Welcome to this cozy 1-bedroom, 1-bathroom basement apartment in Newark's Seventh Avenue area. Available now for $1,200 per month, this unit offers a practical living space with the added convenience of all utilities included.
Property Features: 1 Bedroom. 1 Full Bathroom. Basement apartment. Comfortable, functional layout. Laundry available. Convenient street parking. Available now. Convenient access to everyday amenities. Utilities: All utilities included in the monthly rent. Contact management to confirm the specific services covered.
Location Highlights: Located on Parker Street in Newark's Seventh Avenue area, the apartment provides convenient access to local shopping, restaurants, grocery stores, parks, and public transportation.
Nearby Broadway and Bloomfield Avenue offer supermarkets, pharmacies, restaurants, shops, and other everyday services. Branch Brook Park, one of Newark's major recreational destinations, is also accessible from the neighborhood and offers walking paths, green spaces, and recreational areas.
Residents have access to NJ Transit bus routes and nearby Newark Light Rail, providing connections toward Downtown Newark and Newark Penn Station. The location also offers access to Rutgers University-Newark, NJIT, Essex County College, and other destinations throughout Newark.
Drivers can connect to Route 21 and I-280, providing convenient travel throughout Newark and surrounding North Jersey communities.
Interested? Reach out today to schedule a private tour, ask any questions, and take the next step toward making this your new home.
Disclaimer: Photos May Show A Similar Unit And May Not Represent The Exact Apartment Available. Pricing, availability, features, fees, utilities, deposits, pet policies, parking, application requirements, and lease terms are subject to change without notice.... Please verify all information with the property manager before applying.
1 day on RentalSource
RentalSource last checked: 12 hours ago · Listing updated: October 27, 2026
This 1-bedroom, 1-bathroom apartment at 198 Parker St, Basement Unit in Newark, NJ 07104 rents for $1,200 a month. 198 Parker St, Basement Unit was advertised by NJ Leasing Co on October 27, 2026.
How the Rent Compares
At $1,200 a month, this apartment is well below the typical rent for 1-bedroom apartments and condos in Newark (about $1,700).
Typical $1,700This home $1,200
$2,350
From 60 one-bedroom apartments and condos listed in Newark on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,700Typical rent for 1-bedroom apartments and condos in Newark
Can I afford to live at 198 Parker St, Basement Unit?
Bedrooms
1 bedroom
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$48,000 /year
With your chosen rent-to-income ratio, an annual income of $48,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,200 per month.
