Nearby rentals
Renter hub
Property management
Capstone Elite Property Management
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
Covered parkingDishwasherFireplaceGreat for
Work-from-home
Eco living
Social lifeFeatures
| Balcony | Furnished |
Appliances
| In-Unit Laundry |
Tech
| High-Speed Internet |
Community
| Clubhouse | Multi-use Room |
| Onsite Laundry | Residents Lounge |
| TV Lounge |
Grounds
| Outdoor Space | Playground |
| Swimming Pool | Tennis Courts |
One-time.
One-time. Refundable.
THIS IS A LARGE MASTER BEDROOM SUITE WITH A PRIVATE BALCONY FOR RENT IN A SHARED APARTMENT. Live in a professionally managed and furnished residence with male roommates in a beautifully renovated Society Hill townhouse. WIFI Internet and light monthly cleaning services are included in the rent. Private bathroom, parking, and other upgrades are available at 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 scho
How 216 Newark, NJ 07103, USA compares to other nearby properties.
Positives
| Neighborhood | University Heights |
|---|---|
| Zip code | 07103 |
| Type | House for rent |
studio apartments at 216 Matthews Dr cost about 50% more than the average rent price for studio apartments in Newark.
| Month | Median Rent |
|---|---|
| April 2024 | $1,838 |
| May 2024 | $1,575 |
| June 2024 | $1,465 |
| 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 | $1,737 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,031 |
| May 2024 | $1,083 |
| June 2024 | $1,195 |
| 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 | $1,100 |
Can I afford to live at 216 Matthews Dr?
Bedrooms
StudioRent-to-income ratio
30%
$66,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 7 months ago | $1,250 | Studio | 1 bath | ||
| 7 months ago | $1,250 | Studio | 1 bath | ||
| 8 months ago | $1,050 | Studio | 1 bath | ||
| 8 months ago | $1,050 | Studio | 1 bath | ||
| 9 months ago | $1,550 | Studio | 3 bath | ||
| 10 months ago | $1,550 | Studio | 3 bath | ||
| 1 year ago | $1,550 | Studio | 1 bath | ||
| 1 year ago | $1,450 | Studio | 3 bath | ||
| 1 year ago | $1,450 | Studio | 3 bath |
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University Heights | Newark, NJ
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In-Unit Laundry • Furnished • On-Site Laundry
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