5+ Days Ago
Location
313-315 Lake St, Newark, NJ 07104, USA|Seventh Avenue
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Property Overview
The evaluations for 313-315 Lake Street indicate a strong overall appeal with an expert rating of 8/10, reflecting its attractiveness to renters. It features competitive pricing (9/10) and an impressive array of amenities (8/10), all complemented by a prime location (9/10) that offers easy access to essential services. Additionally, the property demonstrates a commendable level of transparency and trustworthiness (7/10) in its presentation, ensuring potential renters have a clear understanding of what to expect.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
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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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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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: 300 Prospect Ave, 691 Bloomfield Ave, 50 Maple Ave, 3 Lucille Pl
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.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
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 23% more than the average for similarly sized apartments in Seventh Avenue.
Median rents as of Jan 10 2026.
Seventh Avenue
Newark
| Month | Median Rent |
|---|---|
| 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 | $1,820 |
| December 2025 | $1,761 |
| January 2026 | $1,781 |
| 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 |
| December 2025 | $1,800 |
| January 2026 | $1,800 |
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
Explore the area around 313-315 Lake St
Ciales Grocery Inc
222 Bloomfield Ave
Park Avenue Foodmarket
105 Park Ave
Popular Super Deli
468 4th St
L D Family Mini Market
312 Bloomfield Ave
Food Fair
323 Mount Prospect Ave
King's Renovation
260 Mount Prospect Ave
True Sew Fashions Inc
305 3rd Ave W
Warehouse
103 Bloomfield Ave
Al 2 Salvation LLC
21 Park Ave
Family Dollar
131 Clifton Ave
Nora's Bakery & Cafe
201 Mount Prospect Ave
Dunkin'
266 Park Ave
Dunkin'
48 Bloomfield Ave
Dunkin'
1399 McCarter Hwy
Plaza 21 Coffee Shop Corp
1429 McCarter Hwy
Castle Sports Bar & Restaurant
187 Bloomfield Ave
Di Lubio Asur Tavern
106 Broadway
Applebee's Grill + Bar
175 Passaic Ave
Lounge Fifty 2 LLC
52 Springdale Ave
Buffalo Wild Wings GO
190 Passaic Ave
Mommy's Dominican Cakes
200 Bloomfield Ave
Espiga Dourada 2
174 Bloomfield Ave
Nora's Bakery & Cafe
201 Mount Prospect Ave
Calandra's Italian & French Bakery
204 1st Ave W
Bakery Village MNGMT Office
1 4th Ave
Branch Brook Park
Kearny Park
Columbian Park
Plaza Felton Field
West Hudson Park
Good Day Chinese Restaurant
214 Bloomfield Ave
Nicko's Pizzeria
220 Bloomfield Ave
Chimi Place
219 Bloomfield Ave
El Encuentro Restaurant
196 Bloomfield Ave
Good Friends Restaurant
170 Bloomfield Ave
BLOOMFIELD AVE AT PARKER ST
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BLOOMFIELD AVE AT PARKER ST
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BLOOMFIELD AVE AT LAKE ST
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BLOOMFIELD AVE AT LAKE ST
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BLOOMFIELD AVE AT CLIFTON AVE
NEWARK BROAD ST
Montclair-Boonton Line, Montclair-Boonton Line, Morris & Essex Line, Gladstone Branch
EAST ORANGE
Morris & Essex Line, Gladstone Branch
WATSESSING AVENUE
Montclair-Boonton Line, Montclair-Boonton Line
Harrison
Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train
Newark
Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train, Newark - Harrison Shuttle Train
BLOOMFIELD AVENUE LIGHT RAIL STATION
Newark Light Rail
PARK AVENUE NEWARK LIGHT RAIL STATION
Newark Light Rail
DAVENPORT AVENUE LIGHT RAIL STATION
Newark Light Rail
ORANGE STREET LIGHT RAIL STATION
Newark Light Rail
BROAD STREET LIGHT RAIL STATION
Newark Light Rail
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