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    696 Dr, Unit Martin Luther King J Newark, NJ 07102

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    For Lease
    $2,750 /Mo

    Three-bedroom, two-bathroom apartment with modern amenities and historic details.

    Lot size:
    0.13 Acres

    Property Features for 696 Dr

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    2024

    Source: COLDWELL BANKER REALTY Agent IMANI MCCLENDON

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

    Overview

    Spacious Apartment with Historic Charm

    This spacious apartment features three bedrooms and two full bathrooms. The open layout and large windows provide natural light. Central heating and cooling are included, along with in-unit washer and dryer hookups. The apartment has been updated while maintaining its historic charm.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1735
    Latitude
    40.7357

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    FAQs

    What type of property is this?
    Multifamily property - Three-bedroom, two-bathroom apartment with modern amenities and historic details.
    Where is this multifamily property located?
    The property is located at 696 Dr, Unit Martin Luther King J Newark, NJ.
    What are key features of this property?
    This property features: - Spacious 3-bedroom apartment with 2 full bathrooms.; - Open layout and large windows providing abundant natural light.; - Central heating and cooling for year-round comfort.
    (973) 378-8300
    Request Owner's contact information
    696 Dr, Unit Martin Luther King J Newark, NJ 07102
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    Newark, NJ 07102
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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
    696 Dr, Unit Martin Luther King J Newark, NJ 07102
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