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Updated 5+ Days Ago

Highlights

  • Professionally managed
  • Close to restaurants, supermarkets, banks

Location

431 Madison Ave, Elizabeth, NJ 07201, USA
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Property Overview

NJRU Associates LLC is professionally managed and close to restaurants, supermarkets, and banks, with strong convenience and solid overall value. It earns an 8.4 Zumper expert rating, including top marks for price and a strong location score, and its value for money ranks in the 100th percentile compared with nearby properties.

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

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, NJRU Associates LLC is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, NJRU Associates LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive

Floor plans

1BR/1.0BA1 bed1 bath
3BR/1.0BA3 bed1 bathApartment fully renovated apartment for rent in amazing location. The apartment features 3 bedrooms, 1 bath, living room, eat-in kitchen and 1 parking space. Property features: -Close to schools -Close to public transportation -5 minutes from the Elizabeth train station -Close to Restaurants, Supermarkets, Banks Monthly Rent: $2,350 Security Deposit: $3,525 Broker's Fee: Broker's fee paid by the Landlord Tenant pays hot water, heat, cooking gas, and electricity. No pets allowed No brokers fee Property professionally managed by a Property Management company. No Broker Cooperation Requirements: Tenant application via Zillow. com (Tenancy and credit report) 3 month of most recent pay-stubs Photo ID 1st-month rent and 1.5 security deposit required. Drive by the property before making an appointment. 12 months

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$2,974–$5,200

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$2,195–$2,499

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Rent trends in Elizabeth

Median rents as of Jul 25 2026.
Elizabeth
A table of studio rental data trends in Elizabeth
MonthMedian Rent
August 2024$1,936
September 2024$2,008
October 2024$2,150
November 2024$2,200
December 2024$2,130
January 2025$2,100
February 2025$1,968
March 2025$1,800
April 2025$1,750
May 2025$1,690
June 2025$1,500
July 2025$1,170
August 2025$1,100
September 2025$1,285
October 2025$1,164
November 2025$1,545
December 2025$1,519
January 2026$1,575
February 2026$1,613
March 2026$1,653
April 2026$1,650
May 2026$1,620
June 2026$1,593
July 2026$1,640

Schools near NJRU Associates LLC

Winfield Scott School No. 2

125 madison ave

elizabeth, NJ, 7201

PK, K-8Public
C

Donald Stewart Early Childhood Center #51

544 pennsylvania ave

elizabeth, NJ, 7207

PKPublic

Chessie Dentley Roberts Academy School No. 30

730 pennsylvania ave

elizabeth, NJ, 7208

PK, K-8Public
C+

Dr. Albert Einstein Academy School No. 29

919 north broad st

elizabeth, NJ, 7208

PK, K-8Public
B-

Frances C. Smith Early Childhood Center #50

1000 south elmora ave

elizabeth, NJ, 7202

PKPublic
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Internet available near NJRU Associates LLC

Getting around Elizabeth near 431 Madison Ave

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

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 431 Madison Ave, Elizabeth

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

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
Large amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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