Zumper

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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Spacious open layout
  • Modern kitchen with stainless steel appliances

Location

164 University Avenue, Newark, New Jersey 07102, United States|Newark Central Business District

Property Overview

A spacious open layout and a modern kitchen with stainless steel appliances enhance this property’s appeal. Positioned in the 76.92 percentile for value, its location offers excellent accessibility through nearby public transit and walkable surroundings. Additionally, the area promotes pet friendliness with numerous pet supply stores and grooming services, while environmental sustainability is supported by the proximity of 55 parks.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive

Great for

  • Eco living
  • Pet owners

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Rent trends in Newark Central Business District

2-bedroom apartments at 164 University Avenue cost about 21% less than the average rent price for 2-bedroom apartments in Newark.

Median rents as of Apr 4 2026.
Newark Central Business District
Newark
A table of 2-bedroom apartment rental data trends in Newark
MonthMedian Rent
April 2024$2,050
May 2024$2,233
June 2024$2,200
July 2024$2,112
August 2024$2,165
September 2024$2,150
October 2024$2,112
November 2024$2,140
December 2024$2,225
January 2025$2,262
February 2025$2,300
March 2025$2,180
April 2025$2,125
May 2025$2,100
June 2025$1,986
July 2025$1,990
August 2025$1,999
September 2025$2,000
October 2025$2,000
November 2025$1,995
December 2025$1,999
January 2026$2,014
February 2026$2,000
March 2026$1,999
April 2026$2,000
A table of 2-bedroom apartment rental data trends in Newark Central Business District
MonthMedian Rent
April 2024$2,866
May 2024$2,854
June 2024$2,850
July 2024$2,707
August 2024$2,612
September 2024$2,864
October 2024$2,869
November 2024$2,866
December 2024$2,600
January 2025$2,525
February 2025$2,631
March 2025$2,732
April 2025$2,593
May 2025$2,699
June 2025$2,639
July 2025$2,450
August 2025$2,585
September 2025$2,810
October 2025$2,818
November 2025$2,820
December 2025$2,482
January 2026$2,413
February 2026$2,409
March 2026$2,440
April 2026$2,450

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 164 University Avenue, Newark, NJ.
4 months ago$1,938

Schools near 164 University Avenue

McKinley School

1 colonnade pl

newark, NJ, 7104

PK, K-8Public
C

Sir Isaac Newton Elementary School

150 newton st

newark, NJ, 7103

PK, K-3Public

Franklin School

42 park ave

newark, NJ, 7104

PK, K-8Public
C

Quitman Street School

21 quitman st

newark, NJ, 7103

PK, K-8Public
C

Sussex Avenue Renew School

307 sussex ave

newark, NJ, 7107

PK, K-8Public
C
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Getting around Newark near 164 University Avenue

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 164 University Avenue, Newark

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

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