Monthly rent

$1,300

Beds

Studio

Baths

Sqft

–

Monthly rent	$1,300
Beds	Studio
Baths	1
Sqft	–

Updated 5+ Days Ago

Location

120 S 7th St #3, Newark, NJ 07107, USA|Fairmount

Tour 120 S 7th St #3

Contact

EXIT Platinum Realty

(844) 336-1024 ext. 4529

About 120 S 7th St #3

Property Status: Pending Renovated 3rd floor studio apartment with small bonus room and kitchen. Under 5 minutes to public transportation and downtown Newark, within 10 minutes of major highways and within 15 minutes of Newark airport. Tenant pays electric only. Small pets incur a $50/month pet fee along with a $200 deposit. First month's rent, 1 month security deposit, and background check required. Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Source: Garden State MLS, LLC|MLS Listing No. 4023867

Go to property website

Neighborhood

Fairmount

Zip code

07107

Type

Apartment for rent

Rent trends in Fairmount

Median rents as of Aug 1 2026.

Fairmount

Newark

A table of 1-bedroom apartment rental data trends in Newark
Month	Median Rent
August 2024	$1,500
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	$1,598
August 2026	$1,600

A table of 1-bedroom apartment rental data trends in Fairmount
Month	Median Rent
May 2025	$1,700
June 2025	$1,675
July 2025	$1,600
August 2025	$1,595
December 2025	$1,500
January 2026	$1,500
March 2026	$1,820
April 2026	$1,674
May 2026	$1,584
June 2026	$1,599
July 2026	$1,531
August 2026	$1,525

Affordability calculator

Can I afford to live at 120 S 7th St #3?

Bedrooms

Studio

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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this studio monthly rent price of $1,300.

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

Schools near 120 S 7th St #3

Getting around Newark near 120 S 7th St #3

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

5/10

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

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 120 S 7th St #3, Newark

Groceries

9/10

At least one supermarket within a 10-minute walk

Shopping

6/10

Several shops within a few minutes’ walk

Cafes

4/10

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 5-minute walk

High schools

8/10

At least one high school within a 10-minute walk

Parks

8/10

Large amount of park space nearby

Nightlife

4/10

Some bars within walking distance

Explore the area around 120 S 7th St #3

San Miguel Supermarket Inc

180 12th Ave

Reyes Mini Market

110 Littleton Ave

Alina's Supermarket

294 S 10th St

General Eight Brothers

300 S Orange Ave

Bisono Supermarket

533 Central Ave

120 S 7th St #3120 S 7th St #3, Newark, NJ 07107, USA

Location

Tour 120 S 7th St #3

Contact

Amenities for 120 S 7th St #3, Fairmount

Policies and fees

Applicants

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REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

About 120 S 7th St #3

Address details

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Rent trends in Fairmount

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Schools near 120 S 7th St #3

13th Avenue School

John F. Kennedy School

Michelle Obama Elementary School

14th Avenue School

Sussex Avenue Renew School

Internet available near 120 S 7th St #3

Neighborhood

Getting around Newark near 120 S 7th St #3

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Transit

Points of interest for 120 S 7th St #3, Newark

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Explore the area around 120 S 7th St #3

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Homes in Fairmount

120 S 7th St #3
120 S 7th St #3, Newark, NJ 07107, USA