Zumper

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

Apartment for rent
Pet friendly
Monthly rent
$1,431–$2,195
BedsStudio–2
Baths1
Sqft500–900
modified
Updated 15 Hours Ago

Property Overview

Located in a prime area, 540 Central Ave offers convenient laundry facilities and bike storage. Nearby pet grooming services, pet supply stores, and a pet hospital add everyday convenience, while 73 photos provide a detailed look at the space. Its value per square foot ranks in the 78th percentile compared with nearby properties.

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
  • Extra Storage
  • Images available

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • prime location
  • laundry facilities
  • bike storage

Units

540 Central Avenue Newark, NJ

Available

303B

Our team has verified this company

2 Beds

1 Bath

$2,195

Listed on 06/25/2026
Listed by Rovazo Realty
Days on market: 48
Luxury New Construction Apartments at 540 Central Ave with High Cellings – No Fee | Available Now Specials Available: -1 month free rent -Security deposit equal to 1 month -Apply now and SD only $500 Spacious, newly constructed luxury apartments now available at 540 Central Ave. These modern units feature an open, loft-style layout with extra high ceilings, creating a bright and airy living space perfect for comfortable, upscale living. Highlights Include: -New construction with luxury finishes -Extra high ceilings with loft-style design -Spacious, open-concept layouts -On-site fitness center -Laundry facilities in building -Bike storage available -Luxury resident lounge -No broker’s fee -Parking fee $200 Prime Location: Conveniently located near shops, restaurants, and public transportation, with easy access to major highways and NYC commuting options. Lease Details: -Immediate availability -Minimum 12-month lease -Pet policy may vary -Application, credit, and background check required -Income requirement applies Interested? Email office@rovazorealty. com to apply or inquire about available units.

Available

203A

Our team has verified this company

2 Beds

1 Bath

$2,195

Listed on 06/25/2026
Listed by Rovazo Realty
Days on market: 48
Luxury New Construction Apartments at 540 Central Ave with High Cellings – No Fee | Available Now Specials Available: -1 month free rent -Security deposit equal to 1 month -Apply now and SD only $500 Spacious, newly constructed luxury apartments now available at 540 Central Ave. These modern units feature an open, loft-style layout with extra high ceilings, creating a bright and airy living space perfect for comfortable, upscale living. Highlights Include: -New construction with luxury finishes -Extra high ceilings with loft-style design -Spacious, open-concept layouts -On-site fitness center -Laundry facilities in building -Bike storage available -Luxury resident lounge -No broker’s fee -Parking fee $200 Prime Location: Conveniently located near shops, restaurants, and public transportation, with easy access to major highways and NYC commuting options. Lease Details: -Immediate availability -Minimum 12-month lease -Pet policy may vary -Application, credit, and background check required -Income requirement applies Interested? Email office@rovazorealty. com to apply or inquire about available units.

New Listing

205B

Studio

1 Bath

$1,431

Listed on 07/31/2026
Listed by Mark H
Days on market: 12
Luxury New Construction Apartments at 540 Central Ave with High Cellings – No Fee | Available Now Specials Available: -1 month free rent -Security deposit equal to 1 month -Apply now and SD only $500 Spacious, newly constructed luxury apartments now available at 540 Central Ave. These modern units feature an open, loft-style layout with extra high ceilings, creating a bright and airy living space perfect for comfortable, upscale living. Highlights Include: -New construction with luxury finishes -Extra high ceilings with loft-style design -Spacious, open-concept layouts -On-site fitness center -Laundry facilities in building -Bike storage available -Luxury resident lounge -No broker’s fee -Parking fee $200 Prime Location: Conveniently located near shops, restaurants, and public transportation, with easy access to major highways and NYC commuting options. Lease Details: -Immediate availability -Minimum 12-month lease -Pet policy may vary -Application, credit, and background check required -Income requirement applies Interested? Email office@rovazorealty. com to apply or inquire about available units. Listing posted by Mark H (201) 733-8200. [SYNDID 4172234 08122026]

Occupied Units

Occupied

405A

Studio

1 Bath

$1,546

Listed by Mark H
Days on market: 40
Luxury New Construction Apartments at 540 Central Ave with High Cellings – No Fee | Available Now Specials Available: -1 month free rent -Security deposit equal to 1 month -Apply now and SD only $500 Spacious, newly constructed luxury apartments now available at 540 Central Ave. These modern units feature an open, loft-style layout with extra high ceilings, creating a bright and airy living space perfect for comfortable, upscale living. Highlights Include: -New construction with luxury finishes -Extra high ceilings with loft-style design -Spacious, open-concept layouts -On-site fitness center -Laundry facilities in building -Bike storage available -Luxury resident lounge -No broker’s fee -Parking fee $200 Prime Location: Conveniently located near shops, restaurants, and public transportation, with easy access to major highways and NYC commuting options. Lease Details: -Immediate availability -Minimum 12-month lease -Pet policy may vary -Application, credit, and background check required -Income requirement applies Interested? Email office@rovazorealty. com to apply or inquire about available units. Listing posted by Mark H (201) 733-8200. [SYNDID 4157251 08042026]

Amenities for 540 Central Avenue

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

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Laundry
  • Storage
  • Fitness Center
  • Residents Lounge
Unit Amenities
  • Walk-In Closets
  • On-Site Laundry
  • Fitness Center
  • Hardwood Floor
  • High Ceilings

Policies at 540 Central Avenue

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 540 Central Avenue

HomeApartments in NewarkFairmount 540 Central Avenue #303B, Newark, NJ 07107, US

Live at 540 Central Ave in the heart of Fairmount, Newark, NJ. This intimate 3-unit property offers a range of living options, including studios and 1-bedroom apartments, spanning from 600 to 900 square feet. Residents enjoy a prime location, luxury finishes, and spacious open-concept layouts. Take advantage of top-notch amenities, including an on-site fitness center, luxury resident lounge, bike storage, and laundry facilities within the building. Additional perks include a rooftop lounge, hardwood floors, walk-in closets, and storage options. With a focus on long-term rentals, this property is perfect for those seeking a stable and comfortable living situation. Currently, there are units to choose from, offering a unique opportunity to join this exclusive community.

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Address details

Units4
Units available3
Neighborhood
City
Zip code07107

540 Central Avenue #303B is great for:

Pet owners

  • 2 pet grooming services nearby
  • 1 pet hospital in the area
  • 3 pet supply stores near the property

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

Positives

More space
The 2-bedroom is 101 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

If you decide to upgrade your space, you can expect 2-bedrooms at 540 Central Avenue #303B to be 11% more than the average for similarly sized apartments in Fairmount.

Median rents as of Aug 8 2026.
Fairmount
Newark
A table of 1-bedroom apartment rental data trends in Newark
MonthMedian Rent
August 2024$1,500
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$1,658
June 2026$1,600
July 2026$1,598
August 2026$1,625
A table of 1-bedroom apartment rental data trends in Fairmount
MonthMedian Rent
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$1,584
June 2026$1,599
July 2026$1,531
August 2026$1,525

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

$57,240/yr

With your selected rent-to-income ratio, you'd ideally want to make $57,240 annually to afford this studio monthly rent price of $1,431.
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.
Check out the past listing prices for monthly rent at 540 Central Avenue, Newark, NJ.
2 months ago$2,1951 bed1 bath
2 months ago$2,195Studio1 bath
2 months ago$1,545Studio1 bath

Schools near 540 Central Avenue #303B

Sussex Avenue Renew School

307 sussex ave

newark, NJ, 7107

PK, K-8Public
C

13th Avenue School

359 thirteenth ave

newark, NJ, 7103

PK, K-8Public
C-

John F. Kennedy School

311 s tenth st

newark, NJ, 7103

PK, K-12Public

Dr. E. Alma Flagg School

150 third st

newark, NJ, 7104

PK, K-8Public
C-

Salome Urena Elementary School

284 first ave

newark, NJ, 7104

PK, K-8Public
C
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Getting around Newark near 540 Central Avenue

Walking

10/10
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

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 540 Central Avenue, Newark

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

5/10
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 10-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

3/10
Some bars within walking distance

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