Updated 5+ Days Ago
Location
486 Market Street #502, Newark, NJ 07105, US|North Ironbound
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 486 Market Street #502
This apartment is in the heart of Newark in the ironbound area located near and around many local businesses from stores to restaurants with amazing food and diverse cultures. This property also gives you a choice of either a 13 month lease with 1 month free or an 18 month lease with 2 months free and the security deposit is $500.
Lease Terms
1 yearAddress details
| Neighborhood | North Ironbound |
|---|---|
| Zip code | 07105 |
| Type | Apartment for rent |
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Rent trends in North Ironbound
2-bedroom apartments at 486 Market Street #502 cost about 49% more than the average rent price for 2-bedroom apartments in North Ironbound.
Median rents as of Jul 18 2026.
North Ironbound
Newark
| Month | Median Rent |
|---|---|
| August 2024 | $2,165 |
| September 2024 | $2,150 |
| October 2024 | $2,112 |
| November 2024 | $2,140 |
| December 2024 | $2,225 |
| January 2025 | $2,262 |
| February 2025 | $2,300 |
| March 2025 | $2,180 |
| April 2025 | $2,125 |
| May 2025 | $2,100 |
| June 2025 | $1,986 |
| July 2025 | $1,990 |
| August 2025 | $1,999 |
| September 2025 | $2,000 |
| October 2025 | $2,000 |
| November 2025 | $1,995 |
| December 2025 | $1,999 |
| January 2026 | $2,014 |
| February 2026 | $2,000 |
| March 2026 | $1,999 |
| April 2026 | $2,000 |
| May 2026 | $1,988 |
| June 2026 | $1,919 |
| July 2026 | $1,889 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,483 |
| November 2024 | $2,586 |
| December 2024 | $2,787 |
| January 2025 | $2,813 |
| February 2025 | $2,633 |
| March 2025 | $2,394 |
| April 2025 | $2,344 |
| May 2025 | $2,305 |
| June 2025 | $2,312 |
| July 2025 | $2,279 |
| August 2025 | $2,248 |
| September 2025 | $2,201 |
| October 2025 | $2,135 |
| November 2025 | $2,305 |
| December 2025 | $2,450 |
| January 2026 | $2,450 |
| February 2026 | $2,413 |
| March 2026 | $2,243 |
| April 2026 | $2,368 |
| May 2026 | $2,285 |
| June 2026 | $2,225 |
| July 2026 | $2,325 |
Affordability calculator
Can I afford to live at 486 Market Street #502?
Bedrooms
2 bedroomsRent-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
$140,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 2-bedrooms monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.
Schools near 486 Market Street #502
Lafayette Street Elementary School
205 lafayette st
newark, NJ, 7105
PK, K-8Public
C
Wilson Avenue School
19 wilson ave
newark, NJ, 7108
K-8Public
C
Ann Street School
30 ann st
newark, NJ, 7105
PK, K-8Public
B-
Early Childhood Center of the Ironbound
697 market st
newark, NJ, 7105
PKPublic
East Ward Elementary School
104 oliver st
newark, NJ, 7105
PK, K-5Public
C-
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Internet available near 486 Market Street #502
Getting around Newark near 486 Market Street #502
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
6/10
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 486 Market Street #502, Newark
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
Explore the area around 486 Market Street #502
Shorty's Poultry Market
52 Madison St
Bonzao Supermarket
70 Adams St
Seabra Foods
123 Ferry St
Mompou Tapas Wine Bar & Lounge
77 Ferry St
Emporium 218 Supermarket
218 Ferry St
Carbo International Jewelers
134 Ferry St
Got Shoes? Work
112 Ferry St
Got Shoes
172 Ferry St
Outlet Inc
172 Ferry St
Maranathas Boutique
151 Ferry St
Souzafit Restaurant-Newark
70 Adams St
Dunkin'
139 1/2 Ferry St
Dunkin'
3 Penn Plz E
Dunkin'
596 Market St
Sihana Caf+
71 Ferry St
Little Tijuana
538 Market St
Adega Restaurant
132 Ferry St
Boi na Brasa Bar & Grill
1 Merchant St
Manu's Tapas Bar-Sushi Lounge
90 Ferry St
Status Lounge
41 Congress St
Golden Farm Market
470 Market St
TBB Inc
184 Ferry St
Delicias Bakery
167 Ferry St
Teixeira's Bakery
186 Ferry St
Nova Alianca Bakery
121 Ferry St
Riverbank Park
Mother Cabrini Park
Peter Francisco Park
Garden
Independence Park
Titanic Restaurant
486 Market St
Bocaditos Colombianos
520 Market St
Little Tijuana
538 Market St
Doc's Confections
13 Clover St
Boi na Brasa Steakhouse
70 Adams St
MARKET ST AT MONROE ST
,
RAYMOND BLVD 30'E OF JEFFERSON STREET
, ,
RAYMOND BLVD AT JERSEY ST
, ,
FERRY ST AT ADAMS ST
,
FERRY ST AT ADAMS ST
,
Newark
Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train
NEWARK PENN STATION
Northeast Corridor, North Jersey Coast Line, North Jersey Coast Line, Raritan Valley Line
Harrison
Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train
NEWARK BROAD ST
Montclair-Boonton Line, Montclair-Boonton Line, Morris & Essex Line, Gladstone Branch
NEWARK AIRPORT RAILROAD STATION
Northeast Corridor, North Jersey Coast Line
PENN STATION LIGHT RAIL ARRIVAL
Newark Light Rail
PENN STATION LIGHT RAIL DEPARTURE
Newark Light Rail
NJPAC/CENTRE STREET LIGHT RAIL STATION
Newark Light Rail
MILITARY PARK LIGHT RAIL STATION
Newark Light Rail
WASHINGTON STREET LIGHT RAIL STATION
Newark Light Rail
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