Newark Property Management

Earn more and stress less with all the tools + expert services you need to manage your rental property in Newark.

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See why thousands of homeowners love being part of the Nomad community

$250M+

Total rent guaranteed

10,000+

Owners served

New Jersey rental market

What Nomad homes rent for in New Jersey

$3,100

Median rent, 3-bed

20 days

Median time to lease

Median rent achieved and median time from listing to signed lease, for homes leased through Nomad in New Jersey over the last three years.

About Nomad

Nomad makes it easy to rent your Newark long-term property and provides financial certainty with guaranteed rent and $500k in property protection. With flexible marketing services, you can choose how involved you want to be in marketing the property and finding tenants. Plus, all owners get access to the owner’s portal where you can track earnings, manage maintenance requests and more!

Renting in Newark

Newark has the highest share of renters of any city Nomad serves: about 76% of occupied homes are rented, according to the U.S. Census Bureau's 2020–2024 American Community Survey. Only about 13% of its housing is single-family detached, so most renters live in apartments and multi-family buildings. Half the homes were built before 1967, and homes built before 1978 need a federal lead-based paint disclosure. Newark and New Jersey both have rental rules that go beyond many states, so check what applies to your property before you set the rent or sign a lease.

The Nomad Difference

Guaranteed Rent for Newark landlords

Investment properties can be risky. Grow your wealth worry free with the best landlord financial protections in the industry. Only Nomad offers Guaranteed Rent, $500,000 of Property Protection, and Rent Advance.

"Nomad was incredibly helpful in talking us through the options and mapping out the financial implications for our potential scenarios."

Lauren

Nomad Homeowner since 2020

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New Jersey rules every landlord should know

Security deposit limit: 1.5 months' rent; any yearly increase is capped at 10% of the current deposit. Owner-occupied buildings with 2 or fewer rental units are exempt unless the tenant opts in
Deposit return deadline: 30 days after the lease ends; 5 business days if the tenant is displaced by fire, flood, condemnation or evacuation
Late fee limit: No statutory limit; renters on Social Security, SSI, disability, certain pensions or Work First NJ get a 5-business-day grace period
Notice before entering: No statutory requirement; in buildings with 3 or more units, regulations require 1 day's notice for inspections and repairs, except in emergencies
Notice to end a month-to-month lease: Not allowed without good cause under the Anti-Eviction Act; owner-occupied buildings with 2 or fewer rental units are exempt

Reviewed October 2026. General information, not legal advice.

“I had a great experience with Nomad. They helped me rent out my house smoothly and efficiently. The entire process was easy and well organized. My Nomad contact was amazing — he walked me through everything step by step and made sure I understood the process.”

Van T.

New Jersey · since 2026