Updated 5+ Days Ago
Location
720 Monroe Ave, Elizabeth, NJ 07201, USA
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Amenities for 720 Monroe Ave
Apartment Amenities
| 2 Floors | Central Air |
Grounds
| Outdoor Space |
Other
| 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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 720 Monroe Ave
Property Status: Active Charming and sunlit, this 2-bedroom, 1-bathroom apartment at 720"722 Monroe Ave in Elizabeth's North End offers the perfect blend of comfort and convenience. Ideal for commuters, you're just minutes from the North Elizabeth NJ Transit station for an easy trip into NYC, near major highways (Rt 1&9, NJ Turnpike), and only five minutes from Newark Liberty International Airport. Enjoy everyday ease with local dining, neighborhood markets, and premier shopping at The Mills at Jersey Gardens right around the corner. Schedule your viewing today! 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 720 Monroe Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- Elementary school nearby
- There is an elementary school 0.1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 07201 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Elizabeth
2-bedroom apartments at 720 Monroe Ave cost about 10% more than the average rent price for 2-bedroom apartments in Elizabeth.
Median rents as of Sep 5 2026.
Elizabeth
| Month | Median Rent |
|---|---|
| September 2024 | $2,275 |
| October 2024 | $2,256 |
| November 2024 | $2,467 |
| December 2024 | $2,450 |
| January 2025 | $2,510 |
| February 2025 | $2,350 |
| March 2025 | $2,160 |
| April 2025 | $2,187 |
| May 2025 | $2,249 |
| June 2025 | $2,287 |
| July 2025 | $2,144 |
| August 2025 | $2,189 |
| September 2025 | $2,153 |
| October 2025 | $2,100 |
| November 2025 | $2,100 |
| December 2025 | $2,100 |
| January 2026 | $2,103 |
| February 2026 | $2,091 |
| March 2026 | $2,053 |
| April 2026 | $2,068 |
| May 2026 | $2,110 |
| June 2026 | $2,100 |
| July 2026 | $2,132 |
| August 2026 | $2,100 |
| September 2026 | $2,100 |
Affordability calculator
Can I afford to live at 720 Monroe 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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 2-bedrooms monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 720 Monroe Ave
Chessie Dentley Roberts Academy School No. 30
730 pennsylvania ave
elizabeth, NJ, 7208
PK, K-8Public
C+
Toussaint L'ouverture-Marquis de Lafayette School No. 6
1071 julia st
elizabeth, NJ, 7201
PK, K-8Public
C
Donald Stewart Early Childhood Center #51
544 pennsylvania ave
elizabeth, NJ, 7207
PKPublic
Dr. Albert Einstein Academy School No. 29
919 north broad st
elizabeth, NJ, 7208
PK, K-8Public
B-
Iprep Academy School No 8
221-227 court st
elizabeth, NJ, 7206
K-8Public
C
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Internet available near 720 Monroe Ave
Getting around Elizabeth near 720 Monroe Ave
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 720 Monroe Ave, Elizabeth
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
10/10
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
8/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
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