Comptroveby RentSpire

Brand New Luxury Apartments in Newark, NJ

777 Mccarter Highway, Newark City, NJ, 07102

subsidized 777 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $2,908. Average effective rent: $2,908.

TypeAsking rentEffective rentAvg sqftObservations
Studio$2,350$2,3505904

HUD Fair Market Rent gap

HUD area: Newark, NJ HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Montgomery Heights Newark, NJ 0.84 mi $1,353 41%

Sources & provenance

Sourced from https://www.iconiq777.com/ — 20 observation(s), last observed Jul 26, 2026.

Data age: 22 days. Last observed: Jul 26, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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