9 properties observed within a 5-mile radius of Newark City center, average asking rent $1,732.
| Type | Avg asking | Avg effective | Avg sqft | Properties |
|---|---|---|---|---|
| Studio | $1,282 | $1,282 | 497 | 5 |
| 1 bedroom | $1,843 | $1,843 | 885 | 7 |
| 2 bedroom | $2,808 | $2,808 | not observed | 2 |
| 3 bedroom | not observed | not observed | not observed | 0 |
| 4+ bedroom | not observed | not observed | not observed | 0 |
Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent.