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402 Broad St offers a strong mix of value, convenience, and amenities, with an 8.2 Zumper Expert Rating, a 10/10 amenities score, and a 9/10 location score. It features hardwood floors, controlled access, in-unit laundry, and spacious two-bedroom apartments, while also standing out for nearby pet services and access to a top-rated middle school.
Things you’ll love
Middle school nearbyDishwasherGreat for
Pet owners| 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. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Exposed Brick |
| High Ceiling | High Ceilings |
| Natural Light | Oversized Windows |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove | Washer and Dryer |
Building
| Brownstone Building | Cats OK |
| Controlled Access | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 4 |
|---|
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.
How 402 Broad St compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 402 Broad St cost about the same as the average rent price for 2-bedroom apartments in Mount Pleasant - Lower Broadway.
| 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 |
| 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 |
Can I afford to live at 402 Broad St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$90,000/yr
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