Apartment for rent

Pet friendly

Updated 2 Minutes Ago

Historic Inspired Multifamily Residences – 402 Broad Street, Newark Apartments
402 Broad St, Newark, NJ 07104, USA

Skye Property Management LLC

Monthly rent	$2,250
Beds	2
Baths	1
Sqft	790

Monthly rent	$2,250
Beds	2
Baths	1
Sqft	790

Updated 2 Minutes Ago

Highlights

Pet Friendly

Location

402 Broad St, Newark, NJ 07104, USA|Mount Pleasant - Lower Broadway

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Tour Historic Inspired Multifamily Residences – 402 Broad Street, Newark

Contact

Managed by

Management

Skye Property Management LLC

Leasing office

(862) 772-8401 ext. 2

Floor plans

2 Bed x 1 Bath

2 bed

1 bath

790 sqft

$2,250 /mo

1 unit available

Located on one of Newark’s most prominent and active corridors, 402 Broad Street offers a premier downtown address with exceptional visibility and accessibility. The property sits along a major transit spine, minutes from Newark Penn Station, Broad Street Station, and multiple bus lines, providing seamless connectivity to New York City and the greater North Jersey area. Surrounded by a dense mix of office buildings, retail, restaurants, universities, cultural institutions, and government offices, the location benefits from consistent foot traffic and daily activity. Its central position within Newark’s business and civic core makes it highly attractive for commercial use, professional services, or long-term investment in a steadily revitalizing downtown market.

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Amenities for Historic Inspired Multifamily Residences – 402 Broad Street, Newark

Building

Cats OK

Dogs OK

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units	4

About Historic Inspired Multifamily Residences – 402 Broad Street, Newark

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Apartments in Newark

Mount Pleasant - Lower Broadway

Historic Inspired Multifamily Residences – 402 Broad Street, Newark

A boutique residential building offering spacious two‑bedroom apartments with hardwood floors, modern kitchens and baths, in‑unit laundry, and controlled access in the Mount Pleasant/Lower Broadway neighborhood; just steps from Broad Street Station, transit connections, dining, and downtown amenities — blending walkable urban living with contemporary comfort.

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Rent trends in Mount Pleasant - Lower Broadway

2-bedroom apartments at Historic Inspired Multifamily Residences – 402 Broad Street, Newark cost about 6% less than the average rent price for 2-bedroom apartments in Mount Pleasant - Lower Broadway.

Median rents as of Jul 4 2026.

Mount Pleasant - Lower Broadway

Newark

A table of 1-bedroom apartment rental data trends in Newark
Month	Median Rent
July 2024	$1,587
August 2024	$1,518
September 2024	$1,543
October 2024	$1,512
November 2024	$1,681
December 2024	$1,712
January 2025	$1,785
February 2025	$1,750
March 2025	$1,715
April 2025	$1,750
May 2025	$1,728
June 2025	$1,722
July 2025	$1,700
August 2025	$1,762
September 2025	$1,769
October 2025	$1,759
November 2025	$1,820
December 2025	$1,761
January 2026	$1,781
February 2026	$1,732
March 2026	$1,706
April 2026	$1,712
May 2026	$1,658
June 2026	$1,600
July 2026	$1,600

A table of 1-bedroom apartment rental data trends in Mount Pleasant - Lower Broadway
Month	Median Rent
January 2025	$2,216
February 2025	$2,208
March 2025	$2,186
April 2025	$2,175
May 2025	$2,222
June 2025	$2,211
July 2025	$2,178
August 2025	$2,139
September 2025	$2,133
October 2025	$2,152
November 2025	$2,151
December 2025	$2,222
January 2026	$2,222
February 2026	$2,227
April 2026	$2,100
May 2026	$2,095
June 2026	$1,996

Affordability calculator

Can I afford to live at 402 Broad St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

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The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$90,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $90,000 annually to afford this 2-bedrooms monthly rent price of $2,250.

For more information on rent affordability, visit our rent calculator.

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