Updated 6 Hours Ago
Highlights
Pet Friendly
Location
40 Olive St #2, Bloomfield, NJ 07003, USA
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Property Overview
40 Olive St #2 in Bloomfield offers a convenient location with access to local amenities and transportation options, plus practical features that support comfortable everyday living. It also stands out for its appealing layout and overall value, making it a solid option for buyers seeking a well-rounded home in a desirable setting.
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
Middle school nearby- Less expensive
- More space
Great for
Pet owners
Amenities for 40 Olive St #2
Appliances
| In-Unit Laundry | Refrigerator |
Tech
| Alarm |
Building
| Cats OK | Dogs OK |
| Laundry Shared | Onsite Laundry |
Grounds
| Outdoor Space |
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.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 40 Olive St #2
4-BEDROOM / 1-BATH — $2,595 — NO BROKER FEE. Spacious 4-bedroom, 1-bathroom second-floor apartment in a 3-family home in Bloomfield, featuring original architectural details, great curb appeal, a flowing layout, and an eat-in kitchen. The apartment includes a private washer and dryer in the basement, backyard access, and pets are welcome. Conveniently located just a 6-minute walk to Watsessing NJ Transit Station, providing easy access to NYC, with approximately three stops to New York Penn Station. The property is also conveniently located near the recently upgraded Watsessing Park, local shopping, restaurants, and transportation. Applicants must have verifiable income, good credit, and satisfactory rental history. Email, text, or leave a voicemail with your name to schedule a viewing.
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 Olive St, Bloomfield, NJ 07003, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 miles away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- More space
- The 4-bedroom is 1000 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.5 miles away
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Address details
| Zip code | 07003 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Bloomfield
4-bedroom apartments at 40 Olive St #2 cost about 34% less than the average rent price for 4-bedroom apartments in Bloomfield.
Median rents as of Oct 3 2026.
Bloomfield
| Month | Median Rent |
|---|---|
| October 2024 | $3,600 |
| November 2024 | $3,600 |
| April 2025 | $2,800 |
| May 2025 | $2,950 |
| June 2025 | $3,100 |
| August 2025 | $4,064 |
| September 2025 | $3,900 |
| October 2025 | $3,778 |
| November 2025 | $2,840 |
| December 2025 | $2,825 |
| January 2026 | $2,891 |
| February 2026 | $3,838 |
| April 2026 | $3,524 |
| May 2026 | $3,942 |
| June 2026 | $3,950 |
| July 2026 | $3,806 |
| August 2026 | $3,875 |
| September 2026 | $3,937 |
| October 2026 | $3,950 |
Affordability calculator
Can I afford to live at 40 Olive St #2?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$103,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $103,800 annually to afford this 4-bedrooms monthly rent price of $2,595.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $2,595 | 4 bed | 1 bath | ||
| Last month | $2,595 | 4 bed | 1 bath | ||
| 1 year ago | $2,500 | 3 bed | 1 bath | ||
| 2 years ago | $2,750 | 4 bed | 1 bath | ||
| 4 years ago | $2,350 | 3 bed | 1 bath | ||
| 4 years ago | $1,700 | 2 bed | 1 bath | ||
| 4 years ago | $2,450 | 4 bed | 1 bath | ||
| 5 years ago | $2,200 | 3 bed | 1 bath | ||
| 5 years ago | $2,350 | 4 bed | 1 bath |
Schools near 40 Olive St #2
Watsessing Elementary School
71 prospect st
bloomfield, NJ, 7003
K-6Public
B
Berkeley School
351 bloomfield ave
bloomfield, NJ, 7003
K-6Public
C+
Carteret School
158 grove st
bloomfield, NJ, 7003
K-6Public
B-
Fairview School
376 berkeley ave
bloomfield, NJ, 7003
PK, K-6Public
B
Central School
180 hillside ave
glen ridge, NJ, 7028
PK, K-2Public
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Internet available near 40 Olive St #2
Getting around Bloomfield near 40 Olive St #2
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
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
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 40 Olive St #2, Bloomfield
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Variety of bars within a short drive
Other units at this address
40 Olive St, Bloomfield, NJ
40 Olive St Bloomfield, NJ
Occupied
1
4 Beds
1 Bath
$2,595
On-Site Laundry • In-Unit Laundry
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