Amenities for 47 Milford Ave #16, South Broad Street

Apartment Amenities

Air Conditioning

Hardwood Floor

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. Security deposits may be refundable, however, be sure to discuss with your landlord and check your lease agreement for specific terms. Always meet the landlord in person. Always tour the property. Never wire any money.

$2,700

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 47 Milford Ave #16

Home

Apartments in Newark

South Broad Street

47 Milford Ave #16, Newark, NJ 07108, USA

Sweet deal!

This listing is 25% below the median price for 3 bedroom apartments in South Broad Street.

Discover this beautifully renovated three-bedroom apartment that combines style, space, and sunlight. The moment you walk in, you'll feel right at home an open and airy layout, large windows that welcome in plenty of natural light, and thoughtful finishes designed for everyday comfort. Enjoy a bright, modern kitchen perfect for cooking and entertaining, along with spacious bedrooms that offer plenty of room to relax and recharge. The apartment is tastefully updated with quality finishes, creating a fresh, contemporary atmosphere. Located in a well-maintained building, this home offers more than just comfort it provides convenience and accessibility. You're just minutes from downtown Newark, with a quick commute to New York City and easy access to major highways, public transportation, shopping, and dining. Whether you're looking for your first apartment or your next home, this one checks all the boxes bright, beautiful, and ideally located. Don't miss your chance to see it schedule your visit today and experience the best of Newark living at 47 Milford! 740+ credit score for this special price low credit no problem, call to discuss your options

Address details

Neighborhood	South Broad Street
Zip code	07108
Type	Apartment for rent

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Rent trends in South Broad Street

3-bedroom apartments at 47 Milford Ave #16 cost about 25% less than the average rent price for 3-bedroom apartments in South Broad Street.

Median rents as of Apr 25 2026.

South Broad Street

Newark

A table of 3-bedroom apartment rental data trends in Newark
Month	Median Rent
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	$2,348
December 2025	$2,300
January 2026	$2,346
February 2026	$2,349
March 2026	$2,312
April 2026	$2,382

A table of 3-bedroom apartment rental data trends in South Broad Street
Month	Median Rent
May 2024	$2,131
June 2024	$2,000
July 2024	$2,400
August 2024	$2,440
September 2024	$2,450
October 2024	$2,533
November 2024	$2,663
December 2024	$2,678
March 2025	$2,262
April 2025	$2,475
May 2025	$2,595
June 2025	$2,258
July 2025	$2,468
August 2025	$2,557
September 2025	$2,585
October 2025	$2,553
November 2025	$2,385
December 2025	$2,343
January 2026	$2,410
February 2026	$2,432
March 2026	$2,392
April 2026	$2,397

Affordability calculator

Can I afford to live at 47 Milford Ave #16?

Bedrooms

3 bedrooms

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

$72,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.

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

Monthly rent	$1,800
Beds	3
Baths	1
Sqft	–

Monthly rent	$1,800
Beds	3
Baths	1
Sqft	–

47 Milford Ave #1647 Milford Ave #16, Newark, NJ 07108, USA

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Location

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Amenities for 47 Milford Ave #16, South Broad Street

Policies and fees

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Pets

Pets

Dog Policy

Cat Policy

SITUATIONAL FEES

Incidentals

Incidentals

Property details

About 47 Milford Ave #16

Address details

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Rent trends in South Broad Street

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Schools near 47 Milford Ave #16

Louise A. Spencer School

Belmont Runyon School

Avon Avenue School

Quitman Street School

Cleveland Elementary School

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47 Milford Ave #16
47 Milford Ave #16, Newark, NJ 07108, USA