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5+ Days Ago
Highlights
Pet Friendly
Location
40-42 Broadway #5B, Paterson, NJ 07505, USA|Downtown Paterson
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Property Overview
High value per square foot compared to other homes in the area makes it a strong option from an investment perspective. Nearby pet supply stores support everyday convenience and pet-friendly living. Overall appeal reflects a combination of strong value metrics and lifestyle-friendly surroundings.
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
More space- Pet friendly
Great for
Pet owners
Amenities for 40-42 Broadway #5B, Downtown Paterson
Apartment Amenities
| Hardwood Floor |
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 40-42 Broadway #5B
Hardwood floors, beautiful natural light, and a location right in the heart of Downtown Paterson . This 1-bedroom apartment is bright, inviting, and close to shopping, dining, and transportation. Available for immediate move-in. Listed by Casa Real Property Group. Easy to show. Contact us to schedule. Applicants will be asked to complete a background check, credit check, and employment verification, and tenant is responsible for the broker fee.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40-42 Broadway #5B compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 750 sqft larger than other listings nearby
- Pet friendly
- This property allows pets
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.2 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Downtown Paterson |
|---|---|
| Zip code | 07505 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in Downtown Paterson
1-bedroom apartments at 40-42 Broadway #5B cost about 3% less than the average rent price for 1-bedroom apartments in Paterson.
Median rents as of Jun 20 2026.
Downtown Paterson
Paterson
| Month | Median Rent |
|---|---|
| July 2024 | $1,722 |
| August 2024 | $1,757 |
| September 2024 | $1,650 |
| October 2024 | $1,706 |
| November 2024 | $1,650 |
| December 2024 | $1,625 |
| January 2025 | $1,725 |
| February 2025 | $1,742 |
| March 2025 | $1,787 |
| April 2025 | $1,794 |
| May 2025 | $1,800 |
| June 2025 | $1,725 |
| July 2025 | $1,760 |
| August 2025 | $1,792 |
| September 2025 | $1,815 |
| October 2025 | $1,800 |
| November 2025 | $1,760 |
| December 2025 | $1,775 |
| January 2026 | $1,750 |
| February 2026 | $1,696 |
| March 2026 | $1,606 |
| April 2026 | $1,612 |
| May 2026 | $1,670 |
| June 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,400 |
| August 2024 | $1,655 |
| September 2024 | $1,575 |
| October 2024 | $1,725 |
| November 2024 | $1,460 |
| December 2024 | $1,387 |
| January 2025 | $1,618 |
| February 2025 | $1,750 |
| April 2025 | $2,000 |
| May 2025 | $1,862 |
| July 2025 | $1,720 |
| August 2025 | $1,680 |
| November 2025 | $1,500 |
| December 2025 | $1,450 |
| February 2026 | $1,516 |
| March 2026 | $1,443 |
| April 2026 | $1,487 |
| May 2026 | $1,600 |
| June 2026 | $1,566 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,600 |
Schools near 40-42 Broadway #5B
Norman S. Weir Elementary School
152 college blvd
paterson, NJ, 7505
K-8Public
C+
School No. 2
22 passaic st
paterson, NJ, 7501
K-8Public
C-
Young Mens Academy
45 smith st
paterson, NJ, 7501
3-8Public
C-
School No. 28
200 presidential blvd
paterson, NJ, 7522
PK, K-8Public
B+
Rev. Dr. Frank Napier Jr. School
55 clinton st
paterson, NJ, 7522
1-8Public
C-
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Internet available near 40-42 Broadway #5B
Getting around Paterson near 40-42 Broadway #5B
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
0/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 40-42 Broadway #5B, Paterson
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
4/10
Some bars within walking distance
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