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Capstone Elite Property Management
Located in Newark, 206 Matthews Dr offers luxury living with a private entrance, in-unit washer and dryer, and fully appointed kitchen for everyday convenience. Large closets and high-speed internet/Wi‑Fi support comfortable, organized living and modern work‑from‑home needs. These features make it appealing to residents seeking both practicality and an upgraded lifestyle experience.
Things you’ll love
High school nearbyMiddle school nearbyLess expensiveGreat for
Work-from-homeFeatures
| Furnished |
Appliances
| In-Unit Laundry |
Community
| Business Center |
Grounds
| Garage Parking | Outdoor Space |
| Swimming Pool |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
NEW ROOMMATE MATCHED RESIDENCE-- We are looking for roommates in our townhouse. The residence is professionally managed, furnished, cleaned and in the quietest section of the Society Hill Newark Community. We get to enjoy the pool, clubhouse, and tennis courts. Society Hill is located just steps away from UMDNJ, NJMS, Rutgers GSBS, Rutgers Dental School, RU Newark, NJIT, and Essex County College. If you do not have a car no problem! Transportation is not a issue! Newark Light Rail Stop right outside of Society Hill, NJ Transit bus stop as well and just a quick walk to Newark Penn Station. They are looking for normal roommates to share their townhouse with while they live here in Newark and attend school. No party people please. No drama. That's why they don't live in the dorms. Capstone Elite - Off Campus Housing Newark NJ College Apartments: - ROOMMATE CONNECT* - 98% Success Rate - FULLY FURNISHED RENTALS - Luxury Living - HIGH SPEED INTERNET & WIFI - Included in the Rent - MONTHLY CLEANING SERVICE - Common Areas & Baths - GET EVERY ENGLISH CABLE CHANNEL - In Living Area - LIFESTYLE EXPERIENCES - Bar Crawls, Food Tours, Wine - SMART HOME SETUP & RESIDENT AMENITIES - Etc. - COMMUNITY ENGAGEMENT - Volunteer Opportunities - AMAZING AMBASSADORS - Community & Residents - FOUNDED BY NEWARK ALUMNI - Rutgers, NJIT & SHU THIS IS A LARGE PRIVATE STUDIO-STYLE MASTER BEDROOM SUITE WITH PRIVATE ENTRANCE IN A SHARED APARTMENT WITH ROOMMATES. Oversized private studio style suite on it's own floor of living in a renovated Society Hill townhouse that comes with a private entrance, kitchenette, large closets, and private living area. Attached garage parking spot available at an additional cost. Are you roommate material? At Capstone Elite our shared living experience makes Coexisting easy! You'll find the best of convenient urban living, roommate screening, and matching plus the benefits of a socially, vibrant apartment experience. Located in the heart of historic University Heights in Newark, NJ, Capstone Elite offers a high-end shared apartment living in a professionally managed community. Live near the city's energy with local restaurants, up-and-coming nightlife, and just steps to world-renowned medical and educational institutions. Our apartments feature fully appointed kitchens, a washer & dryer in the unit, and fully furnished common areas and bedrooms. Match with the best roommates available and secure a private room with a shared or private bath. It's that easy! Call us today to learn more about Newark's easiest apartment shares!. Capstone Elite properties are nestled in neighborhoods brimming with a variety of retail, dining, entertainment, and we're conveniently located near public transit including Newark Penn Station. Just five minutes from Downtown Newark, Branch Brook Park, and along the Rutgers Shuttle bus routes, Capstone Elite has a variety of different living options and locations in vibrant Newark, NJ. No moving truck needed! Nearly all Capstone Elite properties offer fully furnished units at no extra fee. And, many properties are technology-enabled, helping you stay connected to coursework, the office, friends, and loved ones. Residents appreciate living within walking distance of the universities, hospitals, grocery stores, and shopping. Commute to work or school with ease thanks to nearby Newark Penn Station, NJ Transit Light Rail, Buses & Rutgers/NJIT Shuttle. Or, navigate the world by getting to NYC or EWR Newark Liber..
How 206 Matthews Drive, Newark, NJ 07103, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | University Heights |
|---|---|
| Zip code | 07103 |
| Type | Condo for rent |
studio apartments at 206 Matthews Dr cost about 48% more than the average rent price for studio apartments in Newark.
| Month | Median Rent |
|---|---|
| June 2024 | $1,456 |
| July 2024 | $1,318 |
| August 2024 | $1,452 |
| September 2024 | $1,412 |
| October 2024 | $1,318 |
| November 2024 | $1,512 |
| December 2024 | $1,462 |
| January 2025 | $1,523 |
| February 2025 | $1,593 |
| March 2025 | $1,640 |
| April 2025 | $1,643 |
| May 2025 | $1,475 |
| June 2025 | $1,450 |
| July 2025 | $1,350 |
| August 2025 | $1,300 |
| September 2025 | $1,280 |
| October 2025 | $1,250 |
| November 2025 | $1,434 |
| December 2025 | $1,581 |
| January 2026 | $1,788 |
| February 2026 | $1,827 |
| March 2026 | $1,715 |
| April 2026 | $1,659 |
| May 2026 | $1,640 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,193 |
| July 2024 | $1,206 |
| August 2024 | $1,272 |
| September 2024 | $1,334 |
| October 2024 | $1,393 |
| November 2024 | $1,350 |
| December 2024 | $1,243 |
| January 2025 | $1,200 |
| February 2025 | $1,300 |
| March 2025 | $1,090 |
| April 2025 | $1,275 |
| May 2025 | $1,355 |
| June 2025 | $1,306 |
| July 2025 | $1,255 |
| August 2025 | $1,225 |
| September 2025 | $1,160 |
| October 2025 | $1,150 |
| November 2025 | $1,160 |
| December 2025 | $1,175 |
| January 2026 | $1,150 |
| February 2026 | $1,150 |
| March 2026 | $1,112 |
| April 2026 | $1,143 |
| May 2026 | $1,150 |
Can I afford to live at 206 Matthews Dr?
Bedrooms
StudioRent-to-income ratio
30%
$68,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,150 | Studio | 1 bath | ||
| This month | $1,150 | Studio | 1 bath | ||
| 10 months ago | $1,650 | Studio | 2 bath | ||
| 10 months ago | $1,650 | Studio | 2 bath | ||
| 2 years ago | $1,400 | Studio | 3 bath | ||
| 2 years ago | $1,400 | Studio | 3 bath | ||
| 2 years ago | $1,400 | Studio | 3 bath | ||
| 2 years ago | $1,100 | Studio | 1 bath | ||
| 4 years ago | $975 | 1 bed | 1 bath |
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