050–$2,100 /mo | 2 units 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.
Appliances
| In-Unit Laundry | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Building
| Bike Storage | Fitness Center |
| Game Room | Gym |
| Lounge | Onsite Laundry |
| Residents Lounge |
Grounds
| Storage |
One-time.
One-time. Refundable.
| Units | 3 |
|---|
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
How 605-607 MAYOR GIBSON compares to other nearby properties.
Positives
Considerations
Studio apartments at 605-607 MAYOR GIBSON cost about 7% less than the average rent price for studios in Newark Central Business District.
1-bedroom apartments here are priced 11% lower than 1-bedrooms in Newark Central Business District.
| Month | Median Rent |
|---|---|
| November 2024 | $1,537 |
| 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 | $1,386 |
| September 2026 | $1,372 |
| October 2026 | $1,309 |
| Month | Median Rent |
|---|---|
| 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 | $2,131 |
| September 2026 | $1,919 |
| October 2026 | $1,995 |
Can I afford to live at 605 Broad St?
Bedrooms
Rent-to-income ratio
30%
$72,000/yr
1 colonnade pl
newark, NJ, 7104
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21 quitman st
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10 Van Ness Ct
1–2 Beds
$2,694–$2,859
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
4828 Tonnelle Ave
Studio–2 Beds
$2,162–$3,433
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.100 Sterling Blvd
1–2 Beds
$2,869–$5,711
Total Monthly Price. The price shown reflects an 11-month lease and includes base rent and all known required monthly fees, based on information provided by the property.110 E Columbia Ave
Studio–1 Bed
$1,550
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Newark Central Business District • 30 Clinton St
1 Bed
$2,200–$2,250
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.420 Highland Ave
Studio–1 Bed
$1,795–$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3 Lucille Pl
3 Beds
$1,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Ironbound • 42 Vesey St
1–2 Beds
$2,223–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.10 Van Ness Ct
1–2 Beds
$2,694–$2,859
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.4828 Tonnelle Ave
Studio–2 Beds
$2,162–$3,433
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.100 Sterling Blvd
1–2 Beds
$2,869–$5,711
Total Monthly Price. The price shown reflects an 11-month lease and includes base rent and all known required monthly fees, based on information provided by the property.110 E Columbia Ave
Studio–1 Bed
$1,550
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Newark Central Business District • 30 Clinton St
1 Bed
$2,200–$2,250
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.420 Highland Ave
Studio–1 Bed
$1,795–$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3 Lucille Pl
3 Beds
$1,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Ironbound • 42 Vesey St
1–2 Beds
$2,223–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
