Updated 5+ Days Ago
Highlights
- Professionally managed
- Close to restaurants, supermarkets, banks
Location
431 Madison Ave, Elizabeth, NJ 07201, USA
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Property Overview
NJRU Associates LLC earns a strong overall impression with an 8.4 Zumper expert rating, highlighted by excellent price value, a high location score, and solid amenities and trustworthiness. It is professionally managed and close to restaurants, supermarkets, and banks, with strong value for money and convenient access to nearby top-rated schools.
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- High school nearby
- Less expensive
Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | $2,350 /mo | 1 unit available | Apartment fully renovated apartment for rent in amazing location. The apartment features 3 bedrooms, 1 bath, living room, eat-in kitchen and 1 parking space. Property features: -Close to schools -Close to public transportation -5 minutes from the Elizabeth train station -Close to Restaurants, Supermarkets, Banks Monthly Rent: $2,350 Security Deposit: $3,525 Broker's Fee: Broker's fee paid by the Landlord Tenant pays hot water, heat, cooking gas, and electricity. No pets allowed No brokers fee Property professionally managed by a Property Management company. No Broker Cooperation Requirements: Tenant application via Zillow. com (Tenancy and credit report) 3 month of most recent pay-stubs Photo ID 1st-month rent and 1.5 security deposit required. Drive by the property before making an appointment. 12 months |
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Policies and fees
Applicants
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?
Building details
Property details
| Units | 4 |
|---|
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About NJRU Associates LLC
Apartment fully renovated apartment for rent in amazing location. The apartment features 3 bedrooms, 1 bath, living room, eat-in kitchen and 1 parking space. Property features: -Close to schools -Close to public transportation -5 minutes from the Elizabeth train station -Close to Restaurants, Supermarkets, Banks Monthly Rent: $2,350 Security Deposit: $3,525 Broker's Fee: Broker's fee paid by the Landlord Tenant pays hot water, heat, cooking gas, and electricity. No pets allowed No brokers fee Property professionally managed by a Property Management company. No Broker Cooperation Requirements: Tenant application via Zillow. com (Tenancy and credit report) 3 month of most recent pay-stubs Photo ID 1st-month rent and 1.5 security deposit required. Drive by the property before making an appointment. 12 months
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, NJRU Associates LLC is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, NJRU Associates LLC 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·10A 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.
NJRU Associates LLC offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, NJRU Associates LLC 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.
NJRU Associates LLC 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 NJRU Associates LLC does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 NJRU Associates LLC compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 0.5 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 2 miles away
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Rent trends in Elizabeth
3-bedroom apartments at NJRU Associates LLC cost about 11% less than the average rent price for 3-bedroom apartments in Elizabeth.
Median rents as of Aug 15 2026.
Elizabeth
| Month | Median Rent |
|---|---|
| August 2024 | $1,958 |
| September 2024 | $2,008 |
| October 2024 | $2,150 |
| November 2024 | $2,200 |
| December 2024 | $2,130 |
| January 2025 | $2,100 |
| February 2025 | $1,968 |
| March 2025 | $1,800 |
| April 2025 | $1,750 |
| May 2025 | $1,690 |
| June 2025 | $1,500 |
| July 2025 | $1,170 |
| August 2025 | $1,100 |
| September 2025 | $1,285 |
| October 2025 | $1,164 |
| November 2025 | $1,545 |
| December 2025 | $1,519 |
| January 2026 | $1,575 |
| February 2026 | $1,613 |
| March 2026 | $1,653 |
| April 2026 | $1,650 |
| May 2026 | $1,620 |
| June 2026 | $1,593 |
| July 2026 | $1,640 |
| August 2026 | $1,597 |
Affordability calculator
Can I afford to live at 431 Madison Ave?
Bedrooms
3 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
$94,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 3-bedrooms monthly rent price of $2,350.
For more information on rent affordability, visit our rent calculator.
Schools near NJRU Associates LLC
Winfield Scott School No. 2
125 madison ave
elizabeth, NJ, 7201
PK, K-8Public
C
Donald Stewart Early Childhood Center #51
544 pennsylvania ave
elizabeth, NJ, 7207
PKPublic
Chessie Dentley Roberts Academy School No. 30
730 pennsylvania ave
elizabeth, NJ, 7208
PK, K-8Public
C+
Dr. Albert Einstein Academy School No. 29
919 north broad st
elizabeth, NJ, 7208
PK, K-8Public
B-
Frances C. Smith Early Childhood Center #50
1000 south elmora ave
elizabeth, NJ, 7202
PKPublic
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Internet available near NJRU Associates LLC
Getting around Elizabeth near 431 Madison Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
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
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 431 Madison Ave, Elizabeth
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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