High Park Terrace
36 Muhammad Ali Ave,
Newark, NJ 07108
$1,500 - $2,150
1-3 Beds
The South Broad Street neighborhood sits just south of Downtown Newark. This area is very walkable and accessible to public transportation, making it easy to get around the city. Many apartments and condos for rent sit within walking distance of Lincoln Park, where locals gather for events such as the popular Lincoln Park Music Festival, a community celebration of music, food, and culture that features live gospel, hip hop, and jazz. The New Jersey Institute of Technology, Newark Museum of Art, and Rutgers University Newark Campus sit nearby, so there are plenty of options for further education and entertainment around South Broad Street.
As of March 2026, the average apartment rent in South Broad Street is $551 for a studio, $1,174 for one bedroom, $1,503 for two bedrooms, and $1,348 for three bedrooms. Apartment rent in South Broad Street has decreased by -0.5% in the past year.
Studio
324 sq ft
Average Sq Ft
$551/month
Average Rent
1 BR
532 sq ft
Average Sq Ft
$1,174/month
Average Rent
2 BR
866 sq ft
Average Sq Ft
$1,503/month
Average Rent
3 BR
915 sq ft
Average Sq Ft
$1,348/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly South Broad Street - Newark, NJ is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
You’ll have excellent transit living in this area, with several nearby transit stops.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
9 years and 8 months ago•Niche Review
I felt unsafe in this area almost every day that I lived here. People tried to break into our house three times. We moved, eventually.
Niche User
10 years and 11 months ago•Niche Review
There isn't much to eat around here. I have to take the car and drive for at least ten minutes before I get to a nice place to eat.
Niche User
10 years and 11 months ago•Niche Review
There aren't an employers in my neighborhood. It's a sort of shady neighborhood where I don't walk around outside very much. There is more employment in the ironbound, which is nearby, but it is hard to find a job due to the high level of immigrants willing to work under the table.
Niche User
10 years and 11 months ago•Niche Review
It's a great balance of warmth in the summer and cold in the winter. Some snow in the winter, but it's nice to have a school day off sometimes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.