Updated 20 Hours Ago
Location
5 Otis Pl, Wayne, NJ 07470, USA
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Amenities for 5 Otis Pl
Features
| Baseboard | Electric Heating |
Appliances
| In-Unit Laundry |
Grounds
| Assigned Parking | Outdoor Space |
Other
| Five Rooms |
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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 5 Otis Pl
Property Status: Active Charming 2-bedroom, 1-bathroom home available for rent in Wayne, NJ. This cozy home offers comfortable living with an in-unit washer and dryer and plenty of natural light. The property includes 2 off-street parking spaces, and pets are welcome! Conveniently located near shopping, dining, parks, and major roadways. Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 5 Otis Pl compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 07470 |
|---|---|
| Type | House for rent |
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Rent trends in Wayne
2-bedroom apartments at 5 Otis Pl cost about 41% less than the average rent price for 2-bedroom apartments in Wayne.
Median rents as of Aug 29 2026.
Wayne
| Month | Median Rent |
|---|---|
| October 2024 | $2,659 |
| November 2024 | $2,722 |
| December 2024 | $2,665 |
| January 2025 | $2,560 |
| February 2025 | $2,523 |
| March 2025 | $3,016 |
| April 2025 | $4,003 |
| May 2025 | $3,726 |
| June 2025 | $3,525 |
| July 2025 | $4,306 |
| August 2025 | $3,625 |
| September 2025 | $3,777 |
| October 2025 | $3,503 |
| November 2025 | $3,422 |
| December 2025 | $3,336 |
| January 2026 | $3,375 |
| February 2026 | $3,422 |
| March 2026 | $3,440 |
| April 2026 | $3,547 |
| May 2026 | $3,614 |
| June 2026 | $3,598 |
| July 2026 | $3,660 |
| August 2026 | $3,695 |
Affordability calculator
Can I afford to live at 5 Otis Pl?
Bedrooms
2 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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 5 Otis Pl
Ryerson Elementary School
30 mc clelland ave
wayne, NJ, 7470
PK, K-5Public
B
School One
665 mcbride ave
woodland park, NJ, 7424
PKPublic
Preakness Early Childhood Center
1006 hamburg turnpike
wayne, NJ, 7470
PK, KPublic
Harrison School
104 gray st
west caldwell, NJ, 7006
PK, KPublic
B+
Essex Junior Academy
520 pompton ave
cedar grove, NJ, 7009
K-8Public
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Internet available near 5 Otis Pl
Neighborhood
Getting around Wayne near 5 Otis Pl
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 5 Otis Pl, Wayne
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
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