Apartment for rent

5+ Days Ago

540 Central Avenue
540 Central Avenue, Newark, NJ 07107, USA

Monthly rent	$1,545–$1,899
Beds	Studio–1
Baths	1
Sqft	600–900

Apartment for rent

5+ Days Ago

540 Central Avenue
540 Central Avenue, Newark, NJ 07107, USA

Apartment for rent

Monthly rent	$1,545–$1,899
Beds	Studio–1
Baths	1
Sqft	600–900

540 Central Avenue
540 Central Avenue, Newark, NJ 07107, USA

Apartment for rent

Monthly rent	$1,545–$1,899
Beds	Studio–1
Baths	1
Sqft	600–900

5+ Days Ago

1 Bed 1 bath unit

Address details

Units	3
Units available	3
Neighborhood
City
Zip code	07107

Highlights

prime location
laundry facilities
bike storage

Units

540 Central Avenue, Newark, NJ

540 Central Avenue Newark, NJ

Available

402

Studio

1 Bath

600 sqft

$1,545

Fitness Center • Hardwood Floor • High Ceilings • On-Site Laundry • Walk-In Closets

Available

304

1 Bed

1 Bath

900 sqft

$1,899

Fitness Center • Hardwood Floor • High Ceilings • On-Site Laundry • Walk-In Closets

Available

201

1 Bed

1 Bath

– sqft

$1,889

High Ceilings • On-Site Laundry

Amenities for 540 Central Avenue

Some units at this address have these amenities. View unit details for more information.

Building

Fitness Center
Storage
On-Site Laundry
Residents Lounge

Unit Amenities

Fitness Center
Hardwood Floor
High Ceilings
On-Site Laundry
Walk-In Closets

Policies at 540 Central Avenue

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 540 Central Avenue

Home

Apartments in Newark

Fairmount

540 Central Avenue #201, Newark, NJ 07107, US

Check out this fantastic property located at 540 Central Ave in the heart of Fairmount, Newark, NJ 07107! This intimate 3-unit building offers a range of stylish studio and 1-bedroom apartments, spanning from 600 to 900 square feet. Residents can enjoy a prime location, complete with luxury finishes, spacious open-concept layouts, and access to laundry facilities within the building. Stay active with the on-site fitness center, or unwind in the luxury resident lounge. Additional perks include bike storage, a roofdeck lounge, and hardwood floors throughout. With long-term rentals and a variety of amenities, including a walk-in closet and on-site storage, this property is a must-see for anyone looking for a comfortable and convenient living space.

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Address details

Units	3
Units available	3
Neighborhood
City
Zip code	07107

Property highlights

How 540 Central Avenue, Newark, NJ 07107, USA compares to other nearby properties.

Positives

More space: Studio is 202 sqft larger than other listings nearby
More space: The 1-bedroom is 100 sqft larger than other listings nearby
Extra Storage: Upgraded in-unit features
Images available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 0.4 mile away
Greater distance from high schools: The nearest high school is farther than 1 mile away

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Rent trends in Newark

1-bedroom apartments here are priced 18% higher than 1-bedrooms in Fairmount.

Median rents as of May 9 2026.

Fairmount

Newark

A table of 1-bedroom apartment rental data trends in Newark
Month	Median Rent
May 2024	$1,595
June 2024	$1,500
July 2024	$1,600
August 2024	$1,518
September 2024	$1,543
October 2024	$1,512
November 2024	$1,681
December 2024	$1,712
January 2025	$1,785
February 2025	$1,750
March 2025	$1,715
April 2025	$1,750
May 2025	$1,728
June 2025	$1,722
July 2025	$1,700
August 2025	$1,762
September 2025	$1,769
October 2025	$1,759
November 2025	$1,820
December 2025	$1,761
January 2026	$1,781
February 2026	$1,732
March 2026	$1,706
April 2026	$1,712
May 2026	$1,697

A table of 1-bedroom apartment rental data trends in Fairmount
Month	Median Rent
June 2024	$1,545
May 2025	$1,700
June 2025	$1,675
July 2025	$1,600
August 2025	$1,595
December 2025	$1,500
January 2026	$1,500
March 2026	$1,820
April 2026	$1,674
May 2026	$1,562

Affordability calculator

Can I afford to live at 540 Central Avenue?

Bedrooms

Rent-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

$61,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $61,800 annually to afford this studio monthly rent price of $1,545.

For more information on rent affordability, visit our rent calculator.

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