The Cost of Self Storage in Newark, NJ
Self-storage is a convenient solution for those who are moving from one home to another, are in the midst of a renovation or are storing belongings that don’t fit in their home. The cost of self-storage units is dependent on numerous factors, including the size of the unit, the amenities it features, its location and how high the demand for off-site storage solutions is. In general, the more expensive real estate is in a given city and the more densely populated it is, the more expensive it is to rent storage space. Similarly, storage facilities that feature amenities like climate control and around-the-clock video surveillance are usually pricier.
In Newark, real estate costs are about 15% higher than the national average but about 30% lower than the statewide average, and the cost of self-storage in this city reflects this. A 5×5 unit in Newark costs an average of $32 per month, compared to the statewide average of $47 and the national average of $41. For larger 10×15 units, renters generally pay about $135 per month, which is lower than the statewide average of $174 but higher than the national average of $113.
Average cost of storage units in Newark, NJ compared to state and national averages
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $32 | $47 | $41 |
| 5×10 | $84 | $77 | $59 |
| 10×10 | $110 | $122 | $95 |
| 10×15 | $135 | $174 | $113 |
| 10×20 | $278.20 | $205 | $133 |
What to Consider when Looking for Storage in Newark, NJ
While renters should ensure that their storage unit is the right size for their belongings, there are other features to consider as well, including whether the unit is climate-controlled or what security measures are taken to keep items safe. In a climate-controlled storage unit, temperature and humidity levels are kept stable, which helps belongings maintain their appearance and functionality. Similarly, in areas with prevalent property crime, many renters choose to store their belongings in storage units that are protected with door alarms, 24-hour surveillance and passcode-protected entry gates.
In Newark, summers tend to be warm and winters are very cold. Additionally, the city’s property crime rate is relatively high at 39.4, compared to the national rate of 35.4 and the statewide rate of 25.0. For these reasons, renters often choose self-storage units that are climate-controlled and protected with modern security equipment, especially if belongings are going to be stored for an extended period of time.
Helpful Tips for Moving to Newark, NJ
Newark, the most populous city in New Jersey, is home to over 280,000 people. The city has a dynamic arts and culture scene and has one of the nation’s largest performing arts venues, the New Jersey Performing Arts Center. Newark is also a shopper’s paradise, featuring the state’s largest outlet mall, which is comprised of more than 200 stores, themed casual dining restaurants and a movie theater.
Newark is situated on Newark Bay and is conveniently located just 15 miles from Manhattan. It’s served by several county roads, including Route 56, Route 508, Route 510 and Route 603, and it has a safe, reliable public transportation system for those who prefer to leave their car at home. The average one-way work commute is 35.5 minutes, which is notably higher than the national average of 26.4 minutes.
Frequently Asked Questions
How much is self-storage in Newark, NJ?
Newark’s average monthly self-storage rates range from $32 for a 5’x5’ unit to $278 for a 10’x20’ unit. Prices will vary depending on the unit’s location, amenities, and size. The city’s cost of living is 35% above the U.S. average, which translates to higher-than-average self-storage rates. Renters spend up to $145 more renting a unit in Newark than other areas in the country.
How to get cheap storage units in Newark, NJ?
Compare rates from local facilities to find the most cost-effective storage unit. Many businesses offer seasonal discounts, promotions, and referral programs that can significantly reduce your monthly fees. You may also find equipment bundle programs that keep your moving costs down. If you’re flexible on location, you can look outside the city for reduced rates in surrounding areas.
Do I need a 24-hour storage unit in Newark, NJ?
24-hour storage units are ideal for those with changing storage needs. Whether you work an irregular schedule, run a business out of your unit, or need to visit late at night, 24-hour units offer the convenience of around-the-clock access. Unlike standard units, which you can only visit during a set schedule, 24-hour facilities are open at all hours.
Can you sleep in a storage unit?
No, you cannot sleep in a self-storage unit. It’s against the law and seriously threatens your health and safety. Storage units are designed to hold belongings, not people. They lack the necessary ventilation, sanitation, and utilities for human habitation. Staying in a unit puts you at risk of environmental illness, poor air quality, and fire hazards.
Does my renter’s insurance cover storage units?
Self-storage coverage will vary depending on your unique policy. Most renter’s insurance policies include coverage for off-site items at a capped rate of 10%. For example, if it covers damage to your household items up to $25,000, it will cover the items in your storage unit up to $2,500. If you have high-value items in your unit, it’s best to purchase additional self-storage insurance for complete protection.
