502 Market St, Unit 1B

$1,999
Price
1
Bed
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 502 Market Street " a brand-new luxury building offering 29 modern apartments in the heart of Newark's vibrant Ironbound section. This stunning 1-bedroom, 1-bathroom unit features a spacious open-concept layout with a stylish kitchen equipped with stainless steel appliances, quartz countertops, and a dishwasher. Enjoy large windows that flood the apartment with natural light and offer beautiful city views. Additional features include central A/C and heating, elevator access, and pet-friendly...Welcome to 502 Market Street " a brand-new luxury building offering 29 modern apartments in the heart of Newark's vibrant Ironbound section. This stunning 1-bedroom, 1-bathroom unit features a spacious open-concept layout with a stylish kitchen equipped with stainless steel appliances, quartz countertops, and a dishwasher. Enjoy large windows that flood the apartment with natural light and offer beautiful city views. Additional features include central A/C and heating, elevator access, and pet-friendly accommodations. Live just steps away from some of the best restaurants, bakeries, gyms, supermarkets, and shops the Ironbound has to offer. The building is ideally located near Riverbank Park and the Riverfront, which offer scenic walking and running paths, as well as sports fields. Commuters will appreciate the proximity to Newark Penn Station, Red Bull Arena, Prudential Center, Rutgers University, Seton Hall Law School, NJPAC, and Newark International Airport. Don't miss the opportunity to experience comfort, convenience, and an unbeatable location " schedule your visit today and discover all that 502 Market Street and the city of Newark have to offer!
  1. Listed by VANESSA SOARES • ROSA AGENCY
  2. Listed by CARLA FERREIRA • ROSA AGENCY

Property Details for 502 Market Street, Unit 1B

Directions
Penn Station Plaza E to Market Street, between Market St & Monroe St
Days On Market
36
Pets Allowed
NumLimit, SizLimit, Y
Primary Property Type
Apartmt
Available
Immediately
LISTING UPDATED: 08/25/2025 09:55 PM

Property Details for 502 Market Street, Unit 1B

StatusActive
MLS #3976428
Days on Market145
Rental Incentives-
Available Date07/20/2025
Lease Term1 Year, Renewal Option
Furnished-
Compass TypeRental
MLS TypeResidential Rental
Year Built2024
Lot Size0.07 AC / 3,049 SF
CountyEssex County

Location

Listing Courtesy of ROSA AGENCY, VANESSA SOARES; ROSA AGENCY, CARLA FERREIRA
Add your commute

Building Information for 502 Market Street, Unit 1B

Building/Complex502 Market StFloor1Stories-Residences-Pet Policy-Pet Policy Details-Year Built2024Lot Size0.07 AC / 3,049 SF

Property Information for 502 Market Street, Unit 1B

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 36
  • County #: Essex
  • Town Name: Newark City
  • Community Living: No
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Unit #: 1B
  • Street # Display: 502.0
  • Location: Corner
  • County Or Parish: Essex
  • Street Name: Market St
  • Zip Code: 07105
Taxes and HOA Information
  • Acres Tax: *
  • County Tax: *
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax ID For Property: 1614-02001-0000-00001-0000-BLDG
  • Tax Id Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking, See Remarks
Property
Lot Information
  • Appliances: Appliances, Carbon Monoxide Detector, Dishwasher, Exhaust System, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Electric, Refrigerator
  • Approximate Lot Size: 28.4X100
  • Total Acres: 0.07
  • Construction Date/Year Built: 2024
  • Construction Date/Year Built Des: Under Construction
Utilities
  • Cooling: Ductless Split AC
  • Water: Public Water
  • Sewer: Public Sewer
  • Amenities: Elevator
Interior and Exterior Features
Interior Features
  • Flooring: Carpeting, Laminate
  • # Baths: 1.0
  • # Full Baths: 1
  • # Half Baths: 0
  • # Bedrooms: 1
  • Easement: Unknown
  • # Rooms: 3
  • Furnished Info: Unfurnished
Rental
Rental Information
  • Lease Information: 1 Year, Renewal Option
  • Tenant Pays: Electric, Heat, Hot Water
  • Owner Pays: Sewer, Water
  • Rent Includes: Sewer, Water
  • Pre-Rental Requirements: 1.5MthSy, CredtRpt, IncmVrfy, SeeRem, TenAppl

Property History for 502 Market Street, Unit 1B

DateEvent & SourcePriceAppreciation
Jul 20, 2025

Listed (Active)

GSMLS #3976428

$1,999
Jan 26, 2023

Temporarily Off Market

NJMLS #23002412

Jan 26, 2023

Listed (Active)

NJMLS #23002412

$2,400
DateEvent & SourcePrice
07/20/2025

Listed (Active)

GSMLS #3976428

$1,999
01/26/2023

Temporarily Off Market

NJMLS #23002412

01/26/2023

Listed (Active)

NJMLS #23002412

$2,400

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 502 Market Street, Unit 1B

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Harriet Tubman Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

502 Market Street, Unit 1B is available for rent in Newark, NJ 07105. This property was listed on July 20, 2025 by ROSA AGENCY, it's currently listed at $1,999. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 502 Market Street, Unit 1B is a 1-bed, 1-bath, a property built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROSA AGENCY, VANESSA SOARES; ROSA AGENCY, CARLA FERREIRA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 12/13/2025 04:02 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/13/2025 04:02 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.