Zumper
modified
5+ Days Ago

Highlights

  • Private balcony
  • Central air conditioning
  • In-unit laundry
  • Gated community
  • Extra storage space
  • Spacious townhouse

Location

40 Walnut St, Jersey City, NJ 07305, USA|Hackensack River Waterfront
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Contact

Management

Sandeep Toshniwal

Leasing office

(844) 394-9568 ext. 4288

Property Overview

40 Walnut St features a competitive price-to-value ratio, rated 9 out of 10, highlighting its affordability relative to amenities and location. The property is also rated 8.1 out of 10 overall, with notable features including a private balcony, central air conditioning, and in-unit laundry. Its prime location offers unparalleled convenience, receiving a 9 out of 10 rating, while the property’s amenities score an impressive 8 out of 10, emphasizing the excellent standard of living it provides.

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.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 out of 10 overall, 40 Walnut St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 40 Walnut St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space

Floor plans

40 Walnut St2 bed2.5 bath1,350 sqft$3,100 /moLUXURY 2-Bed, 2.5-Bath Duplex Townhouse in Gated Society Hill Jersey City! Your search for the perfect Jersey City rental is over! Don't miss out on this great opportunity to live in a spacious, renovated brick-front duplex within the highly desirable, gated community of Society Hill. This 1,300 sq. ft. townhouse offers comfort and convenience with: 2 Generous Bedrooms and 2.5 Modern Bathrooms. In-Unit Laundry (Washer and Dryer included). Central Air Conditioning. Beautiful Floors throughout and lots of extra storage space. A Private Balcony for outdoor relaxation. Assigned Parking plus plenty of guest parking. Community Perks & Commuter's Dream: Enjoy the security and amenities of a gated community. Commuting is a breeze with a dedicated community shuttle bus to the PATH station! Logistics: Rent : $3100 can negotiate Utilities: Tenant responsible for all utilities. Availability: December 1st Contact us today to schedule a private tour of this exceptional rental before it's gone!

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Year built2000
Lease terms12+ months
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About 40 Walnut St

HomeApartments in Jersey CityHackensack River Waterfront 40 Walnut St

LUXURY 2-Bed, 2.5-Bath Duplex Townhouse in Gated Society Hill Jersey City! Your search for the perfect Jersey City rental is over! Don't miss out on this great opportunity to live in a spacious, renovated brick-front duplex within the highly desirable, gated community of Society Hill. This 1,300 sq. ft. townhouse offers comfort and convenience with: 2 Generous Bedrooms and 2.5 Modern Bathrooms. In-Unit Laundry (Washer and Dryer included). Central Air Conditioning. Beautiful Floors throughout and lots of extra storage space. A Private Balcony for outdoor relaxation. Assigned Parking plus plenty of guest parking. Community Perks & Commuter's Dream: Enjoy the security and amenities of a gated community. Commuting is a breeze with a dedicated community shuttle bus to the PATH station! Logistics: Rent : $3100 can negotiate Utilities: Tenant responsible for all utilities. Availability: December 1st Contact us today to schedule a private tour of this exceptional rental before it's gone!


Year Built: 2000

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.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 40 Walnut St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 40 Walnut St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 40 Walnut St
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.
40 Walnut St 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, 40 Walnut St 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.
40 Walnut St 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 40 Walnut St 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 40 Walnut St compares to other nearby properties.

Positives

More space
The 2-bedroom is 423 sqft larger than other listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Hackensack River Waterfront

2-bedroom apartments at 40 Walnut St cost about 2% more than the average rent price for 2-bedroom apartments in Hackensack River Waterfront.

Median rents as of Feb 28 2026.
Hackensack River Waterfront
Jersey City
A table of studio rental data trends in Jersey City
MonthMedian Rent
March 2024$2,919
April 2024$2,787
May 2024$2,805
June 2024$2,812
July 2024$2,880
August 2024$2,870
September 2024$2,756
October 2024$2,820
November 2024$2,804
December 2024$2,830
January 2025$2,797
February 2025$2,791
March 2025$2,704
April 2025$2,685
May 2025$2,550
June 2025$2,355
July 2025$2,709
August 2025$2,583
September 2025$2,695
October 2025$2,996
November 2025$2,946
December 2025$2,986
January 2026$2,927
February 2026$2,859
A table of studio rental data trends in Hackensack River Waterfront
MonthMedian Rent
May 2024$2,100
December 2024$2,050
January 2025$2,037
February 2025$2,009
March 2025$1,975
April 2025$1,985
May 2025$1,923
June 2025$1,978
July 2025$1,957
August 2025$1,966
September 2025$1,968
October 2025$1,955
November 2025$1,917
December 2025$1,967
January 2026$2,061
February 2026$2,058

Affordability calculator

Can I afford to live at 40 Walnut St?

Bedrooms

2 bedrooms

Rent-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

$124,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $124,000 annually to afford this 2-bedrooms monthly rent price of $3,100.
For more information on rent affordability, visit our rent calculator.

Schools near 40 Walnut St

James F. Murray School - P.S. 38

339 stegman parkway

jersey city, NJ, 7305

PK, K-8Public
C+

Gerard J. Dynes New Jersey Regional Day School at Jersey City

425 johnston ave

jersey city, NJ, 7304

PK, K-12Public

Early Childhood Center of the Ironbound

697 market st

newark, NJ, 7105

PKPublic

Patricia M. Noonan School Ps #26

164 laidlaw ave

jersey city, NJ, 7306

PK, K-5Public
B

East Ward Elementary School

104 oliver st

newark, NJ, 7105

PK, K-5Public
C-
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Neighborhood

Hackensack River Waterfront | Jersey City, NJ

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Jersey City near 40 Walnut St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 40 Walnut St, Jersey City

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

2/10
Some bars within walking distance

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