Updated 24 Minutes Ago
Location
53 University Ave, Newark, NJ 07102, USA|Newark Central Business District
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Property management
Apartments for rent New YorkApartments for rent Financial DistrictApartments for rent Upper West SideApartments for rent ChelseaApartments for rent Hell's KitchenApartments for rent Upper East SideApartments for rent Battery Park CityApartments for rent Midtown EastApartments for rent Downtown BrooklynApartments for rent Murray HillApartments for rent East VillageApartments for rent TribecaApartments for rent West VillageApartments for rent Long Island CityApartments for rent WilliamsburgApartments Near Me
Houses for rent New YorkHouses for rent NewarkHouses for rent StamfordHouses for rent Long BeachHouses for rent FlemingtonHouses for rent Bound BrookHouses for rent Baldwin HarborHouses for rent Jersey CityHouses for rent Long BranchHouses for rent EdisonHouses for rent Asbury ParkHouses for rent HobokenHouses for rent EdgewaterHouses for rent BelmarHouses for rent North BergenHouses for rent near me
Property Overview
53 University has a balanced overall appeal with a strong Zumper expert rating and several positive qualities that make it stand out. It offers notable features that add to its value, along with clear pros that support its desirability for a range of renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
- Dishwasher
Great for
Eco living
Floor plans
| 2 Bed+Den x 2 Bath Type-2 | 2 bed | 2 bath | 940 sqft | $2,500 /mo | 1 unit available | Move in without paying a traditional security deposit upfront through Obligo. This well-designed 2 bedroom+Den, 2 bathroom residence spanning 980 square feet offers a rare combination of space, comfort, and location in Newark’s highly desirable University Heights neighborhood. The apartment features a functional layout with clearly defined living and sleeping areas, making it ideal for roommates, families, or anyone seeking extra space for work or study. Multiple bedrooms provide flexibility, while two full bathrooms add everyday convenience and privacy. Located at 53 University Avenue, residents are just minutes from NJIT, Rutgers–Newark, Essex County College, University Hospital, and downtown Newark. Easy access to Broad Street Station, Newark Penn Station, major highways, dining, and cultural destinations makes commuting and city living effortless. Whether you’re a professional, student group, or family, this apartment delivers generous square footage, a smart layout, and a prime location that puts everything within reach. |
Let's explore this property.
Amenities for 53 University
Apartment Amenities
| Air Conditioning | Full Kitchen |
| Great View | Key Fobs |
| Natural Light | Oversized Windows |
| Water |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove | Washer and Dryer |
Building
| Brownstone Building | Sewer |
Services
| Trash Disposal |
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
Building details
Property details
| Units | 6 |
|---|
About 53 University
Welcome to 53 University Avenue, a well-maintained mixed-use building located in the heart of Newark’s University Heights neighborhood. This property features six residential apartments and one commercial space, offering a balanced blend of residential living with street-level convenience. The residential units are spacious and thoughtfully laid out, designed to provide comfortable city living with practical floor plans. Select units feature generous living areas, ample natural light, and functional kitchens suitable for everyday use. The building is professionally managed, ensuring consistent maintenance and responsive service. Situated just minutes from NJIT, Rutgers–Newark, and Essex County College, this location offers excellent access to major employers, academic institutions, public transportation, and downtown Newark amenities. Residents enjoy proximity to shops, dining, and major transit routes, including easy access to NYC. Highlights: Convenient University Heights location Close to universities, transit, and downtown Newark Professionally managed property 53 University Avenue is ideal for residents seeking space, convenience, and connectivity in one of Newark’s most accessible neighborhoods.
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 53 University is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 53 University 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.
53 University 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·10A 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.
53 University stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
53 University 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 53 University 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.
53 University is great 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 53 University compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.3 miles away
- Dishwasher
- Dishwasher available in kitchen
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.2 miles away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Newark Central Business District
2-bedroom apartments at 53 University cost about 7% less than the average rent price for 2-bedroom apartments in Newark Central Business District.
Median rents as of Oct 10 2026.
Newark Central Business District
Newark
| Month | Median Rent |
|---|---|
| October 2024 | $1,300 |
| November 2024 | $1,512 |
| December 2024 | $1,462 |
| January 2025 | $1,523 |
| February 2025 | $1,593 |
| March 2025 | $1,640 |
| April 2025 | $1,643 |
| May 2025 | $1,475 |
| June 2025 | $1,450 |
| July 2025 | $1,350 |
| August 2025 | $1,300 |
| September 2025 | $1,280 |
| October 2025 | $1,250 |
| November 2025 | $1,434 |
| December 2025 | $1,581 |
| January 2026 | $1,788 |
| February 2026 | $1,827 |
| March 2026 | $1,715 |
| April 2026 | $1,659 |
| May 2026 | $1,647 |
| June 2026 | $1,550 |
| July 2026 | $1,405 |
| August 2026 | $1,386 |
| September 2026 | $1,372 |
| October 2026 | $1,325 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,100 |
| November 2024 | $2,100 |
| December 2024 | $2,118 |
| January 2025 | $2,105 |
| February 2025 | $2,086 |
| March 2025 | $2,059 |
| April 2025 | $2,050 |
| May 2025 | $2,088 |
| June 2025 | $2,074 |
| July 2025 | $2,100 |
| August 2025 | $2,114 |
| September 2025 | $2,125 |
| October 2025 | $2,199 |
| November 2025 | $2,152 |
| December 2025 | $2,187 |
| January 2026 | $2,200 |
| February 2026 | $1,978 |
| March 2026 | $2,172 |
| April 2026 | $2,286 |
| May 2026 | $2,287 |
| June 2026 | $2,262 |
| July 2026 | $2,162 |
| August 2026 | $2,131 |
| September 2026 | $1,919 |
| October 2026 | $2,031 |
Affordability calculator
Can I afford to live at 53 University Ave?
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
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Schools near 53 University
Quitman Street School
21 quitman st
newark, NJ, 7103
PK, K-8Public
C
Oliver Street School
86 oliver st
newark, NJ, 7105
PK, K-8Public
C+
Louise A. Spencer School
66 muhammad ali ave
newark, NJ, 7108
PK, K-8Public
C-
South Street School
44-48 hermon st
newark, NJ, 7105
PK, K-8Public
C
East Ward Elementary School
104 oliver st
newark, NJ, 7105
PK, K-5Public
C-
Neighborhood
Newark Central Business District | Newark, NJ
Getting around Newark near 53 University Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 53 University Ave, Newark
Groceries
9/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
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
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Compare similar properties nearby
Eagle Rock Apartments at Maplewood
Our team has verified this company10 Van Ness Ct
1–2 Beds
$2,279–$2,909
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- in-unit laundry
- dishwasher
Clinton Flats
Our team has verified this companyNewark Central Business District • 30 Clinton St
1 Bed
$2,200–$2,250
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- in-unit laundry
- dishwasher
Lower Roseville • 70 Roseville Ave
1 Bed
$2,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
South Ironbound • 42 Vesey St
1–2 Beds
$2,425–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
946 Stuyvesant Ave
2 Beds
$2,929–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
7711 River Rd
1–2 Beds
$2,750–$5,286
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
3 Lucille Pl
3 Beds
$2,200–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
975 Bonnel Ct
1–2 Beds
$2,154–$3,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
Eagle Rock Apartments at Maplewood
Our team has verified this company10 Van Ness Ct
1–2 Beds
$2,279–$2,909
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- in-unit laundry
- dishwasher
Clinton Flats
Our team has verified this companyNewark Central Business District • 30 Clinton St
1 Bed
$2,200–$2,250
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- in-unit laundry
- dishwasher
Lower Roseville • 70 Roseville Ave
1 Bed
$2,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
South Ironbound • 42 Vesey St
1–2 Beds
$2,425–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
946 Stuyvesant Ave
2 Beds
$2,929–$3,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
7711 River Rd
1–2 Beds
$2,750–$5,286
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
3 Lucille Pl
3 Beds
$2,200–$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher
975 Bonnel Ct
1–2 Beds
$2,154–$3,250
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.- dogs and cats ok
- in-unit laundry
- dishwasher