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524 Somerset Street earns a strong overall rating of 8.4 out of 10, with especially high marks for price and location, plus solid scores for amenities and trustworthiness. Its notable features include hardwood flooring and carpet throughout, and it is close to highly rated elementary, middle, and high schools.
Things you’ll love
| 3BR/1.0BA | 3 bed | 1 bath | $1,775 /mo | 1 unit available | Charming 3 bed, 1 bath apartment in Gloucester City featuring a new kitchen with granite counter tops and newer appliances. Hardwood flooring and carpet throughout the unit. Newly remodeled bathroom with tile shower. Apply Today! http tvpmrentals com We accept Section 8 Hablamos espanol. Acceptamos Seccion 8 Application Requirements: Gross monthly income equal to 3× the monthly rent Credit screening required (screening guidelines apply) Financial and criminal background screening required No prior evictions within established screening guidelines Two (2) months of bank statements (no screenshots) Two (2) months of pay stubs (no screenshots) Six (6) months of verifiable income history Utilities: Tenant is responsible for gas & electric Tenant is responsible for a $25 water/sewer fee per month Security Deposit & Required Protection: The reduced security deposit described below is a benefit associated with enrollment in the required protection program and does not waive or eliminate security-deposit requirements under New Jersey law. All approved residents are required to enroll in the Landlord Protection program at a rate of $60 per month as a condition of tenancy. Enrollment in this program allows residents to qualify for a reduced security deposit of $500, in lieu of a higher standard security deposit. Voucher or assisted residents may be excluded from the Landlord Protection program due to third-party insurance eligibility requirements. When enrollment is not permitted by the program provider, the standard security deposit will apply, in accordance with New Jersey law and applicable program rules. Residents Benefits RBP @ $35 / Month Includes: Pest Control Credit Building Resident Rewards (Gift Cards) Utility Set Up Group Rate Internet GRI @ $65 / Month Includes: 1 Gig High Speed Internet 24/7 Premium Support & Set Up Pets: Pets are welcomed; additional charges, restrictions, and approvals apply. |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 4 |
|---|
Charming 3 bed, 1 bath apartment in Gloucester City featuring a new kitchen with granite counter tops and newer appliances. Hardwood flooring and carpet throughout the unit. Newly remodeled bathroom with tile shower. Apply Today! http tvpmrentals com We accept Section 8 Hablamos espanol. Acceptamos Seccion 8 Application Requirements: Gross monthly income equal to 3× the monthly rent Credit screening required (screening guidelines apply) Financial and criminal background screening required No prior evictions within established screening guidelines Two (2) months of bank statements (no screenshots) Two (2) months of pay stubs (no screenshots) Six (6) months of verifiable income history Utilities: Tenant is responsible for gas & electric Tenant is responsible for a $25 water/sewer fee per month Security Deposit & Required Protection: The reduced security deposit described below is a benefit associated with enrollment in the required protection program and does not waive or eliminate security-deposit requirements under New Jersey law. All approved residents are required to enroll in the Landlord Protection program at a rate of $60 per month as a condition of tenancy. Enrollment in this program allows residents to qualify for a reduced security deposit of $500, in lieu of a higher standard security deposit. Voucher or assisted residents may be excluded from the Landlord Protection program due to third-party insurance eligibility requirements. When enrollment is not permitted by the program provider, the standard security deposit will apply, in accordance with New Jersey law and applicable program rules. Residents Benefits RBP @ $35 / Month Includes: Pest Control Credit Building Resident Rewards (Gift Cards) Utility Set Up Group Rate Internet GRI @ $65 / Month Includes: 1 Gig High Speed Internet 24/7 Premium Support & Set Up Pets: Pets are welcomed; additional charges, restrictions, and approvals apply.
How 524 Somerset Street compares to other nearby properties.
Positives
Considerations
3-bedroom apartments at 524 Somerset Street cost about 12% less than the average rent price for 3-bedroom apartments in Gloucester City.
| Month | Median Rent |
|---|---|
| June 2025 | $1,664 |
| July 2025 | $1,544 |
| August 2025 | $1,456 |
| September 2025 | $1,415 |
| October 2025 | $1,376 |
| November 2025 | $1,310 |
| December 2025 | $1,275 |
| January 2026 | $1,175 |
| February 2026 | $850 |
| March 2026 | $931 |
| April 2026 | $1,000 |
| May 2026 | $1,082 |
| June 2026 | $884 |
| July 2026 | $775 |
| August 2026 | $810 |
| September 2026 | $950 |
| October 2026 | $956 |
Can I afford to live at 524 Somerset St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$71,000/yr
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