Updated 10 Hours Ago
Location
505 Summit Ave, Jersey City, NJ 07306, USA|Journal Square
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Property Overview
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- Central heat
- Elevator
Great for
Wellness
Amenities for 505 Summit Ave, Journal Square
Apartment Amenities
| Air Conditioning | Central Heat |
| Deck |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Business Center | Elevator |
| Fitness Center | Onsite Laundry |
| Residents Lounge | Roof Deck |
Grounds
| Outdoor Space | Storage |
| Swimming Pool |
Services
| Concierge Service |
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
Building details
Property details
| Lease terms | 12+ months |
|---|
About 505 Summit Ave
ZMP106295867 - 505 Summit Luxury Rentals in the Heart of Jersey CityNow Leasing Studios through Three-Bedroom ResidencesIntroducing 505 Summit, Jersey Citys newest and most distinguished residential addresswhere sophisticated design meets breathtaking skyline views. From the moment you arrive beneath the elegant porte-cochre entrance, every detail of the building has been thoughtfully crafted to deliver an elevated living experience defined by comfort, style, and convenience. These brand-new luxury residences feature spacious layouts, oversized windows, and modern finishes designed to bring natural light and refined living into every home. Residents enjoy a seamless blend of contemporary living and timeless elegance, all located moments from Journal Square PATH, providing quick access to Manhattan while surrounded by Jersey Citys vibrant dining, shopping, and cultural scene. Apartment Features May Include: Floor-to-ceiling windows with skyline views Chef-inspired kitchens with premium stainless steel appliances Quartz countertops and custom cabinetry Spacious layouts with ample closet space In-unit washer and dryer Spa-inspired bathrooms with modern finishes Central heating and air conditioningBuilding Amenities: Grand porte-cochre arrival experience Attended lobby and concierge services State-of-the-art fitness center Resident lounges and co-working spaces Landscaped outdoor terraces Pet-friendly community Bike storage and resident servicesPerfectly positioned in the rapidly growing Journal Square neighborhood, 505 Summit offers unmatched convenience with easy access to the PATH train, major highways, parks, restaurants, and local cafs. Welcome to a new era of refined living. Welcome to 505 Summit. Now Leasing Studios to Three Bedrooms.
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 505 Summit Ave, Jersey City, NJ 07306, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 344 sqft larger than other listings nearby
- Central heat
- This address offers a climate controlled environment
- Elevator
- Improved accessibility features
- Extra Storage
- In-unit features
- Fitness center
- A gym just a few steps away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Pool
- Pool access available at this location
- Roof deck
- Access to public roof space
Considerations
- Priced higher than average
- Some studios here are $1106 more than the median rent in this area
- Priced higher than average
- Some 1-bedrooms here are $2101 more than the median rent in this area
- Priced higher than average
- Some 2-bedrooms here are $2866 more than the median rent in this area
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 miles away
Address details
| Neighborhood | Journal Square |
|---|---|
| Zip code | 07306 |
| Type | Apartment for rent |
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Rent trends in Journal Square
2-bedroom apartments at 505 Summit Ave cost about 26% more than the average rent price for 2-bedroom apartments in Jersey City.
Median rents as of Oct 24 2026.
Journal Square
Jersey City
| Month | Median Rent |
|---|---|
| November 2024 | $3,735 |
| December 2024 | $3,553 |
| January 2025 | $3,495 |
| February 2025 | $3,356 |
| March 2025 | $3,324 |
| April 2025 | $3,115 |
| May 2025 | $3,043 |
| June 2025 | $3,012 |
| July 2025 | $3,188 |
| August 2025 | $3,028 |
| September 2025 | $3,157 |
| October 2025 | $3,187 |
| November 2025 | $3,024 |
| December 2025 | $3,054 |
| January 2026 | $3,310 |
| February 2026 | $3,217 |
| March 2026 | $3,047 |
| April 2026 | $2,887 |
| May 2026 | $2,918 |
| June 2026 | $2,941 |
| July 2026 | $2,900 |
| August 2026 | $2,849 |
| September 2026 | $2,812 |
| October 2026 | $2,989 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,875 |
| December 2024 | $3,050 |
| January 2025 | $3,050 |
| February 2025 | $3,093 |
| March 2025 | $2,835 |
| April 2025 | $2,843 |
| May 2025 | $2,774 |
| June 2025 | $2,923 |
| July 2025 | $2,670 |
| August 2025 | $2,442 |
| September 2025 | $2,555 |
| October 2025 | $2,728 |
| November 2025 | $2,817 |
| December 2025 | $3,087 |
| January 2026 | $2,921 |
| February 2026 | $2,917 |
| March 2026 | $3,220 |
| April 2026 | $3,425 |
| May 2026 | $3,495 |
| June 2026 | $3,747 |
| July 2026 | $3,617 |
| August 2026 | $3,503 |
| September 2026 | $3,632 |
| October 2026 | $4,325 |
Affordability calculator
Can I afford to live at 505 Summit Ave?
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
$216,040/yr
With your selected rent-to-income ratio, you'd ideally want to make $216,040 annually to afford this 2-bedrooms monthly rent price of $5,401.
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 | |||||
|---|---|---|---|---|---|
| Studio, 1 Bath | Last month | $3,121 | Studio | 1 bath | |
| Studio, 1 Bath | Last month | $3,221 | Studio | 1 bath | |
| Last month | $2,951 | Studio | 1 bath | ||
| Studio, 1 Bath | Last month | $3,501 | Studio | 1 bath | |
| Studio, 1 Bath | Last month | $3,556 | Studio | 1 bath | |
| 2 Beds, 2 Baths | Last month | $5,770 | 2 bed | 2 bath | |
| Studio, 1 Bath | Last month | $3,501 | Studio | 1 bath | |
| Last month | $6,936 | 3 bed | 2 bath | ||
| Studio, 1 Bath | Last month | $3,591 | Studio | 1 bath |
Schools near 505 Summit Ave
Martin Luther King Jr. School - P.S. 11
886 bergen ave
jersey city, NJ, 7306
PK, K-8Public
B-
Patricia M. Noonan School Ps #26
164 laidlaw ave
jersey city, NJ, 7306
PK, K-5Public
B
Gerard J. Dynes New Jersey Regional Day School at Jersey City
425 johnston ave
jersey city, NJ, 7304
PK, K-12Public
P.S. 94M
55 battery pl
new york, NY, 10280
K-12Public
P.S. 226M
345 e 15th st
new york, NY, 10003
PK, K-12Public
Getting around Jersey City near 505 Summit Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 505 Summit Ave, Jersey City
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional 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
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
Other units at this address
505 Summit Ave, Jersey City, NJ
505 Summit Ave Jersey City, NJ
Occupied
Studio, 1 Bath
Studio
1 Bath
$2,951
Dishwasher • Air Conditioning • In-Unit Laundry • Deck • Central Heat • On-Site Laundry
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$3,716
Dishwasher • Air Conditioning • In-Unit Laundry • Deck • Central Heat • On-Site Laundry
Occupied
3 Beds, 2 Baths
3 Beds
2 Baths
$6,936
Dishwasher • Air Conditioning • In-Unit Laundry • Deck • Central Heat • On-Site Laundry
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