5+ Days Ago
Location
313-315 Lake St, Newark, NJ 07104, USA|Seventh Avenue
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Floor plans
| 313-315 Lake Street - 504 | 2 bed | 1 bath | 943 sqft | $2,900 /mo | |||
| 313-315 Lake Street - 503 | 2 bed | 1 bath | 973 sqft | $2,940 /mo | |||
| 313-315 Lake Street - 405 | 2 bed | 1 bath | 987 sqft | $2,940 /mo | |||
| 313-315 Lake Street - 501 | 2 bed | 1 bath | 969 sqft | $2,980 /mo | |||
| 313-315 Lake Street - 402 | 2 bed | 1 bath | 1,125 sqft | $3,050 /mo |
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About 313-315 Lake Street
313-315 Lake Street cost $2,900–$3,050 per month. Located at 313-315 Lake St, Newark, NJ 07104, USA, 313-315 Lake Street has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Newark, renting an apartment at 313-315 Lake Street is 53% more expensive per month.Other apartment buildings in or around Newark include but are not limited to: 45 Euclid Ave, 572 Main St, 70 Berkshire Pl, 45 William St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 313-315 Lake Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 313-315 Lake Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
313-315 Lake Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 313-315 Lake Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
313-315 Lake Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 313-315 Lake Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
313-315 Lake Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 313-315 Lake Street compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Seventh Avenue
If you decide to upgrade your space, you can expect 2-bedrooms at 313-315 Lake Street to be 1% more than the average for similarly sized apartments in Seventh Avenue.
Median rents as of Nov 15 2025.
Seventh Avenue
Newark
| Month | Median Rent |
|---|---|
| December 2023 | $1,454 |
| January 2024 | $1,474 |
| February 2024 | $1,495 |
| March 2024 | $1,489 |
| April 2024 | $1,578 |
| May 2024 | $1,563 |
| 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 | $1,833 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,437 |
| March 2024 | $1,497 |
| April 2024 | $1,349 |
| March 2025 | $1,458 |
| April 2025 | $1,543 |
| May 2025 | $1,520 |
| June 2025 | $1,450 |
| July 2025 | $1,450 |
| August 2025 | $1,586 |
| September 2025 | $1,595 |
Affordability calculator
Can I afford to live at 313-315 Lake St?
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
$117,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $117,600 annually to afford this 2-bedrooms median monthly rent price of $2,940.
For more information on rent affordability, visit our rent calculator.
Schools near 313-315 Lake Street
Roberto Clemente Elementary School
257 summer ave
newark, NJ, 7104
PK, K-8Public
C-
Dr. William H. Horton School
291 n 7th st
newark, NJ, 7107
PK, K-8Public
C-
First Avenue School
214 first ave
newark, NJ, 7107
PK, K-8Public
C+
Franklin School
42 park ave
newark, NJ, 7104
PK, K-8Public
C
Rafael Hernandez School
345 broadway
newark, NJ, 7104
PK, K-8Public
C-
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Internet available near 313-315 Lake Street
Getting around Newark near 313-315 Lake St
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 313-315 Lake St, 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
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
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