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    48 Elliott St Newark, NJ 07104

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    For Lease
    $2,400 /Mo

    Bright 3BR apartment with balcony, laundry hook-up, shared backyard.

    Lot size:
    0.07 Acres

    Property Features for 48 Elliott St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1920

    Source: IMPROOV HOMES Agent IMBAR MEIDANI

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

    Overview

    Spacious 3BR Apartment in Newark

    This spacious 3-bedroom, 1-bathroom apartment is located in the North Newark area, bordering Belleville. The property is situated across from elementary schools and two blocks from McCarter Highway, providing access to various destinations. The apartment features three bedrooms and a walk-in closet in the master bedroom that leads to a private balcony. The unit includes a large kitchen equipped with a refrigerator and stove, as well as in-unit laundry hook-ups and baseboard heating. Residents have access to a shared backyard.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1618383
    Latitude
    40.7752016

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    FAQs

    What type of property is this?
    Apartment building - Bright 3BR apartment with balcony, laundry hook-up, shared backyard.
    Where is this apartment building located?
    The property is located at 48 Elliott St Newark, NJ.
    What are key features of this property?
    This property features: - Spacious 3BR apartment in North Newark.; - Ideally located near schools and McCarter Highway.; - Master bedroom with walk-in closet and private balcony.
    (973) 743-9333
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    48 Elliott St Newark, NJ 07104
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    Newark, NJ 07104
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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
    48 Elliott St Newark, NJ 07104
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