Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly

Location

500 Jersey Ave, Jersey City, NJ 07302, USA|Historic Downtown
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Contact

Management

Grand Street Property Management, LLC

Leasing office

(844) 311-7019 ext. 7790

Property Overview

500 Jersey Ave achieves an impressive Zumper expert rating of 8.3 out of 10, highlighting its strong appeal as a rental option. With a competitive price rating of 8 and a standout location rating of 9, it offers excellent convenience alongside high value for amenities, making it a desirable choice. The property also demonstrates accountability and transparency, reflected in a trustworthiness rating of 7, coupled with proximity to top-rated schools, providing an attractive living environment.

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

8.3
Very Good
With a solid 8.3 out of 10 overall, 500 JERSEY AVE is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 500 JERSEY AVE has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • High school nearby
  • Less expensive

Floor plans

500 Jersey Avenue - StudioStudio1 bath400 sqft$2,292 /mo1 unit available

Let's explore this property.

Amenities for 500 JERSEY AVE

Building

Cats OKDogs OK
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

Cat policy

Allowed 
Limit2
Monthly Rent$50

Small dog policy

Allowed 
Limit2
Monthly Rent$50

Maximum 2 Pets Allowed. $50.00 Monthly Rent Per Pet. | Restrictions: No "dangerous breed" are permitted. "Dangerous Breed" includes, but is not limited to, Rottweilers and Pitt Bulls.

Required one-time fees

Security Deposit$3,438.79
Security Deposit. Refundable amount: 100%
Building details

Property details

Units9
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About 500 JERSEY AVE

HomeApartments in Jersey CityHistoric Downtown 500 JERSEY AVE

Charming historic downtown, minutes from the PATH, and right next door to Van Vorst Park!


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 500 JERSEY AVE is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 500 JERSEY AVE has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated 500 JERSEY AVE
Price·8A 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.
Scoring a 8/10, 500 JERSEY AVE is a great option for renters looking for apartments in Historic Downtown. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 500 JERSEY 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.
500 JERSEY 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·9A 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.
500 JERSEY AVE has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
500 JERSEY AVE 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 500 JERSEY AVE compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
High school nearby
There is a high school 0.4 mile away
Less expensive
Studio units are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Historic Downtown

studio apartments at 500 JERSEY AVE cost about 4% less than the average rent price for studio apartments in Historic Downtown.

Median rents as of Sep 13 2025.
Historic Downtown
Jersey City
A table of studio rental data trends in Jersey City
MonthMedian Rent
September 2023$2,889
October 2023$2,707
November 2023$2,714
December 2023$2,815
January 2024$2,772
February 2024$2,679
March 2024$2,910
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$2,600
A table of studio rental data trends in Historic Downtown
MonthMedian Rent
September 2023$2,773
October 2023$2,909
November 2023$2,948
December 2023$2,887
January 2024$2,739
February 2024$2,734
March 2024$2,818
April 2024$2,786
May 2024$2,647
June 2024$2,633
July 2024$2,689
August 2024$2,776
September 2024$3,006
October 2024$2,937
November 2024$2,850
December 2024$2,781
January 2025$2,756
February 2025$2,771
March 2025$2,593
April 2025$2,537
May 2025$2,666
June 2025$2,694
July 2025$2,671
August 2025$2,693
September 2025$2,433

Affordability calculator

Can I afford to live at 500 Jersey Ave?

Bedrooms

Studio

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

$82,320/yr

With your selected rent-to-income ratio, you'd ideally want to make $82,320 annually to afford this studio monthly rent price of $2,058.
For more information on rent affordability, visit our rent calculator.

Schools near 500 JERSEY AVE

Frank R. Conwell School - P.S. 3

111 bright st

jersey city, NJ, 7302

PK, K-5Public
B-

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

425 johnston ave

jersey city, NJ, 7304

PK, K-12Public
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Internet available near 500 JERSEY AVE

Getting around Jersey City near 500 Jersey Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 500 Jersey Ave, Jersey City

Groceries

10/10
Several grocery stores nearby

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Variety of cafés within a few minutes' walk

Restaurants

9/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

6/10
Variety of bars within walking distance

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