Monthly rent

$4,000

Beds

Baths

2.5

Sqft

–

Monthly rent	$4,000
Beds	3
Baths	2.5
Sqft	–

9 Hours Ago

Location

49 Cornerstone Ln #1, Newark, NJ 07103, USA|University Heights

Tour 49 Cornerstone Ln #1

Contact

Rafeh Realty Property Management

(973) 474-7400

About 49 Cornerstone Ln #1

49 Cornerstone Ln #1 cost $4,000 per month. Located at 49 Cornerstone Ln #1, Newark, NJ 07103, USA, this unit has 3 bedrooms and 2 bathrooms. Based on the average rent price of 3 bedrooms in Newark, renting this apartment is 67% more expensive per month.Other available apartments to lease near Newark around the same price include but are not limited to: 289 Claremont Ave #NA, 95 Wall St #720

Neighborhood

University Heights

Zip code

07103

Type

House for rent

Rent trends in University Heights

3-bedroom apartments at 49 Cornerstone Ln #1 cost about 133% more than the average rent price for 3-bedroom apartments in University Heights.

Median rents as of Apr 25 2026.

University Heights

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 University Heights
Month	Median Rent
June 2024	$3,000
July 2024	$3,112
August 2024	$3,316
March 2025	$2,925
April 2025	$2,932
May 2025	$2,900
June 2025	$2,875
July 2025	$2,715
August 2025	$2,625
September 2025	$2,700
October 2025	$2,835
November 2025	$2,835
December 2025	$2,964
January 2026	$2,964
February 2026	$2,702
March 2026	$2,135
April 2026	$1,719

Affordability calculator

Can I afford to live at 49 Cornerstone Ln #1?

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

$160,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $160,000 annually to afford this 3-bedrooms monthly rent price of $4,000.

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

Schools near 49 Cornerstone Ln #1

Getting around Newark near 49 Cornerstone Ln #1

Walking

9/10

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

10/10

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

Points of interest for 49 Cornerstone Ln #1, Newark

Groceries

9/10

At least one supermarket within a 10-minute walk

Shopping

7/10

Several shops within a few minutes’ walk

Cafes

6/10

Some cafés within a few minutes’ walk

Restaurants

8/10

Variety of restaurants within a few minutes' walk

Primary schools

9/10

At least one elementary school within a 10-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

4/10

Some bars within a few minutes’ walk

49 Cornerstone Ln #149 Cornerstone Ln #1, Newark, NJ 07103, USA

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Schools near 49 Cornerstone Ln #1

Sir Isaac Newton Elementary School

McKinley School

Sussex Avenue Renew School

Quitman Street School

Camden Street Elementary School

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Getting around Newark near 49 Cornerstone Ln #1

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Points of interest for 49 Cornerstone Ln #1, Newark

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Primary schools

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Parks

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49 Cornerstone Ln #1
49 Cornerstone Ln #1, Newark, NJ 07103, USA