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Updated 1 Day Ago

Highlights

  • Prime location
  • Updated kitchen cabinets
  • Beautiful hardwood floors throughout
  • Desirable amenities

Location

242 Prospect St, East Orange, NJ 07017, USA
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Tour 242 Prospect Street

Contact

Management

242 Prospect Holding LLC

Leasing office

(862) 212-3413

Property Overview

242 Prospect Street offers strong value with an 8.5 Zumper Expert Rating, excellent price and amenities scores, and a highly convenient location. Its prime setting, updated kitchen cabinets, beautiful hardwood floors, and desirable amenities stand out, along with strong value per square foot and close 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.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 242 Prospect Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 242 Prospect 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.

Things you’ll love

  • More space
  • Middle school nearby
  • High school nearby

Floor plans

1 Bedroom1 bed1 bath800 sqft$1,550–$1,600 /mo3 units availableNice one beautiful apt in East Orange, NJ offers a freshly updated one-bedroom, one-bath residence with modern finishes throughout. The unit features an updated kitchen equipped with stainless steel appliances and an updated bathroom, providing a contemporary, low-maintenance living environment. Located in East Orange, this apartment is a solid choice for those seeking an updated, single-bedroom home.

Let's explore this property.

Amenities for 242 Prospect Street

Apartment Amenities

Heat and Hot WaterUpdated Bathroom

Appliances

Stainless Steel Appliances
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

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

Units49
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About 242 Prospect Street

HomeApartments in East Orange 242 Prospect Street

Welcome to our 1 bedroom apartment located in East orange this unit features beautiful hardwood floors throughout, an updated kitchen cabinets perfect for cooking and entertaining including heat and hot water for added convenience. Whit a prime location and this desirables amenities. This apt is perfect place to call home contact us today to schedule a tour and make apt yours Minimum requirements to rent this apartment: 600 Credit Score Gross Monthly Income 3X rent No Landlord Tenancy Filings


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 242 Prospect Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 242 Prospect 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.
How we rated 242 Prospect Street
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.
242 Prospect Street 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·9A 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.
242 Prospect Street goes above and beyond to provide sought-after conveniences and desirable perks, including heat and hot water. Renters looking for popular or luxurious features will find them here—and for that reason, 242 Prospect Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
242 Prospect 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 242 Prospect 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.
242 Prospect 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 242 Prospect Street compares to other nearby properties.

Positives

More space
The 1-bedroom is 85 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.1 mile away
High school nearby
There is a high school 0.3 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in East Orange

1-bedroom apartments at 242 Prospect Street cost about 7% less than the average rent price for 1-bedroom apartments in East Orange.

Median rents as of Jul 18 2026.
East Orange
A table of studio rental data trends in East Orange
MonthMedian Rent
August 2024$1,256
September 2024$1,375
October 2024$1,375
November 2024$1,420
December 2024$1,500
January 2025$1,512
February 2025$1,400
March 2025$1,367
April 2025$1,350
May 2025$1,350
June 2025$1,350
July 2025$1,359
August 2025$1,321
September 2025$1,309
October 2025$1,382
November 2025$1,494
December 2025$1,701
January 2026$1,340
February 2026$1,373
March 2026$1,512
April 2026$1,383
May 2026$1,356
June 2026$1,400
July 2026$1,386

Affordability calculator

Can I afford to live at 242 Prospect St?

Bedrooms

1 bedroom

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

$62,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 1-bedroom monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.

Schools near 242 Prospect Street

Edward T. Bowser Senior School of Excellence

180 lincoln st

east orange, NJ, 7017

PK, K-5Public
C-

Wahlstrom Early Childhood Academy

340 prospect st

east orange, NJ, 7017

PK, KPublic
B-

Althea Gibson Academy

490 william st

east orange, NJ, 7017

PK, KPublic
B-

Central Elementary School

33 cleveland st

orange, NJ, 7050

K-2Public

Salome Urena Elementary School

284 first ave

newark, NJ, 7104

PK, K-8Public
C
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Internet available near 242 Prospect Street

Neighborhood

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

Getting around East Orange near 242 Prospect St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 242 Prospect St, East Orange

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

6/10
Variety of restaurants within walking distance

Primary schools

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

High schools

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

Parks

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 242 Prospect St

Medina Supermarket
451 Springdale Ave
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284 N Clinton St
Volcy Unity
159 N Clinton St
E & W Food Market
328 Dodd St
Mercate Market
220 Springdale Ave

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