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    196 2Nd St, Unit 2 Newark, NJ 07107

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    For Lease
    $2,250 /Mo

    Recently renovated three-bedroom apartment with modern amenities and convenient location.

    Lot size:
    0.08 Acres

    Property Features for 196 2Nd St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    9999

    Source: VERIFIED HOMES Agent NELSON MOTA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Apartment Near Transportation

    This recently fully renovated apartment, located on the 2nd floor, is ready for its first tenant. The unit features three bedrooms, one full bath, a spacious living room, and an eat-in kitchen equipped with a brand-new refrigerator. In-unit washer and dryer hookups are available. The apartment offers modern living with all-new finishes throughout, including ample closet space, a spacious walk-in pantry, and a walk-in closet in the primary bedroom. The property is conveniently located near Rt 280, the Garden State Parkway, and the Newark Orange St. Light Rail station, providing quick access to downtown Newark and its various restaurants, shops, and entertainment options. Parking is available for an additional $100 per month.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1862288
    Latitude
    40.7527595

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    FAQs

    What type of property is this?
    Apartment building - Recently renovated three-bedroom apartment with modern amenities and convenient location.
    Where is this apartment building located?
    The property is located at 196 2Nd St, Unit 2 Newark, NJ.
    What are key features of this property?
    This property features: - Fully renovated apartment with all-new finishes.; - Three bedrooms, one full bath, spacious living room, and eat-in kitchen.; - In-unit washer and dryer hookups.
    (973) 888-1293
    Request Owner's contact information
    196 2Nd St, Unit 2 Newark, NJ 07107
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    Newark, NJ 07107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    196 2Nd St, Unit 2 Newark, NJ 07107
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