2 Days 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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Property Overview
242 Prospect Street features a prime location with excellent proximity to top-rated schools, enhancing its overall appeal. Zumper ratings reveal an impressive overall expert rating of 8.4, with standout scores of 10 for price and 9 for location, indicating exceptional value and convenience. Notable amenities such as updated kitchen cabinets and beautiful hardwood floors contribute to its desirability, making it a premier choice in the area.
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
High school nearby- More space
- Middle school nearby
Floor plans
| 2 Bedroom | 2 bed | 1 bath | $1,950 /mo | 1 unit available | I have nice 2 bedroom apt in 242 prospect st east orange 2 blocks from brick church train station and shop right great location |
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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 | 49 |
|---|
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About 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.
8.4
/10
Very GoodWith a solid 8.4 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.
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·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, 242 Prospect 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.
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·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 242 Prospect Street compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- More space
- The 1-bedroom is 50 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.1 mile away
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Rent trends in East Orange
2-bedroom apartments at 242 Prospect Street cost about 4% less than the average rent price for 2-bedroom apartments in East Orange.
Median rents as of Mar 28 2026.
East Orange
| Month | Median Rent |
|---|---|
| April 2024 | $1,337 |
| May 2024 | $1,375 |
| June 2024 | $1,375 |
| July 2024 | $1,265 |
| 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 |
Affordability calculator
Can I afford to live at 242 Prospect 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
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 2-bedrooms monthly rent price of $1,950.
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
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