Updated 2 Days Ago
Location
531 Franklin St, Elizabeth, NJ 07206, USA
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Property Overview
531 Franklin St, Elizabeth, NJ 07206, USA offers a strong visual preview with 23 photos, making it easier to get a quick sense of the property’s appearance and layout. Its presentation stands out for giving renters a clearer picture of what to expect, while also highlighting a feature that may help the listing feel more complete and informative.
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- High school nearby
- Dishwasher
Great for
Work-from-home
Pet owners
Social life
Amenities for 531 Franklin St
Apartment Amenities
| Air Conditioning |
Appliances
| Dishwasher |
Grounds
| Storage |
Other
| Architecture Style: Colonial | Six 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
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About 531 Franklin St
Property Status: Active Beautiful, freshly painted second-floor apartment in a newer two-family home. This spacious apartment features 3 bedrooms and 2 full bathrooms, along with central air conditioning and a convenient storage area. The owner may consider one small dog with approval. Off-street parking is available for an additional $100 per month. Don't miss the opportunity to make this beautiful apartment your new home! Call the office or listing agent today to schedule a private showing. Office Phone: (201) 437-0411 Copyright © 2026 Realty MLS, Inc. 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 531 Franklin St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 3 miles away
- High school nearby
- There is a high school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 07206 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Elizabeth
3-bedroom apartments at 531 Franklin St cost about 4% less than the average rent price for 3-bedroom apartments in Elizabeth.
Median rents as of Aug 22 2026.
Elizabeth
| Month | Median Rent |
|---|---|
| September 2024 | $2,768 |
| October 2024 | $2,800 |
| November 2024 | $2,710 |
| December 2024 | $2,750 |
| January 2025 | $2,787 |
| February 2025 | $2,775 |
| March 2025 | $2,790 |
| April 2025 | $2,800 |
| May 2025 | $2,700 |
| June 2025 | $2,700 |
| July 2025 | $2,735 |
| August 2025 | $2,760 |
| September 2025 | $2,650 |
| October 2025 | $2,642 |
| November 2025 | $2,650 |
| December 2025 | $2,600 |
| January 2026 | $2,592 |
| February 2026 | $2,507 |
| March 2026 | $2,523 |
| April 2026 | $2,525 |
| May 2026 | $2,615 |
| June 2026 | $2,647 |
| July 2026 | $2,575 |
| August 2026 | $2,643 |
Affordability calculator
Can I afford to live at 531 Franklin St?
Bedrooms
3 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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 3-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 531 Franklin St
Sonia Sotomayor School No 25
525 first ave
elizabeth, NJ, 7206
K-8Public
C
Iprep Academy School No 8
221-227 court st
elizabeth, NJ, 7206
K-8Public
C
Dr. Martin Luther King Jr. Early Childhood Center #52
130 trumbull st
elizabeth, NJ, 7206
PKPublic
Frances C. Smith Early Childhood Center #50
1000 south elmora ave
elizabeth, NJ, 7202
PKPublic
Donald Stewart Early Childhood Center #51
544 pennsylvania ave
elizabeth, NJ, 7207
PKPublic
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Internet available near 531 Franklin St
Neighborhood
Getting around Elizabeth near 531 Franklin St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 531 Franklin St, Elizabeth
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 531 Franklin St
Raymond Supermarket II Inc
600 Franklin St
JM Medina Food Market Miguel
513 E Jersey St
La Copa Grocery Store
547 Elizabeth Ave
La Copa Supermarket
549 Elizabeth Ave
Mira Grocery LLC
134 5th St
Family Dollar
438 E Jersey St
Oriental Boutique
630 Elizabeth Ave
The Thrift Shop
405 Elizabeth Ave
Sol Boutique Inc
801 Elizabeth Ave
Tailoring By Carmen
804 1st Ave
Dunkin'
460 Elizabeth Ave
Velvetcafe
628 Elizabeth Ave
Park Cafe
161 3rd St
Pulp Jersey Juice Bar
1137 Elizabeth Ave
Dunkin'
454 Spring St
Ella's Bar & Grill
648 Franklin St
El Quijote
15 Center St
Olga's Place
214 LT Glenn Zamorski Dr
City Tavern
1109 Elizabeth Ave
Spicy Burro
630 Clarkson Ave
Sweet Clary Bakery
501 Fulton St
Mara Bakery
501 Elizabeth Ave
Bella Palermo Pastry Shop
619 Elizabeth Ave
Elizabeth's Bakery LLC
633 Elizabeth Ave
Joseph S Bakery Mill LLC
805 Elizabeth Ave
Recreation Ground
Playground
Playground
Park
Playground
Jorge Pizza Pasta Italian Restaurant
71 5th St
El Carboneto Restaurant
500 E Jersey St
New World Bar & Restaurant
463 Marshall St
Aquarius Bar Lic
462 E Jersey St
Novo Imperio Barbeque
539 Elizabeth Ave
E JERSEY ST AT 5TH ST
E JERSEY ST AT 6TH ST
E JERSEY ST AT 5TH ST
ELIZABETH AVE AT 5TH ST
E JERSEY ST AT 6TH ST
ELIZABETH
Northeast Corridor, North Jersey Coast Line
NORTH ELIZABETH
Northeast Corridor, North Jersey Coast Line
UNION
Raritan Valley Line
NEWARK AIRPORT RAILROAD STATION
Northeast Corridor, North Jersey Coast Line
LINDEN
Northeast Corridor, North Jersey Coast Line
8TH STREET LIGHT RAIL STATION
Hudson-Bergen Light Rail
22ND STREET LIGHT RAIL STATION
Hudson-Bergen Light Rail
34TH STREET LIGHT RAIL STATION
Hudson-Bergen Light Rail
45TH STREET LIGHT RAIL STATION
Hudson-Bergen Light Rail
PENN STATION LIGHT RAIL ARRIVAL
Newark Light Rail
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