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Updated Apartment with Walk-In Closet
For Lease
$1,600/Mo

47 Montrose St, Newark, NJ 07106

Well-appointed apartment features hardwood floors, an updated stainless kitchen, and laundry facilities with convenient public transit access.

Space SizeContact for details
Property Size900 SF
Days on Market55

Property Features for 47 Montrose St

General Information

Standard status Active
Size 900 SF
Property subtype Multi Family
Lease Term 12 months

Building Details

Building Size 900 SF
Year Built 9999
Listing Agency:
Listed By: CAROLYN CRAWFORD
Source: Elliman
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 9 at 9:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAROLYN CRAWFORD

Investment Insights

Based on property information with market context.

This apartment offers hardwood flooring and inset lighting, along with ample closet space for storage. The updated kitchen includes stainless steel appliances: a stove, microwave, and refrigerator. The bedroom is designed for functionality with two closets, including one walk-in option. Laundry facilities are available on site.

Located in the Ivy Hill section, the property is positioned for commuting convenience. Public transportation is close by, and transit access supports an easy commute to NYC. Walkability is listed as somewhat walkable, while bike and transit scores indicate practical day-to-day mobility for residents.

This layout should appeal to tenants seeking a move-in ready home with modern kitchen upgrades and dependable in-building laundry access. The bedroom closet configuration, including a walk-in closet, adds day-to-day comfort, while the proximity to public transportation can support a range of commuting schedules.

Key Highlights

  • Well‑appointed apartment with hardwood floors and inset lighting
  • Updated kitchen with stainless steel appliances, including stove, microwave, and refrigerator
  • Bedroom includes 2 closets, one being a walk‑in

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,034
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-appointed apartment features hardwood floors, an updated stainless kitchen, and laundry facilities with convenient public transit access.
Where is this multifamily property located?
The property is located at 47 Montrose St Newark, NJ.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Well‑appointed apartment with hardwood floors and inset lighting; Updated kitchen with stainless steel appliances, including stove, microwave, and refrigerator; Bedroom includes 2 closets, one being a walk‑in
More about this property
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