5+ Days Ago
Highlights
- Large kitchen
- Ample storage
- Easy access
Location
531 Monroe Ave, Elizabeth, NJ 07201, USA
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Property Overview
The property at 531 Monroe Ave features a large kitchen and ample storage, complemented by easy access to popular points of interest and transportation. With an impressive Zumper expert rating of 8.4, it stands out for its competitive pricing and excellent amenities, which are enhanced by a high location rating of 9. Additionally, it offers a trustworthy management experience, demonstrating a commitment to transparency and detailed information for prospective renters.
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- Less expensive
- Middle school nearby
Floor plans
| 531 Monroe Ave - 2 | 3 bed | 1 bath | $2,700 /mo | 1 unit available | Welcome to this beautifully maintained 2nd-floor apartment in the heart of Elizabeth! This spacious unit features 3 generously sized bedrooms plus a versatile bonus room perfect for a home office, playroom, or extra storage. Freshly painted and move-in ready, the apartment offers a bright and inviting living space, including a large kitchen with a dedicated pantry room and ample storage throughout. Enjoy access to a shared backyard, ideal for relaxing or entertaining. Situated in a prime commuter-friendly location just 4 minutes from the train station to NYC and a quick 6-minute drive to Newark Liberty International Airport. You'll also love the convenience of being close to downtown Elizabeth, with easy access to local supermarkets, shops, restaurants, and more. Don't miss the opportunity to live in a well-kept home that combines comfort, convenience, and location! |
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Policies and fees
Contact for more information on pet policy.
Required one-time fees
| Security Deposit | $0 |
|---|---|
Building details
Property details
| Units | 1 |
|---|
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About 531 Monroe Ave
Welcome to this beautifully maintained 2nd-floor apartment in the heart of Elizabeth! This spacious unit features 3 generously sized bedrooms plus a versatile bonus room perfect for a home office, playroom, or extra storage. Freshly painted and move-in ready, the apartment offers a bright and inviting living space, including a large kitchen with a dedicated pantry room and ample storage throughout. Enjoy access to a shared backyard, ideal for relaxing or entertaining. Situated in a prime commuter-friendly location just 4 minutes from the train station to NYC and a quick 6-minute drive to Newark Liberty International Airport. You'll also love the convenience of being close to downtown Elizabeth, with easy access to local supermarkets, shops, restaurants, and more. Don't miss the opportunity to live in a well-kept home that combines comfort, convenience, and location!
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, 531 Monroe Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 531 Monroe Ave 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.
531 Monroe Ave 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, 531 Monroe Ave 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.
531 Monroe Ave 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 531 Monroe Ave 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 531 Monroe Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.0 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 531 Monroe Ave cost about the same as the average rent price for 3-bedroom apartments in Elizabeth.
Median rents as of Sep 6 2025.
Elizabeth
| Month | Median Rent |
|---|---|
| September 2023 | $2,129 |
| October 2023 | $1,900 |
| November 2023 | $1,993 |
| December 2023 | $2,001 |
| January 2024 | $1,725 |
| February 2024 | $2,000 |
| March 2024 | $1,901 |
| April 2024 | $1,854 |
| May 2024 | $1,695 |
| June 2024 | $2,357 |
| July 2024 | $2,309 |
| August 2024 | $1,932 |
| 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 | $1,225 |
Affordability calculator
Can I afford to live at 531 Monroe 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
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 3-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Schools near 531 Monroe Ave
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
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-
Iprep Academy School No 8
221-227 court st
elizabeth, NJ, 7206
K-8Public
C
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Internet available near 531 Monroe Ave
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Elizabeth near 531 Monroe Ave
Walking
8/10
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
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 531 Monroe Ave, Elizabeth
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
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
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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